Currencies

  • US Dollar Flat, US Treasuries Off

    US Dollar Flat, US Treasuries Off

    US Dollar Flat, US Treasuries Off 10-Yr: -05/32..2.642%.. USD/JPY: 102.25.. EUR/USD: 1.3820 Afternoon Update US Treasuries  2y Unch at 99 31/32 3y -02/32 at 100 00/32 5y -05/32 at 99 27/32 7y -06/32 at 100 08/32 10y -05/32 at 100 27/32 30y -05/32 @ 102 27/32   US DollarIndex (.DXY) EUR/USD +10 pips at 1.3820 GBP/USD +65 pips at 1.6790 ...
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  • Chinese FX Reserves near record

    Chinese FX Reserves near record

    Chinese FX Reserves near record. Lee Hardman, FX Analyst at the Bank of Tokyo Mitsubishi UFJ, observes the Chinese foreign exchange reserves remain on the raise. Official data released on Tuesday showed China’s FX reserves jumped $129bn in the first three months of the year, to hit an all-time high of $3.95tn.  The ramp up in reserves ...
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  • USD/INR Technical Update

    USD/INR Technical Update

    USDINR saw a good pull back yesterday due to the dollar buying by Foreign Institutional Investors both in the equity and the debt segments of the Indian Capital markets. The USD has formed a very good support at the 60.589, only breaking this level would lead to a fall in the currency in the near ...
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  • USD/JPY Technical Update

    USD/JPY Technical Update

    The currency pair continues to maintain its strong upward momentum, the USD managed to stay in the green and close at 101.907 levels. The greenback got support by the positive inflation index numbers that came in on Tuesday and selling pressure on the Yen. The momentum indicators on the 30 minute chart continued to scale ...
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  • GBP/USD Technical Update

    GBP/USD Technical Update

    The GBP remained stable against the U.S. dollar; both the currencies had strong support as a result of strong inflation index numbers that came in on Tuesday. The GBP ended marginally lower at 1.67280. The momentum indicators on the 30 minute charts saw an upside during its intraday session, the momentum indicator remained flat during ...
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  • AUD/USD Technical Update

    AUD/USD Technical Update

    The Australian dollar saw a drop against the American counterpart on strong U.S. inflation index reports. The greenback got strong support as a result of positive reports about the U.S. economy. The Australian dollar closed below the critical support level of 0.94 at 0.93607. The currency pair saw a drop in its early session after ...
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  • EUR/USD Technical Update

    EUR/USD Technical Update

    The Euro continued to show weakness against the American counterpart, the greenback made some gains against the Euro after better than inflation rates came in. The currency pair traded in a very neutral manner, the currency pair saw some downward bias during the mid day sessions. Though Euro traded weak against the U.S. dollar, it ...
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  • US Treasury Does Not Name China A Currency Manipulator

    US Treasury Does Not Name China A Currency Manipulator

    US Treasury Does Not Name China A Currency Manipulator The US Treasury Department said Tuesday that China cannot be ruled as a currency manipulator, but said the pace of RMB's appreciation has been insufficient. "China's currency (RMB) appreciated on a trade-weighted basis in 2013 but not as fast or by as much as is needed," ...
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  • Currencies: .DXY Held The High End of 79

    Currencies: .DXY Held The High End of 79

    Currencies: .DXY Held The High End of 79 10-Yr: +6/32..2.627%.. USD/JPY: 101.84.. EUR/USD: 1.3813 The US Dollar Index (.DXY) traded at the high end of the 79 area to mount a re-test of the Key mark. Economic data Tuesday was mixed for the .DXY as CPI came in a bit higher than expected. The first look at Housing and Manufacturing data for ...
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  • AUD/USD slumps to 5-day low

    AUD/USD slumps to 5-day low

    AUD/USD slumps to 5-day lows The AUD/USD slumped to a 5-day low at the beginning of the American session, weighed by the slump in gold prices The AUD/USD came under renewed pressure during the New York session and accelerated losses on the break of the 0.9380 support area, falling to a low of 0.9344 in ...
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  • European Parliament approved the Single Resolution Mechanism for the Banking Union bill

    European Parliament approved the Single Resolution Mechanism for the Banking Union bill

    European Parliament approved the Single Resolution Mechanism for the Banking Union bill The European Parliament approved the Single Resolution Mechanism for the Banking Union bill today, a set of laws designed to restructure and resolve failing banks and to protect taxpayers from incurring costs of bailing out distressed financial institutions in the EU. "Today, the ...
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  • USD/JPY Daily Forecast

    USD/JPY Daily Forecast

    USD/JPY Daily Forecast According to Shayne Heffernan, senior economist of Live Trading News daily analysis, in case USD/JPY manages to breach the first resistance level at 102.15, it will probably continue up to test 102.44. In case the second key resistance is broken, the pair will probably attempt to advance to 102.74. If USD/JPY manages ...
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  • USD/INR Technical Update

    USD/INR Technical Update

    USDINR has taken very good support at 60.401 and is currently trading above its 100 day moving average and the 50 day moving average on the 4 hourly chart which is a bullish sign. The 50 day moving average for the currency pair is at 60.589 and the 100 day moving average 60.549. The currency ...
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  • USD/JPY Technical Update

