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Forex Market: EUR/AUD Technical Analysis

March 19, 2014 7:44 am
During yesterdays trading session EUR/AUD traded within the range of 1.5212-1.5370 and closed at 1.5256. At 7:32 GMT today EUR/AUD was gaining 0.06% for the day to trade at 1.5279. The pair touched a session high at 1.5293 at 2:20 GMT. According to Binary Tribunes daily analysis, in case EUR/AUD manages to breach the first […] Read more

Forex Market: EUR/GBP erases daily gains as German economic sentiment disappoints

March 18, 2014 10:40 am
The euro erased its daily gains against the British pound on trading Tuesday, following a report to show economic sentiment in Germany and the Euro zone decreased considerably more than initially projected in March. EUR/GBP fell from a session high at 0.8385, recorded at 8:01 GMT, also the pairs highest point since December 27th, to […] Read more

Forex Market: AUD/JPY loses ground on increased safe haven demand

March 18, 2014 9:25 am
Australian dollar fell from session highs against the Japanese yen on trading Tuesday, as Russian President Vladimir Putins support of Crimeas request to join the Russian Federation triggered demand for safe haven assets, such as the yen. Having touched a daily high at 92.81 at 0:31 GMT, AUD/JPY lost 0.45% to trade at 92.06 at […] Read more

Forex Market: EUR/JPY edges lower as Putin’s statement triggers safe-haven demand

March 18, 2014 9:25 am
The yen advanced against the euro on Tuesday, after Russian President Vladimir Putin said that he supported a request from Ukraine’s breakaway region of Crimea to join the Russian Federation, boosting demand for safer investments. EUR/JPY slid to a daily low of 141.03 at 08:24 GMT, after which the pair consolidated at 141.10, losing 0.4% […] Read more

Forex Market: USD/RUB gains ahead of FOMC meeting

March 18, 2014 8:46 am
The US dollar advanced against the Russian ruble on Tuesday, after better-than-expected US economic data backed the case for further stimulus cuts before the Federal Reserve starts a two-day meeting today. USD/RUB reached a session high at 36.535 at 7:00 GMT, after which consolidation followed at 36.503, rising 0.59% for the day. Support was likely […] Read more