Home / Author Archives: Forex Crunch (page 224)

Author Archives: Forex Crunch

Chinese exports rally – AUD/USD follows

China reported a very big rebound in exports:  11.5% against 2.5% expected and after a big fall of 25.4% in February. Also exports look much healthier with a fall of 7.6% instead of 10.2% predicted and 13.8% last time. The Chinese ...

Read More »

EUR/CZK: Tenacity

The most significant advantage of European Union membership is having access to an enormous free trade zone. One significant disadvantage is the incomplete Eurozone along with a collection of central banks, whose unilateral actions unintentionally affect each other. About 52% of Czech exports and about 50% of imports transact with Eurozone members. Over 15% of...

Read More »

Elliott Wave Analysis on S&P500 and GOLD

S&P500 Intraday chart, E-mini S&P500 is suggesting more downside in the short-term as the current swings suggest that wave B is a triangle. As such, we remain bearish for 2000/2012 area before the big corrective set-back can be...

Read More »

Positive mood ahead of important Chinese data

Commodity currencies are leading the charge in a positive sentiment that keeps EUR/USD in balance and the yen on the back foot, quite different than previous days. The next market mood depends a lot on Chinese trade data: these are figures that are hard to disguise. Watch out for the changes in ...

Read More »

EURUSD , GBPUSD , USDJPY and XAUUSD TA – April 12 2016

EURUSD Daily Analysis EURUSD (1.14): EURUSD remains trading flat near the 1.14 and 1.13 levels with no clear bias being established yet. However, the 4-hour Stochastics shows a potential bearish divergence taking shape which could see a correction ahead of a longer-term move to the upside. Below 1.13 support, the next...

Read More »

Market volatility rises

Currency markets are in what can only be described as a state of flux at the moment. Leaving aside the yen, which has risen for the past seven consecutive sessions, we’ve seen the dominant trends of the past few weeks partially reversed (or at least stalled), making the bigger directional movements far harder to call. ...

Read More »

UK inflation beats with 0.5% – GBP/USD rises

Better than expected inflation figures in Britain: headline inflation is up to 0.5% y/y with a monthly rise of 0.4%, both better than expected. In addition, core inflation is up to a level of 1.5%, and that’s already 0.2% better...

Read More »