    USD/JPY Technical Update

    The U.S. dollar continued with its upward trend against the Japanese counterpart after positive retail sales data from the U.S. This hinted at recovering U.S. economy which gave a boost for the U.S. dollar. The currency pair made a high of 102.009 and consolidated at 101.842. The momentum indicators saw an upward turn during the ...
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  • GBP/USD Technical Update

    GBP/USD Technical Update

    The GBP remained flat on Friday and posted some gains after remaining weak against the U.S. dollar for the last couple of days. The GBP otherwise traded flat against the U.S. dollar, The GBP remained strong against the U.S. dollar ahead of fundamental developments anticipated next week which may boost the U.K. economic recovery. According ...
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  • AUD/USD Technical Update

    AUD/USD Technical Update

    The Australian dollar remained flat on Friday’s trading session, despite strong U.S. sales report. The Australian dollar managed to make some gains against the Greenback. The currency pair is trading in a narrow zone. Strong U.S. dollar and awaited reports from the RBA has made the currency pair trade on the sidelines, with no visible ...
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  • EUR/USD Technical Update

    EUR/USD Technical Update

    The Euro remained weak against its American counterpart after, reports stating Positive U.S. retail sales data came out, this reports boosted the sentiment about recovery in the U.S. markets. The currency pair remained weak throughout its intraday session and saw and did not show any signs of recovery, the currency pair took support around 1.38 ...
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  • Karpeles Says No To US FinCEN Subpoena On Mt. Gox Bankruptcy

    Karpeles Says No To US FinCEN Subpoena On Mt. Gox Bankruptcy

    Karpeles Says No To US FinCEN Subpoena On Mt. Gox Bankruptcy Mark Karpeles, founder of Mt. Gox, said he will not go to the United States to answer questions about the Japanese Bitcoin exchange's US bankruptcy case, Mt. Gox lawyers told a federal judge Monday. In the court filing, Mt. Gox lawyers cited a subpoena from the ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily Alerts $OIL, $GLD, $EURUSD, $GBPUSD, $USDCAD, $USDJPY, $AUDUSD, $USDCHF FX highlights, the dollar held steady after the solid U.S. retail sales data. The euro remained under pressure on weekend comments from European Central Bank officials, including ECB President Mario Draghi, who rekindled speculation about more easing in the euro zone. The dollar stood ...
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  • Fed's Indite NY Bitcoin Promoter For Money Laundering

    Fed’s Indite NY Bitcoin Promoter For Money Laundering

    Fed's Indite NY Bitcoin Promoter For Money Laundering Bitcoin entrepreneur Charlie Shrem, 24 anni, has been indicted by a federal grand jury in New York on charges of delivering cash to the illicit online marketplace Silk Road. Mr. Shrem, known as 1 of Bitcoin's most visible promoters, is accused of conspiring with a Florida man, ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down 10-Yr: -08/32..2.646%.. USD/JPY: 101.85.. EUR/USD: 1.3825 Afternoon Update US Treasuries 2y Unch @ 99 31/32 3y -03/32 @ 100 03/32 5y -06/32 @ 100 01/32 7y -06/32 @ 100 12/32 10y -08/32 @ 100 27/32 30y -03/32 @ 102 15/32 US Dollar (DXY) EUR/USD -60 pips at 1.3825 GBP/USD +10 pips at 1.6740 USD/JPY +25 ...
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  • Thailand Recession Possible, Baht May Move Lower

    Thailand Recession Possible, Baht May Move Lower

    Thailand Recession Possible, Baht May Move Lower Baht may see 40 to 1 USD. The Royal Bank of Thailand has cut the benchmark interest rate by 25 basis points to 2.0 percent, the lowest since December 2010 and expects the economy to shrink. If that trend continues for another quarter, Thailand would be in recession ...
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  • HEFFX Daily FX Charts and Alerts

    HEFFX Daily FX Charts and Alerts

    HEFFX Daily FX Charts and Alerts The crisis in Ukraine has brought relations between Russia and the West to their worst since the end of the Cold War in 1991, and also risks unleashing a "gas war" which could disrupt energy supplies across Europe. Ukraine said on Saturday it would stop paying for Russian gas ...
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  • HEFFX USD/JPY Technical Update

    HEFFX USD/JPY Technical Update

    HEFFX USD/JPY Technical Update The U.S. dollar made some recovery after an upbeat U.S. consumer data, and the Bank of Japan held back from implementing new stimulus at its latest Economic Policy meeting. The currency pair though did not show much momentum on the either side and a neutral bias could be seen on the ...
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  • HEFFX USD/INR Shows Strength

    HEFFX USD/INR Shows Strength

    HEFFX USD/INR Shows Strength USDINR has been showing strength in the last couple of trading sessions. The currency pair has broken out of the resistance area at 60.765 that had become the point from where it had retraced the last few times it tested the zone. USDINR has formed a very good support at 60.677 ...
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  • HEFFX EUR/USD Technical Update

