GAINSY Hottest Forecasts

http://www.gainsy.com/templates/sj_w.../icons/usd.png Elliott Wave Forecast: EUR/JPY – Target met and turn long at 119.20
(GAINSY Elliott Wave Analysis)

The single currency tumbled yesterday after meeting renewed selling interests at 123.85 yesterday and our short position entered at 123.30 met target at 121.30 with 200 points profit, adding credence to our near term bearishness for the c leg of wave iv to bring weakness to 120.00 and possibly to...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png Asia Session: Kuroda Talks Down The JPY, Again

The euro is licking its wounds after being assaulted by a wave of sellers overnight, as Cyprus announced its banks will remain closed until Thursday. EURUSD's rise above 1.3000 on the back of Cyprus's bailout deal was short-lived, with the pair falling victim to fear that the bail-in will set...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png GBP/USD: GBP Jarred By Jeroen Dijsselbloem's Comment, Trading Higher In The Asian Session

The pair is expected to find support at 1.5133, and a fall through could take it to the next support level of 1.5084. The pair is expected to find its first resistance at 1.5241, and a rise through could take it to the next resistance level of 1.5300....

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png USD/JPY: New BoJ Governor Pledged To Achieve 2% Inflation Target In Two Years

The pair is expected to find support at 93.49, and a fall through could take it to the next support level of 92.81. The pair is expected to find its first resistance at 94.90, and a rise through could take it to the next resistance level of 95.63....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png USD/CHF: Pair Trading Above Its MA's

The pair is expected to find support at 0.9415, and a fall through could take it to the next support level of 0.9342. The pair is expected to find its first resistance at 0.9530, and a rise through could take it to the next resistance level of 0.9572....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png USD/CAD: Loonie Notched Slim Gains As Crude Prices Rallied

The pair is expected to find support at 1.0179, and a fall through could take it to the next support level of 1.0157. The pair is expected to find its first resistance at 1.0228, and a rise through could take it to the next resistance level of 1.0255....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png AUD/USD: Investors Eye RBA Governor's Speech

The pair is expected to find support at 1.0442, and a fall through could take it to the next support level of 1.0422. The pair is expected to find its first resistance at 1.0482, and a rise through could take it to the next resistance level of 1.0502....

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png EUR/USD: Euro Declined As Cyprus Enthusiasm Faded, Trading Higher This Morning

The pair is expected to find support at 1.2780, and a fall through could take it to the next support level of 1.2695. The pair is expected to find its first resistance at 1.3000, and a rise through could take it to the next resistance level of 1.3135....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Italy Rekindles Eurozone Concerns As Parties' Conflict Weighs On

Italian centre-left leader Pier Luigi Bersani said Monday that Italy needs 'a government which performs miracles' as he is holding consultations to form a new government following the dead-end elections last month. Pier Luigi Bersani was asked on Friday by Italy President Giorgio Napolitano to try to form a coalition...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Cyprus Deal Pushes Euro Lower

The euro (EUR) saw its largest drop in bank weeks against the US dollar (USD) moving from a high of 1.3047 to 1.2829. The single currency, currently moving just above 1.287 has come under pressure after yesterday's deal on Cyprus. The 'Cyprus Precedent', as the press dubbed it, made many analysts...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Contagion Risk Persists, Euro Offered

The risk appetite remains weak as the contagion fears on the Cyprus deal spills over the Euro-Zone. The Cypriot central bank announced that the banks will remain closed through March. Euro gave-off the gains from Monday's relief-rally and hit 1.2830 in NY, its lowest since November 12'. EURUSD traded in...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Update: USD/JPY – Sell at 94.90

Despite yesterday’s selloff to 93.54, as the greenback has recoiled after holding above previous support at 93.50, suggesting further consolidation would be seen and recovery to the Ichimoku cloud bottom (now at 94.70) cannot be ruled out, however, yesterday’s high of 94.97 should limit upside and bring another decline later. Only fracture of said strong support at 93.50 would signal a downside fracture of recent broad range has occured and extend recent fall from 96.71 top to 93.25-35 but reckon 93.00 would hold from here...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Update: EUR/USD – Sell at 1.2950

Although euro has recovered from 1.2832, yesterday’s selloff below previous support at 1.2844 signals recent decline from 1.3711 top has resumed and further weakness to 1.2820 and possibly 1.2800 would be seen, however, near term oversold condition should prevent sharp fall below 1.2770-75 and reckon 1.2750 would hold from here, risk from there is seen for a corrective recoil to take place later...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Update: USD/CHF – Buy at 0.9420

