We are very close to support levels which i mentioned earlier today, if you are looking for a trade on correction it can be a good moment.

Cable Update (GBPUSD)

we will be testing 1.20 in a few moments, US banks will not miss the chance to check this level while we have lower liquidity today.

EURUSD

Thanks guys for your comments, i was observing PLN for many months and this currency is treated as a proxy for many Central and Eastern European Currencies. I agree that it was mainly a speculation move during the end of the year, but as you can see ...

USDPLN instead of USDRUB?

Look at the chart first, before 10:30 CET pound was moving slowly down together with EURUSD (so it was mainly dollar move not GBP), after 10:30 it went down by 110 pips and it was mainly caused by weak PMI data.

Cable Update (GBPUSD)

It seems that market wants to test 1.20 level and check how many orders are placed there. Lower volatility period which we have now can be a good occasion to do so,

EURUSD

Weak PMI pushed GBPUSD to the new lows, from technical perspective support has been broken and trend should continue even to 1,5320.

Cable Update (GBPUSD)

From Germany

Oil and Natural Gas

There is a high probability that Euro will not be performing well against other major currencies. Greek problems will can take again a central stage this year. Additionally possibility of QE will be not supporting the Common Currency.

EURUSD

it looks that DAX is decoupling a bit with US500, some fundamental differences show up, mainly Greek problems and Russian crisis which can impact at some level also German economy.

SPX and DAX - CFDs are the place to be

Have you heard the King of Saudi Arabia was taken to hospital for medical treatment. Local Stock Exchange reacted nervously after this news.

Oil and Natural Gas

stay short if you have deep pockets, there can be some swing moves up, but Greek problems and possibility of QE in 2nd quarter are important factors to weaken Euro.

EURUSD

USDJPY will rebound above 120 and we will see new highs in January, markets are waiting for PM Abe new strategy.

USD/JPY Discussion

If Libya solves problems with Insurgents output can be lifted by 1million barrel a day which can result in 45$ price in 1st quarter 2015

Oil and Natural Gas

Some analyst already said that Russia tries to introduce Autarky in his economy. Russia is a big country with quite high potential, but even such country cannot afford to have closed economy without paying very high costs of it. Such examples like ...

USD/RUB

it is a good time for short rebound on EURUSD (80-100 pips) before the end of the year. Equity markets will be supporting it.

EURUSD

very nice picture, my daughter makes similar ones, wish you to succeed with the Swiss.

EUR/CHF

I don't know if US is hatred inside and outside, but it is sure that majority of smaller countries which are neighboring Russia are afraid of they sovereignty and territorial integrity. This is the main problem for Russia now, they lost almost all ...

USD/RUB