    HEFFX EUR/USD Technical Update

    HEFFX EUR/USD Technical Update The currency pair of Euro and USD lost some of its gains on the last trading day of the week after positive U.S. data, but kept the momentum to close above 1.38 levels. The currency pair traded in a very narrow range and saw very less momentum on either side. The ...
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  • HEFFX GBP/USD Remains Weak

    HEFFX GBP/USD Remains Weak

    HEFFX GBP/USD Remains Weak The GBP continued to stay weak against its U.S. counterpart after positive U.S. economic data. The currency pair lost 0.31% to close at 1.67291. The currency pair closed below its 100 day moving average which stands at 1.67376 and did not see any uptrend in its Friday’s trading sessions. The momentum ...
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  • HEFFX AUD/USD Technical Update

    HEFFX AUD/USD Technical Update

    HEFFX AUD/USD Technical Update The Australian dollar slid against the greenback after positive reports about the U.S. economy. The Australian dollar breached the 0.94 level to close at 0.93927. The currency pair seems to have lost the upward momentum after the traders preferred the American counterpart as a result of better than expected Consumer Sentiment ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts The dollar index steadied, rising about 0.2 percent to 79.606, although April 4's seven-week high of 80.599 remained a distant memory after the greenback's battering last week as U.S. stocks tumbled. The dollar got some help against the euro from European Central Bank officials, whose comments rekindled speculation about more easing ...
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  • ECB Warns Investors Of More Stimulus Ahead

    ECB Warns Investors Of More Stimulus Ahead

    ECB Warns Investors Of More Stimulus Ahead Monday, the European Central Bank (ECB) warned Bullish players in the Euro, say that it will be forced to ease monetary policy further if the currency keeps rising. ECB President Marion Draghi signaled he is unhappy with the direction of the single currency, when Saturday told a news conference ...
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  • EURUSD Remains Overvalued

    EURUSD Remains Overvalued

    EURUSD Remains Overvalued HEFFX Data Stochastic Analysis: Stochastic Analysis 88.38 Overbought Support/Resistance Type Value Conf. resist. 1.39 2 supp 1.38 15 US Secretary of Treasury Jack Lew reiterated Friday that although the euro area economy has started to expand, there remains to be concerns by inflation rates "consistently below target and weak demand." In a ...
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  • Singapore Dollar, Stocks Week Ahead

    Singapore Dollar, Stocks Week Ahead

    Singapore Dollar, Stocks Week Ahead Singapore Dollar CandleStick Analysis Date Candle Apr-08-2014 Bearish Engulfing Singapore's economy expanded by 5.5 percent in the fourth quarter of last year, which was higher than the median forecast of 4.7 percent in the survey of last December. The city-state's authorities have maintained its forecast for the whole year growth ...
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  • Foreign Exchange Rates In Hong Kong

    Foreign Exchange Rates In Hong Kong

    Foreign Exchange Rates In Hong Kong The following are the foreign exchange rates against the Hong Kong dollar released by the Bank of China (Hong Kong) Limited on Saturday: Currency ----------------------Buying  - Selling Japanese Yen (JPY)               758.30  - 768.10 Swiss Franc (CHF)             ...
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  • James Rickards: US Dollar To Collapse

    James Rickards: US Dollar To Collapse

    James Rickards: US Dollar To Collapse Financial author James Rickards says that the outlook is not good for the US Dollar  aka Greenback, and that is headed for collapse. "Deflation is the biggest problem in the world. The world wants to deflate," said Mr. Rickards,  author of "The Death of Money: The Coming Collapse of ...
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  • US Dollar Flat, US Treasuries Up

    US Dollar Flat, US Treasuries Up

    US Dollar Flat, US Treasuries Up 10-Yr: +08/32..2.626%.. USD/JPY: 101.60.. EUR/USD: 1.3895 Afternoon Update US Treasuries 2y Unch at 100 01/32 3y +01/32 at 100 06/32 5y +03/32 at 100 07/32 7y +05/32 at 100 18/32 10y +08/32 at 101 01/32 30y +14/32 at 102 09/32 US Dollar (DXY) EUR/USD +10 pips at 1.3895 GBP/USD -45 pips at 1.6735 USD/JPY ...
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  • EUR/USD Technical Update

    EUR/USD Technical Update

    The EURUSD pair has continued with its bullish trend after the FOMC minutes that were released yesterday indicated that key interest rates would remain low for the foreseeable future. The dollar remained weak against all major currencies on Thursday. The currency pair rose to a high of 1.38890 on the Hourly charts and gave up ...
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  • HEFFX USD/INR Technical Update

    HEFFX USD/INR Technical Update

    The USD INR currency pair is currently trading above its 8 day moving average at 60.519 and also its 20 day moving average at 60.564 respectively. We believe that the USD currently has been witnessing a pull back rally from the lows of 59.90 in the past few weeks. The currency pair has broken out ...
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  • USD/JPY Technical Update

    USD/JPY Technical Update

    The U.S. dollar continued its downtrend against the Japanese counterpart after the minutes of The Federal Reserve’s March meeting stated authorities vote against an increase in the key U.S. interest rates. The U.S. dollar traded weaker against the Japanese Yen.  The currency continues to show weakness and showing no signs of an immediate recovery from ...
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  • GBP/USD Technical Update