Yesterday’s rally after finding good support at 0.9354 suggests the fall from 0.9567 top has ended at 0.9354 and consolidation with upside bias is seen for further gain to 0.9520-25, above there would extend the recoil from 0.9354 to 0.9550, however, near term overbought condition should prevent sharp move beyond there and reckon said resistance at 0.9567 would hold from here and bring retreat later...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

http://www.gainsy.com/templates/sj_w.../icons/usd.png Dijsselbloem Comments Reverse Post-Cyprus Euro Rebound
(GAINSY Fundamental Analysis)

The euro recorded moderate gains as Europe reached a recue deal for Cyprus. From the start, gains of the euro were limited. Later in the session, the euro was hammered after quotes from EU’s Dijsselbloem that the Cypriot deal might be a template for other EMU rescues. EUR/USD reached a...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png European Shares Rise On Cyprus Deal, Italy Hopes

Shares in European markets rose in the opening minutes of Tuesday over growing expectations that leaders in Italy will end years of conflict as they meet to dig up a way out of a stalemate situation later in the session....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png ECB Continues To Provide Emergency Funding For Cyprus Banks

The European Central Bank decided on Monday to continue to provide emergency credit to Cyprus even after a fresh bailout deal was reached. 'Today, the Governing Council decided not to object to the request for provision of Emergency Liquidity Assistance by the Central Bank of Cyprus, in accordance with the...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Cyprus Deal As Template For Others?

Euro remains in the center stage as the noise around the Cyprus deal is not completely over yet. The single currency wrote-off Monday's gains on the 'relief-rally' amid the Eurogroup President Dijsselbloem said that it was a template for the other banks in the region. The sentiment in the Euro-Zone...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Owning EURO's Needs Convincing

Good luck with your next bailout Europe is most likely what the Russians are saying or at least should be. Watching EUR/RUB plummet yesterday in a hair's breadth looked only to be the beginning of long draw out retaliation plan to a possible +40% Cypriot deposit haircut on accounts...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

http://www.gainsy.com/templates/sj_w.../icons/usd.png Intraday Statement: Euro Stabilized as ECB Said Cyprus Not a Template
(GAINSY Technical Analysis)

Euro stabilized even though it remains soft today. ECB officials jumped in with comments on market's concern that Cyprus deal is a template for other Eurozone countries. ECB Executive Board member Coeure simply said that "Mr. Dijsselbloem was wrong to say what he said". ECB Governing Council member Nowotny also...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Elliott Wave Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png Elliott Wave Forecast: USD/CAD – Buy at 1.0115

As the greenback has remained under pressure and has broken below previous support at 1.0181, suggestng near term downside risk remains for the c leg of the wave iv to bring retracement of recent upmove to 1.0130-38 (61.8% Fibonacci retracement of 0.9999-1.0343 and 50% Fibonacci retracement of 0.9932-1.0343), however, still

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Elliott Wave Forecast: EUR/GBP – Buy at 0.8425

Although the single currency has remained under pressure and near term downside risk remains for current c leg of the wave iv to bring correction of recent upmove to previous support at 0.8442 (wave iv trough), however, reckon 0.8425 (50% Fibonacci retracement of 0.8035-0.8815) would limit downside and bring another

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.pngDijsselbloem Speaks Sense, But EUR Set to Continue Sell Off

Yesterday's "Dijssel-bomb" highlighted how fractureing taboos can cause the markets to get all in a flutter. The head of the Eurogroup of finance ministers' Dijsselbloem has caused a rift with the ECB, and earlier today ECB member Couere said that Cyprus was a special case, and not a template of...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Aircraft Orders and Defense Spending Lift Durable Goods

Not only was the 5.7 percent gain in February durable goods orders more than the consensus had expected, the improvement came despite substantial upward revisions to January's figures. To a large extent, the reason forecasts missed on today's report is that the key drivers of the gain were in categories...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Ichimoku Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Wrap-up: USD/JPY – Sell at 94.90

As dollar has recoiled after yesterday’s selloff to 93.54 (price just held above previous strong support at 93.50), suggesting consolidation above 93.50 would be seen and near term upside risk is seen for recovery to the ichimoku cloud bottom (now at 94.69), then the upper Kumo (now at 94.83) but reckon yesterday’s high of 94.97 would limit upside and bring another decline later. Only fracture of said strong support at 93.50 would signal a downside fracture of recent broad range has occured and extend recent fall from 96.71 top to 93.25-35 but reckon 93.00 would hold from here...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Wrap-up: EUR/USD – Sell at 1.2950

Despite intra-day brief fall to 1.2829, lack of follow through selling on fracture of yesterday’s low of 1.2832 suggests consolidation would be seen and upside risk is seen for retracement top 1.2900, then 1.2925-30, however, the Ichimoku cloud bottom (now at 1.2966) should limit upside and bring another decline later. A firm breach below said support would signal recent decline from 1.3711 top is still in progress for further weakness to 1.2800, however, near term oversold condition should prevent sharp fall below 1.2770-75 and reckon 1.2750 would hold from here, risk from there is seen for a corrective recoil to take place later...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Wrap-up: USD/CHF – Buy at 0.9420

