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EUR/USD Breaks Triangle, Looking at a Rising Channel Support 27 Aug 2013 | 06:50 pm
Triangle breakdown: The EUR/USD has been trading sideways but with a prevailing bullish bias since last week and has been in a bit of congestion, or triangle. The 8/27 session pushed the pair down, br...
USD/JPY Falling Sharply, 97 Support is Next 27 Aug 2013 | 06:49 pm
Head and shoulders: The USD/JPY has been retreating its 99.14 August high, which respected a falling trendline coming down from the 2013-high of 103.74. The strong push below 98.00 neutralized the bul...
GBP/USD at 1.55; Support Cluster around 1.5415 27 Aug 2013 | 06:47 pm
Topping: After the topping action last Friday, GBP/USD consolidated a bit around 1.56 and then fell further today to about 1.55 as we get into the 8/27 US session.Holding above 1.55 through the US ses...
Rupee sinks to fresh low on growth fears 27 Aug 2013 | 05:37 pm
The Indian rupee sinks to a further record low as dismay about budget costs of food subsidies add to broader concerns over EM growth
Indonesia slide hits economy at bad time 27 Aug 2013 | 04:49 pm
Indonesia has been caught in the global emerging markets slump that has punished countries suffering from widening current account deficits
Syria tensions weigh on markets 27 Aug 2013 | 02:35 pm
Stocks struggle to rise under weight of last-hour losses on Wall Street and reports US is making preparations should it decide to intervene in Syria
Middle-east concerns hit EM currencies 27 Aug 2013 | 01:30 pm
Concerns over US intervention in Syria badly hit emerging market currencies, but dollar and yen provide haven support as investors flee risky positions
Technical Analysis for Major Currencies 27 Aug 2013 | 01:13 pm
The pair failed to stabilize above Linear Regression Indicator 34 and 55 yesterday which might trigger some bearish correction to test levels around 1.3315 and perhaps 1.3270 in attempt to gain a new ...
Technical Analysis for Crosses 27 Aug 2013 | 01:13 pm
The GBP/JPY pair trading was negative on Monday and broke the bullish channel's support. However, it found a strong support at 152.85 which the Moving Average 50 backs therefore, we need to stand asid...
Morning Forex Technical 27 Aug 2013 | 01:00 pm
Pair started the week in a clam fashion, but is giving clearer bearish directional signal and has dipped below the weekly PP. Although technical indicators give bullish outlooks we should pay attentio...