    GBP/USD Technical Update

    The GBP lost some of its gains against the U.S. dollar after a intraday high of 1.68201; this loss came after a positive U.S. jobless claim data. The currency pair did not show much weakness and closed just shy of1.68 levels at 1.  The momentum indicators on the 4 hourly charts are still on the ...
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  • AUD/USD Technical Update

    AUD/USD Technical Update

    The currency pair continued with its upward trend and rose to a four and half month high. The AUD made a high of 0.94160 against its counterpart on Thursday.  The surge in the AUD came after a strong employment data from Australia The currency pair showed strong uptrend in its intraday sessions and closed a ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts With stocks out of favor, government bonds were set to benefit and yields on the benchmark 10-year U.S. Treasury note fell to their lowest since February 27 at 2.62 percent. They were last at 2.656 percent in Asia. The dollar recouped a little lost ground on the yen to 101.77, though ...
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  • FX News: Leading Forex Expo Starts on April 25

    FX News: Leading Forex Expo Starts on April 25

    FX News: Leading Forex Expo Starts on April 25 The leading Forex Expo is about to begin in Russia, this is the Expo where business gets done! Register Now 16th International Exhibition MOSCOW FOREX EXPO 2014 Date: April 25–26, 2014 Venue: Radisson Slavyanskaya Hotel Address: Moscow, Europe sq. 2 FREE ADMISSION The industry’s largest tradeshow ...
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  • IMF Lowers Global Growth Outlook

    IMF Lowers Global Growth Outlook

    IMF Lowers Global Growth Outlook The IMF slightly lowered its projection of world economic growth to 3.6 percent for this year, and 3.9 percent for next year. The IMF is concerned about an extended period of low inflation in advanced economies in general, particularly in the euro area, Lagarde said, reiterating that the euro area ...
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  • FX News: FX Scandal Hits Deutsche Bank

    FX News: FX Scandal Hits Deutsche Bank

    Deutsche Bank, Germany's biggest lender, has suspended a top saleswoman in an investigation into suspected foreign exchange rate manipulation, the Wall Street Journal reported. The newspaper said that the director of sales at Deutsche Bank in London was placed on leave last month after the German bank found what it regarded to be inappropriate communication ...
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  • USDCNY HEFFX Research Update

    USDCNY HEFFX Research Update

    USDCNY HEFFX Research Update Recent CandleStick Analysis Very Bearish Date Candle Apr-10-2014 Hammer Apr-08-2014 Bearish Engulfing Apr-07-2014 DOJI Food Prices Continue to Rise in China China's inflation rate accelerated to 2.4 percent year-on-year in March, the government said Friday, driven by higher food prices. The increase in the consumer price index (CPI) announced by the ...
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  • FX News: The Forex Championship is On

    FX News: The Forex Championship is On

    FX News: The Forex Championship is On The Forex Championship is the largest and oldest FX competition. September 2nd marked the start of our 6th annual Championship season. The 2012/2013 season had a great success with over EUR 1,6 million in prizes distributed to over 6'500 players from over 160 countries. The Prizes The Forex ...
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  • US Dollar (DXY)  Posts Lowest Mark In 3 Wks

    US Dollar (DXY) Posts Lowest Mark In 3 Wks

    US Dollar (DXY) Posts Lowest Mark In 3 Wks 10-Yr: +14/32..2.637%.. USD/JPY: 101.50.. EUR/USD: 1.3889 The US Dollar Index 9.DXY) held small losses near 79.40. Thursday's selling has DXY lower for a 5th session running as trade probed the March lows. EUR/USD is +30 pips at 1.3885 as buyers were in control for a 4th session running. Action shrugged off the risk-off environment, ...
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  • AUD/USD Technical Update

    AUD/USD Technical Update

    The currency pair continued its uptrend and comfortably trading above 0.93 levels. The AUD made a high of 0.93989 against the USD on its Wednesday’s trading session.  The spike for the currency pair came after better than anticipated Jobs Data. The currency pair is comfortably trading above its 100 DMA and 50 DMA which stand ...
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  • EUR/USD Technical Update

    EUR/USD Technical Update

    The currency pair is continuing with its bullish trend and as the investors preferred EURO against the dollar ahead of the Federal Reserve’s March policy. The dollar looked soft in Wednesdays trading sessions. The currency pair made a high of 1.38704 on the 4 Hourly charts and is retracing from the 4 intraday high. The ...
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  • GBP/USD Technical Update

    GBP/USD Technical Update

    The GBP surged on Wednesday to a high of 1.68 turning the trend upward on the 4 hourly chart. The currency pair went up to its 8 week high, the currency pair comfortably maintaining  upside above its 100 DMA and 50 DMA which stand at 1.66001 and 1.66511 respectively. The momentum indicators on the 4 ...
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  • USD/JPY Technical Update

    USD/JPY Technical Update

    The currency pair is currently trading below its 100 DMA and the 50 DMA which stand 102.661 and 103.100 respectively. The currency pair is trading in a narrow range and it lost some of its previous gains on its Wednesday’s trading sessions.  The currency pair has further weakened and is on a bearish trend. The ...
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  • USD/INR Technical Update