As the greenback has maintained a firm undertone after staging a strong recoil from 0.9354 yesterday, adding credence to our view that the fall from 0.9567 top has ended at 0.9354 and consolidation with upside bias is seen for further gain to 0.9520-25, above there would extend the recoil from 0.9354 to 0.9550, however, near term overbought condition should prevent sharp move beyond there and reckon said resistance at 0.9567 would hold from here and bring retreat later...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal: USD/JPY – Hold short entered at 94.90
(GAINSY Ichimoku Analysis)

Although the greenback has continued to move higher, as this move is viewed as retracement of the fall from 96.14, upside should be limited to resistance at 95.14 and bring retreat later, below the Kijun-Sen (now at 94.46) would bring test of the Ichimoku cloud (now at 94.20-28) but fracture there is needed to signal top is formed and bring weakness to 93.80-85, having said that, only breach of the strong support at 93.50-54 would retain bearishness for early fall from 96.71 top to resumed...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

http://www.gainsy.com/templates/sj_w.../icons/usd.png Elliott Wave Forecast: EUR/JPY – Turn long at 119.20
(GAINSY Elliott Wave Analysis)

Despite euo’s anticipated decline after meeting renewed selling interests at 123.85 on Monday, as current fall is viewed as the c leg of wave iv correction, downside should be limited to 119.10-20 and support at 118.80 should hold, bring another recoil later. Above 122.00-10 would bring test of 122.85-90 but fracture there is needed to suggest low is possibly formed, bring another bounce to said resistance at 123.85, having said that, only above resistance at 124.50 would signal the c leg has ended and bring further gain to 125.00, then 125.50...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Technical Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png Daily Statement: Risk Sentiments Solid as DOW Made Record High, Euro Vulnerable ahead of Italian Auction

DOW shrugged off weak consumer confidence data overnight as investors focused mainly on the house price and durable goods data. DOW closed at another record high of 14559 and the positive sentiments carried on to Asian session. In the forex markets, Euro remains soft against other major currencies even though,...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Cyprus Bailout Deal Reached, Uncertainty Remains

EU finance ministers and the Cypriot government reached a deal to secure the bailout fund worth of 10B euro. Yet, market reaction was not optimistic at all with shares plummeting on concerns that the capital control such as deposit levy and haircut deposits used in this deal would be the...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png GBP/USD: GBP Declined On Disappointing UK Realized Sales Data

The pair is expected to find support at 1.5121, and a fall through could take it to the next support level of 1.5092. The pair is expected to find its first resistance at 1.5194, and a rise through could take it to the next resistance level of 1.5238....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png USD/JPY: JPY Pressured As Traders Speculate BoJ Intervention

The pair is expected to find support at 94.26, and a fall through could take it to the next support level of 93.67. The pair is expected to find its first resistance at 95.18, and a rise through could take it to the next resistance level of 95.51....

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png USD/CHF: Swissy Trading Above Its MA's

The pair is expected to find support at 0.9475, and a fall through could take it to the next support level of 0.9455. The pair is expected to find its first resistance at 0.9511, and a rise through could take it to the next resistance level of 0.9527....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png AUD/USD: RBA's FSR Disappoints

The pair is expected to find support at 1.0444, and a fall through could take it to the next support level of 1.0423. The pair is expected to find its first resistance at 1.0492, and a rise through could take it to the next resistance level of 1.0519....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png USD/CAD: Loonie Gained On US Data, Oil Prices, Trading Lower This Morning

The pair is expected to find support at 1.0150, and a fall through could take it to the next support level of 1.0127. The pair is expected to find its first resistance at 1.0204, and a rise through could take it to the next resistance level of 1.0235....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png EUR/USD: Euro Reverses Previous Session Gains

The pair is expected to find support at 1.2816, and a fall through could take it to the next support level of 1.2791. The pair is expected to find its first resistance at 1.2879, and a rise through could take it to the next resistance level of 1.2917....

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png Cyprus To Enforce Capital Controls To Prevent Bank Run

Following the deal between Cyprus and international creditors on a bailout, finance minister Michael Sarris said he is planning to impose controls measures on money transfers to prevent a run on the banks by depositors. According to Sarris, Cyprus is expected to complete capital control measures at 10:00 GMT on...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Euro Unwind On Weak Economic Data

The equities were better bid in Asia, as BoJ prepares to consolidate its two asset purchase programs, Rinban and APP, into one. This combination will allow BoJ to have more flexibility on the JGB curve, especially to buy bonds on longer maturity. JPY and its crosses were better bid overnight....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Euro Holding Near The Recent Lows As Bail-In Debate Lingers

EUR/USD and EUR/GBP found a new equilibrium after the Dijsselbloem sell-off. The decline of the euro slowed, but for now there is no indication that any sustained recoil might be on the cards. From today on, currency markets might shift into erratic low volume trading going into the Easter holidays....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png European Stocks Extend Gains After U.S. Data

European shares edged higher in the opening minutes of Wednesday, extending the previous session`s gains and also tracking a rally in Wall Street following some upbeat U.S. economic data which provided temporary relief for the market despite ongoing worries in the euro area....

