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Apple Inc. set to continue the move up? – Technical Analysis

July 25, 2014 1:21 pm
Apple Inc. has been in a bull trend since mid-April. On April 23rd, companys earnings report regarding the first quarter of the year was released, outstripping market expectations. On April 24th the huge gap from the open of the trading session led to the acceleration of the uptrend. The latter was confirmed by the perfect […] Read more

Forex Market: USD/SGD daily forecast

July 25, 2014 7:12 am
During yesterday’s trading session USD/SGD traded within the range of 1.2370-1.2413 and closed at 1.2404, gaining 0.25% for the day. At 7:01 GMT today USD/SGD was gaining 0.06% for the day to trade at 1.2411. The pair touched a daily high at 1.2420 at 5:55 GMT. Fundamental view United States Durable goods orders in the […] Read more

Forex Market: USD/RUB daily forecast

July 25, 2014 6:21 am
During yesterday’s trading session USD/RUB traded within the range of 34.846-35.153 and closed at 35.089, gaining 0.67% for the day. At 6:11 GMT today USD/RUB was losing -0.05% for the day to trade at 35.079. The pair touched a daily low at 35.043 at 2:00 GMT. Fundamental view United States Durable goods orders in the […] Read more

Forex Market: EUR/SGD forecast for Monday

July 19, 2014 7:30 am
During Friday’s trading session EUR/SGD traded within the range of 1.6755-1.6818 and closed at 1.6787, losing 0.21% for the day and 0.59% on a weekly basis. Fundamental view Euro zone Annualized Producer Price Index (PPI) in Germany probably climbed to -0.7% in June, according to the median forecast by experts, from -0.8% in May. The […] Read more

Forex Market: USD/SGD forecast for Monday

July 12, 2014 7:06 am
During Friday’s trading session USD/SGD traded within the range of 1.2404-1.2430 and closed at 1.2410, losing 0.03% for the day and 0.39% on a weekly basis. Fundamental view Singapore Singaporean preliminary Gross Domestic Product (GDP) probably expanded 2.5% during the second quarter of the year compared to the first quarter, according to the median forecast […] Read more

UK Home Improvement Sector. B&Q, Argos and Homebase Sales.

July 10, 2014 1:25 pm
The 2008 economic crisis that has affected most of the worlds markets also had its impact on the Do­it­yourself (DIY) multiples market in the U.K. over the last six years. The overall economic and construction declined in the U.K. DIY market made the situation pretty unstable even for the market leaders. Currently, the DIY multiples […] Read more

Forex Market: EUR/NOK forecast for Monday

July 6, 2014 7:24 am
During Friday’s trading session EUR/NOK traded within the range of 8.3994-8.4579 and closed at 8.4153, losing 0.10% for the day. Fundamental view Euro zone German seasonally adjusted index of industrial production probably increased 0.2% in May compared to a month ago, following another 0.2% gain in April. The index reflects the change in overall inflation-adjusted […] Read more

Forex Market: EUR/CHF forecast for Monday

July 5, 2014 7:41 am
During Friday’s trading session EUR/CHF traded within the range of 1.2153-1.2163 and closed at 1.2159. Fundamental view Euro zone German seasonally adjusted index of industrial production probably increased 0.2% in May compared to a month ago, following another 0.2% gain in April. The index reflects the change in overall inflation-adjusted value of output in sectors […] Read more

Forex Market: USD/SGD and USD/HKD daily forecast

July 4, 2014 11:35 am
During yesterday’s trading session USD/SGD traded within the range of 1.2459-1.2495 and closed at 1.2472. At 11:08 GMT today USD/SGD was losing 0.09% for the day to trade at 1.2460. The pair touched a daily low at 1.2459 at 11:09 GMT. USD/HKD traded within the range of 7.7501-7.7512 and closed at 7.7504. At 11:10 GMT […] Read more

Forex Market: EUR/MXN daily forecast

July 4, 2014 8:53 am
During yesterday’s trading session EUR/MXN traded within the range of 17.6190-17.7780 and closed at 17.6360. At 8:46 GMT today EUR/MXN was gaining 0.04% for the day to trade at 17.6381. The pair touched a daily high at 17.6528 at 7:25 GMT. Fundamental view Mexico Consumer confidence in Mexico probably improved in June, with the corresponding […] Read more