    USD/INR Technical Update

    The USD INR  currency pair is currently trading above its 8 day and 20 day moving averages at 60.450 and 60.554 respectively. We believe that the USD has the potential of moving up against the Indian rupee in the very short term. It has formed a very good support at the 60.236 level and has ...
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  • HEFFX FX Alerts, Charts, Technicals

    HEFFX FX Alerts, Charts, Technicals

    HEFFX FX Alerts, Charts, Technicals The U.S. Federal Reserve's drive to wean Wall Street off risky funding sources is expected to bring more financial pain to the biggest U.S. banks in the coming months, analysts warned on Wednesday. They said bank regulators' release this week of tough new limits on debt funding is just a ...
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  • US Dollar Index (.DXY) Pressured Following March FOMC Minutes

    US Dollar Index (.DXY) Pressured Following March FOMC Minutes

    US Dollar Index (.DXY) Pressured Following March FOMC Minutes The US Dollar Index (.DXY) fell to session lows near 79.55 following the release of the March FOMC minutes. Those minutes indicated the US central bank continues to see inflation risk tilted to the Southside and that the Winter weather was responsible for the slowdown in economic ...
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  • Dubai to Saudi Arabia Trade Boom

    Dubai to Saudi Arabia Trade Boom

    Dubai to Saudi Arabia Trade Boom Saudi Arabia is a growing export market for many countries, Dubai has been fast to cash in on this rapidly expanding economy according to HEFFX research. Exports from Dubai to Saudi Arabia exceeded $2 billion USD in March 2014 according to local data. Dubai's total exports hit $6 billion ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts Spot bullion traded at $1,312.64 an ounce, not far off Tuesday's session high of $1,314.43. The fresh unrest in eastern Ukraine also provided some support for oil by fuelling fears that tensions between Moscow and Western powers may disrupt supply from Russia, one of the world's top oil exporters. Brent stood ...
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  • Holder On The Hill, DOJ Wary Of Bitcoin

    Holder On The Hill, DOJ Wary Of Bitcoin

    Holder On The Hill, DOJ Wary Of Bitcoin The DOJ  will have to be creative in order to make sure criminals don't use virtual currencies such as Bitcoin to secretly move funds, US Attorney General Eric Holder said Tuesday. The scrutiny at the highest levels of the DOJ comes at a time when investors have flocked ...
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  • US Dollar Falls To 3 Wk Lows

    US Dollar Falls To 3 Wk Lows

    US Dollar Falls To 3 Wk Lows 10-Yr: +07/32..2.677%.. USD/JPY: 101.66.. EUR/USD: 1.3798 The US Dollar Index (.DXY) drifts to session lows near 79.80. Tuesday's weakness pushed DXY to its worst mark in 3 wks, and saw trade lower for a 3rd  session running. EUR/USD is +55 pips at 1.3795 as buyers were in control for a 2nd day running. The Euro's ...
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  • HEFFX Technical Update On AUD/USD and USD/JPY

    HEFFX Technical Update On AUD/USD and USD/JPY

    HEFFX Technical Update On AUD/USD and USD/JPY The currency pair AUD/USD opened around the same level as its previous close which was at 0.92790 and traded a little weaker on Monday. The Currency pair made a high of 0.092950 and kept at those levels and closed at 0.92692, clearly showing the loss in momentum in ...
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  • HEFFX EUR/USD And GBP/USD Technical Update

    HEFFX EUR/USD And GBP/USD Technical Update

    The Euro firmed up against the U.S. dollar ahead of the awaited Federal Reserve’s March Policy. The currency pair opened around its previous close and kept an upward trend on its intraday trading session. The currency pair closed above its 50 DMA, on an upward movement from the current level the currency pair may get ...
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  • Philippines Peso and Economic Outlook

    Philippines Peso and Economic Outlook

    Philippines Peso and Economic Outlook The Philippine economy’s growth is expected to slow down by six-tenths of a percent this year as damage to key provinces caused by super typhoon “Yolanda” (international name: Haiyan) late in 2013 weighs on business activity and consumer demand. In a report published Monday morning Manila time, the World Bank ...
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  • Indonesian Rupiah and Economic Outlook

    Indonesian Rupiah and Economic Outlook

    Indonesian Rupiah and Economic Outlook Bank Central Asia, Indonesia’s most valuable lender, expects flat lending growth in the first quarter this year. Jahja Setiaatmadja, president director of BCA, said lending growth in the first quarter would be significantly reduced, especially in mortgages and vehicle loans. He said applications for mortgage loans had gone down by ...
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  • HEFFX Daily FX Alerts and Charts

    HEFFX Daily FX Alerts and Charts

    HEFFX Daily Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF In commodity markets, gold was up about 0.3 percent from the previous session at $1,300.71 an ounce. U.S. crude for May gained about 0.5 percent to $100.90 a barrel, pushed up by the renewed tensions over Ukraine, a major supply route for Russian gas ...
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  • US Dollar Down, US Treasuries Up