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Ichimoku Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Update: USD/JPY – Hold short entered at 94.90

Despite intra-day rise to 94.91, as the move from 93.54 (this bank week’s low) is viewed as retracement of the fall from 96.14, upside should be limited to resistance at 95.14 and bring retreat later, below the Kijun-Sen (now at 94.46) would bring test of the Ichimoku cloud (now at 94.20-28) but fracture there is needed to signal top is formed and bring weakness to 93.80-85, having said that, only breach of the strong support at 93.50-54 would retain bearishness for early fall from 96.71 top to resumed...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Update: EUR/USD – Sell at 1.2900 or buy at 1.2705

As the single currency has fallen again after brief recovery, suggesting recent decline from 1.3711 is still in progress and further weakness to 1.2775-80 (50% projection of 1.3050-1.2829 measuring from 1.2890) and then 1.2750-55 (61.8% projection) would be seen, however, loss of downward momentum should prevent sharp fall below 1.2720-25 (1.236 times projection of 1.3107-1.2844 measuring from 1.3050) and reckon 1.2700-05 would limit downside, bring recoil later, above intra-day resistance at 1.2867 would bring retracement to resistance at 1.2890 but the Ichimoku cloud top (now at 1.2939) should remain intact, bring another decline...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Forex Signal Update: USD/CHF – Buy at 0.9460

As the greenback has continued to trade with a firm bias, we are keeping our view that fall from 0.9567 has ended at 0.9354 and bullishness remains for this strong recoil from 0.9354 low to extend further gain to 0.9550, however, near term overbought condition should prevent sharp move beyond there and reckon said resistance at 0.9567 would hold on first testing and risk from there has increased for a retreat later...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png No Deal Between Bersani, Berlusconi Risks Future Of Coalition Government

The prospect for a near coalition government in Italy was overshadowed as political leaders failed to find a common ground in meetings, fueling worries that the country may return to the pulls very soon. Talks between leader of People of Freedom Party (PdL) and ex-premier, Silvio Berlusconi, and leader of...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Britain's Fourth-Quarter Contraction Confirmed

The British economy's 0.3% drop in the fourth quarter of 2012 is now confirmed after the final GDP reading remained unrevised, amid worries the economy is in the throes of a triple-dip recession. One of the main factors putting pressure on growth is the government's pledge to continue with austerity...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Euro Area Confidence Drops In March On Worries From Cyprus

Euro area confidence decreased in March as concerns from Cyprus, and in Italy before, inflamed debt crisis woes. Economic confidence retreated to 90.0 in March, from a prior of 91.1, compared with estimates of 90.5....

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Cyprus Although Small, Yet Represents Eurozone Agony

Although the Cyprus bailout issue has been finally finalized after the deal reached with international lenders on Monday, the agreement includes deep implications about the current situation is in the euro zone after three years of back-and-forth struggle with the debt crisis....

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases

(GAINSY Fundamental Analysis)

http://www.gainsy.com/templates/sj_w.../icons/usd.png London Session: EUR Focus Shifts From Cyprus To Italy

The FX space is fairly uninspiring today as Europe gears up for the Easter holiday later this bank week. The EUR weakened below 1.28 to its lowest level since November, while the yen also faltered after a newspaper article suggested that the BOJ will discuss merging its two asset purchase programmes...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png EURO Strangled By Options, Cyprus And Holiday's

Greek and periphery borrowing costs are attempting to creep higher as investor's fear over Cyprus dominates a strong performance in the US. On the other hand, the US investor seems to be overlooking the Cypriot drama and focusing on domestic data in their attempt to push the S&P 500 to...

Follow & Read GAINSY Forex Broker Online

http://www.gainsy.com/templates/sj_w.../icons/usd.png Jittering EUR, Weakening GBP

Some expect the Cyprus banks to reopen the doors tomorrow; however there is no confirmation on the issue so far. As the chairman of the Bank of Cyprus gives his resignation, the jittering on the island expands. Should we expect a broad chaos on the island? Mr. Demetriades thinks that...

Follow & Read GAINSY Forex Broker Online
______________________________
Practice brings dividends in the form of Ferrari, theory brings bad eyesight, bald spot and diseases