Tag Archives: Gold

FX Daily

The geopolitical situation in Ukraine will probably be the main focus after deadlyclashes on Sunday in eastern Ukraine and the Ukrainian government’s announcementthat it will move troops into

Weekly Economic & Financial Commentary

U.S. Review Broad Gains, but Where Are the Skilled Workers? • There were broad improvements in the economic data this week,

EUR/USD short-term bullish momentum isdominate despite pause, after breaking out of itsshort-term declining channel and pushing abovenear term resistance. Monitor the resistance at1.3820 (see also 50% retracement).

FX Daily

The main release will be US consumer confidence for April from University ofMichigan. We expect it to be unchanged at 80.0.

Daily Technical Report

EUR/USD has further improved, breaking outof its short-term declining channel and pushingabove near term resistance. Monitor theresistance at 1.3820 (see also 50% retracement).

FX Daily

Another day with few releases of interest on the global scene. French industrialproduction is expected to rise moderately by 0.2% m/m in February underlining aslow French recovery.

Daily Technical Report

EUR/USD has improved, breaking out of itsshort-term declining channel. Monitor theresistance at 1.3820 (see also 50% retracement).Hourly supports now lie at 1.3734 (intraday low)and 1.3673. Another resistance can be found at1.3876.

FX Daily

Another quiet day on the global agenda. FOMC minutes tonight might beinteresting given the upward adjustment to the Fed rate projections at the Marchmeeting.

Daily Technical Report

EUR/USD is bouncing close to the key supportat 1.3643. Hourly resistances are given by 1.3753(02/04/2014 low) and the declining channel(around 1.3786). Hourly supports now lie at1.3694 (07/04/2014 low) and 1.3673.

FX Daily

There are no big market movers today. The UK releases industrial production forFebruary, which is expected to show a moderate rise of 0.3% m/m.

Daily Technical Report

EUR/USD is approaching the key support at1.3643 (see also the closest rising trendline),which could spur some short-term buyinginterest. Hourly resistances can now be found at1.3753 (02/04/2014 low) and 1.3820 (02/04/2014high).

FX Daily

A quiet start to a quiet week. German industrial production for February is the mainrelease today and is expected to rise 0.1% m/m following a strong increase of 0.8%m/m in January.