    US Dollar Down, US Treasuries Up

    US Dollar Down, US Treasuries Up 10-Yr: +08/32..2.691%.. USD/JPY: 103.10.. EUR/USD: 1.3735 Afternoon Update US Treasuries 2y unch at 99 30/32 3y +02/32 at 99 23/32 5y +04/32 at 99 24/32 7y +03/32 at 99 29/32 10y +08/32 at 100 15/32 30y +17/32 at 101 07/32 US Dollar (DXY) EUR/USD +30 pips at 1.3735 GBP/USD +30 pips at 1.6605 USD/JPY -20 ...
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  • AUD/USD drifts lower

    AUD/USD drifts lower

    AUD/USD drifts lower After repeated failure to take the 0.9300 level, the AUD/USD turned south and accelerated losses to fresh daily lows, extending correction from post-NFP highs. The AUD/USD broke below 0.9270 and slid to a low of 0.9253 before finding support at the beginning of the New York session. At time of writing, the ...
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  • EUR/USD stalling at around 1.3720

    EUR/USD stalling at around 1.3720

    EUR/USD stalling at around 1.3720 After hitting fresh 2-day highs near 1.3740, the EUR/USD is now easing to the area of 1.3725/20. The Eurozone continues to struggle with weak inflation and a high euro, so there has been pressure on the ECB for some time now to take action. However, on Thursday the ECB opted ...
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  • EUR/USD And GBP/USD Technical Update

    EUR/USD And GBP/USD Technical Update

    The EURUSD currency pair price went down a significant amount  during  the intraday trade, the currency pair opened below its 50 day moving average of 1..37342 and went below its 100 day moving average of 1.36833, though recovered and close at 1.37006. Note that the currency broke its trend line support as well as the ...
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  • AUD/USD And USD/JPY Technical Update

    AUD/USD And USD/JPY Technical Update

    The currency pair gained a good amount on Friday; The AUD opened above its previous close on Friday and went to a five month high against the US dollar. The AUD made a high of 0.93071 in its intraday session and closed near it at 0.92891 levels.  The traders can expect the currency pair to ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF Profit-taking on high-flying momentum stocks had hit the Nasdaq hard on Friday and dragged the Dow and S&P off historic highs. The Nasdaq shed 2.6 percent .IXIC in its biggest daily loss since February, while the .DJI fell 0.96 percent and the S&P ...
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  • China's RMB (Yuan) To See Moderate Appreciation

    China’s RMB (Yuan) To See Moderate Appreciation

    China's RMB (Yuan) To See Moderate Appreciation Despite depreciation in Q-1, the Chinese Yuan is expected to appreciate moderately Vs the USD in coming months. The Yuan, or Renminbi (RMB), should "appreciate moderately" in next 6 to 12 months, said Zhou Hongli, analyst with Development Bank of Singapore. The Yuan retreated more than 2.6% Vs ...
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  • Dollar Probed 80.50 Resistance On NFPs Miss

    Dollar Probed 80.50 Resistance On NFPs Miss

    Dollar Probed 80.50 Resistance On NFPs Miss The Dollar Index (DXY) hung little changed near 80.45 as an uneventful session. Friday's action saw the Index stuck in a 20 cent range at 80.35-80.55, as trade testes resistance in the 80.50 area following the NFP miss. EUR/USD is -20 pips at 1.3695 as trade slips for a 3rd session ...
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  • GBP/USD Technical Analysis

    GBP/USD Technical Analysis

    The GBPUSD is currently trading near its 50 day moving average at 1.65798. and above its 100 day moving average of 1.64719. The GBPUSD is taking support at the 50 day moving average level which is at 1.65798 and has faced strong resistance at 1.66712 level. The momentum indicators for the currency pair are indicate ...
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  • AUD/USD HEFFX Technical Analysis

    AUD/USD HEFFX Technical Analysis

    The AUDUSD currency pair is taking strong support at the trendline base that it has been broken out when it has tested the upper level of resistance at 0.90100. Only a break below or close below this level would open up a further downside on the currency pair. The currency pair on the short term ...
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  • USD/JPY HEFFX Technical Analysis

    USD/JPY HEFFX Technical Analysis

    The USDJPY is currently trading above its 100 day moving average and also above its 50 day moving average both currently placed at JPY 102.769 and JPY 102.380. The USDJPY has shown a consistent upward trend and is maintaining the upward movement with strong support around 103.5 levels The momentum indicators for the currency pair ...
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  • EUR/USD- HEFFX Technical Analysis

    EUR/USD- HEFFX Technical Analysis

    The EURUSD is currently trading below its 50 day moving average and also above its 100 day moving average both currently placed at 1.37345 and 1.36834 The EURUSD has broken down from a strong trend line support which was at present at 1.37125 and is currently trading below that. The momentum indicators for the currency ...
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  • US Dollar Up, Treasuries Up

    US Dollar Up, Treasuries Up

    US Dollar Up, Treasuries Up 10-Yr: +06/32..2.780%.. USD/JPY: 103.90.. EUR/USD: 1.3710 Afternoon Update 2y Unch at 99 26/32 3y Unch at 99 16/32 5y +02/32 at  99 08/32 7y +04/32 at 99 08/32 10y +06/32 at  99 23/32 30y +19/32 at 100 04/32 US Dollar (.DXY) EUR/USD -55 pips at 1.3710 GBP/USD -45 pips at 1.6580 USD/JPY +5 pips at 103.90 ...
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  • USD/PHP USD/THB ASEAN Economic Outlook

    USD/PHP USD/THB ASEAN Economic Outlook

    Philippines Leading ASEAN The Philippine economy is seen to expand by 6.4 percent this year and 6.7 percent in 2015, the Asian Development Bank (ADB) said in its flagship annual economic publication titled 'Asian Development Outlook 2014. The multilateral financial institution said the country is expected to sustain its strong growth on the back of ...
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  • USD/JPY – HEFFX Technical Analysis

    USD/JPY – HEFFX Technical Analysis

    The USDJPY is currently trading above its 20 day moving average and also above its 13 day moving average both currently placed at JPY 103.812 and JPY 103.861. The USDJPY is firmly trading above its 20 and 13 day moving averages and taking support at 103.720 levels. The momentum indicators for the currency pair are ...
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  • EUR/USD- HEFFX Technical Analysis

    EUR/USD- HEFFX Technical Analysis

    The EURUSD is currently trading below its 20 day moving average and also below its 13 day moving average both currently placed at 1.37715 and 1.37815. The EURUSD has broken down from a strong trend line support which was at present at 1.37650 and is currently trading below that. The momentum indicators for the currency ...
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  • GBP/USD – Technical Analysis

    GBP/USD – Technical Analysis

    The GBPUSD is currently trading near its 20 day moving average at 1.66453. and above its 13 day moving average of 1.66347. The GBPUSD is taking support at the 13 day moving average level which is at 1.66347 and showing some resistance at 1..66479 level. The momentum indicators for the currency pair are indicating weakness ...
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  • HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Daily Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF In China, the official services Purchasing Managers' Index (PMI) dipped to 54.5 from February's 55.0, but still held well above the 50 level that divides expansion and contraction. The Markit/HSBC Services PMI rose to 51.9 in March from February's 51.0. Markit/HSBC manufacturing PMI showed ...
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  • US Dollar Up,  US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up,  US Treasuries Down 10-Yr: -14/32..2.803%.. USD/JPY: 103.77.. EUR/USD: 1.3761 Afternoon Update 2y -02/32 at 99 26/32 3y -03/32 at 99 15/32 5y -09/32 at 99 06/32 7y -13/32 at 99 04/32 10y -14/32 at 99 16/32 30y -25/32 at 99 18/32 US Dollar (DXY) EUR/USD -30 pips at 1.3760 GBP/USD unch at 1.6630 USD/JPY +10 pips at 103.75 ...
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  • HEFFX Alerts  Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF

    HEFFX Alerts Oil, Gold, EURUSD, GBPUSD, USDCAD, USDJPY, AUDUSD, USDCHF U.S. private employers added 191,000 workers in March, slightly below economists' expectations. Euro zone inflation slid to just 0.5 percent this month, leading investors to speculate the ECB will soon loosen policy. Messages from policymakers have been mixed, though. On Tuesday, ECB Vice President Vitor ...
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  • HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts

    HEFFX Daily FX Alerts Oil, Gold, EURUSD, GBPUSD, USDCASD, USDJPY, AUDUSD, USDCHF Trading was still cautious ahead of Thursday's meeting of the European Central Bank and Friday's U.S. jobs numbers, both of which could move markets in major ways. Manufacturing in Asia and Europe finished the first quarter on a weaker note but activity in ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down 10-Yr: -10/32..2.754%.. USD/JPY: 103.50.. EUR/USD: 1.3800 Afternoon Updat US Treasuries 2y unch ar 99 28/32 3y -01/32 at 99 19/32 5y -02/32 at 99 14/32 7y -05/32 at  99 16/32 10y -10/32 at 99 29/32 30y -25/32 at 100 12/32 US Dollar (.DXY) EUR/USD +25 pips at 1.3800 GBP/USD -20 pips at 1.6645 USD/JPY +30 ...
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  • EURUSD Faces Challenges as Budgets Blowout

    EURUSD Faces Challenges as Budgets Blowout

    EURUSD Faces Challenges as Budgets Blowout Euro zone officials urged France's incoming government to stick to reform pledges, and Greece to capitalize on its painful austerity measures. The call to Paris came as French President Francois Hollande hinted that France would seek leniency from the EU Commission for overshooting its public deficit target, as he ...
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  • HEFFX GBP/USD -Technical Update

    HEFFX GBP/USD -Technical Update

    HEFFX GBP/USD -Technical Update The GBP/USD on the hourly charts is trading near its 10 day SMA and has been finding support there since the morning hours. It was a very lackluster trading day for te Pound since morning and we might see decisive moves only in the latter half of the day. The all ...
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  • HEFFX EUR/USD-Technical Update

    HEFFX EUR/USD-Technical Update

    HEFFX EUR/USD-Technical Update Hourly Observations for the EURUSD 10 day moving average:  1.3774 20 Day moving average:  1.37765 The EURUSD currency pair is currently trading below its 20 day moving average and is trying to find support at the 10 day moving average. There have been very thin volumes traded on this currency pair since ...
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  • HEFFX Technical Update On AUD/USD

    HEFFX Technical Update On AUD/USD

    HEFFX Technical Update On AUD/USD On analyzing the four hour charts of AUD/USD currency pair, the overall trend seems to be up. The currency pair has been forming higher highs and higher lows. The currency pair had broken out of an ascending triangle a few days ago and has been on an uptrend since then. ...
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  • HEFFX Daily FX Alerts and Charts

    HEFFX Daily FX Alerts and Charts

    HEFFX Daily FX Alerts and Charts Asian shares hit a four-month high on Tuesday after dovish comments from Federal Reserve Chair Janet Yellen and China's official PMI survey showing the manufacturing sector managed to continue expanding in March. Manufacturing PMI surveys for Asia's third and fifth-largest economies India and Indonesia came in softer, with India's ...
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  • US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down

    US Dollar Down, US Treasuries Down 10-Yr: -03/32..2.736%.. USD/JPY: 103.10.. EUR/USD: 1.3775 Afternoon Update 2y +01/32 at 99 27/32 3y +02/32 at 99 18/32 5y unch at 99 13/32 7y unch at 99 17/32 10y -03/32 at 100 03/32 30y -11/32 at 101 02/32   US Dollar (.DXY) EUR/USD +30 pips at 1.3775 GBP/USD +40 pips at 1.6675 USD/JPY +30 pips ...
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  • USD/JPY- Technical Update

    USD/JPY- Technical Update

    The overall daily trend for USD/JPY seems to be up. The currency pair seems to be forming an ascending triangle. A break above 103.414 will give a target of around 106. The RSI is at 57 and moving up, which is a strong bullish sign. The long term trend would resume only once it closes ...
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  • GBP/USD Technical Update

    GBP/USD Technical Update

    The overall trend for GBP/USD seems to be up. The currency pair has been making higher highs and higher lows on the daily chart. The currency pair is also trading above all its important moving averages. The currency pair also seems to have broken out of a descending triangle which is a bullish sign. Longs ...
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  • EUR/USD- Technical Update

    EUR/USD- Technical Update

    The currency pair of EUR/USD seems to have made a bullish reversal as per the daily charts. The currency pair had made a green long legged doji in the lower end of the Bollinger band which is a strong bullish sign. Longs can be attempted with a stop loss slightly below 1.37017. Immediate resistance stands ...
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  • AUD/USD- Technical Update

    AUD/USD- Technical Update

    The overall daily trend for AUD/USD currency pair seems to be up. The currency pair had broken out of an inverted head and shoulder pattern a few days ago. At this point, a retest of the breakout level seems likely. So any dip towards the breakout point of 0.91328 is a good buying opportunity. However, ...
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  • HEFFX Daily FX Charts and Alerts

    HEFFX Daily FX Charts and Alerts

    HEFFX Daily FX Charts and Alerts U.S. stock investors will take their cues this week from March jobs data and diplomacy to defuse East-West tensions over Russia's annexation of Ukraine's Crimea region. Yellen will speak in Chicago later on Monday and the focus is on whether she maintains her stance on rates, which the market ...
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  • Strong 'Aussie' Signals Healthy Economic Recovery

    Strong ‘Aussie’ Signals Healthy Economic Recovery

    Strong 'Aussie' Signals Healthy Economic Recovery C AUD, 'Aussie' Friday morning hit 92.72 US cents, its highest mark in 5 months and a level which makes exporters uncomfortable. Many importers and exporters believe that their ideal level for the Aussie is 85 to 90 US cents. When the Aussie rises over 92 cents, the competitiveness ...
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  • US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down

    US Dollar Up, US Treasuries Down 10-Yr: -11/32..2.722%.. USD/JPY: 102.90.. EUR/USD: 1.3750   Afternoon Update US Treasuries 2y unch at  99 26/32 3y-01/32 at 99 16/32 5y -04/32 at 99 13/32 7y -08/32 at 99 19/32 10y -11/32 at 100 06/32. 30y -17/32 @ 101 06/32 US Dollar (DXY) EUR/USD +10 pips at 1.3750 GBP/USD +30 pips at 1.6635 USD/JPY +70 ...
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  • HEFFX Daily FX Charts and Alerts

    HEFFX Daily FX Charts and Alerts

    HEFFX Daily FX Charts and Alerts Crude Oil (NYMEX) (May 14) Intraday: bullish bias above 100.45. Pivot: 100.45Our preference: Long positions above 100.45 with targets @ 102.2 & 103.25 in extension.Alternative scenario: Below 100.45 look for further downside with 99.4 & 98.3 as targets.Comment: the RSI is bullish and calls for further advance. Opinion published ...
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  • HEFFX AUD/USD- Technical Analysis

    HEFFX AUD/USD- Technical Analysis

    The weekly trend for AUD/USD pair seems to be up. There seems to be a double bottom forming on the weekly charts. However, within this double bottom, there is an inverted head and shoulders pattern which the currency pair broke out of this week. The neckline for double bottom is at 0.96821. A weekly close ...
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