اب سے ہم Elev8 ہیں

ہم صرف ایک بروکر نہیں ہیں۔ ہم ایک جامع ٹریڈنگ ایکوسسٹم ہیں—ہر چیز جو آپ کو تجزیے، ٹریڈ اور  ترقی کے لیے درکار ہو، ایک  ہی جگہ پر  ہے۔ کیا آپ اپنی ٹریڈنگ کو بلند کرنے کے لیے تیار ہیں؟

Forex: EUR/USD flat around 1.3060 ahead of Italy bonds auction

While Australia's PM Gillard is currently speaking at Brisbane, and ahead of another busy day for EUR/USD with key Italian sovereign bonds auction and second day of FED's Bernanke testifying on the Semiannual Monetary Policy Report before the House Financial Services Committee at 15:00 GMT, in Washington DC, the pair hits fresh session highs at 1.3074, off session lows at 1.3041, flat so far for the Asia-Pacific.

According to CMT and FXstreet.com Independent Analyst Fan Yang: “Fundamental risk is pressuring the Euro. If EUR/USD does fall further, the next “near-term” target could be 50% retracement (of 1.2041-1.3710) at 1.2875,” the analyst suggests, adding: “A rally back above 1.3125 could neutralize the bearish outlook for the time being.”

Fan finds support levels at: 1.2911, 1.2964 and 1.3015, while resistance levels at: 1.3119, 1.3172 and 1.3223.

Forex Flash: Australia domestic building seeds of growth could be germinating - NAB

With Aussie currently at 1.0226 USD bouncing from session lows at 1.0205, and Q4 Construction work done in Australia coming at -0.1% lower than +1.5% expected and +1.9% previous, Senior Economist Markets at NAB David de Garis notes that “Details hint that domestic building seeds of growth could be germinating,” David said, adding: “domestic building activity rose, offsetting a pull-back this quarter in engineering construction.”
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Forex Flash: USD/JPY Q2 target at 97 – JPM

“The main driver of JPY weakness has been an 'inflation expectations bubble' spurred by unrealistically high hopes for Abenomics,” say Global FX team at JP Morgan, with USD/JPY targets now “raised to 94 for Q1, 97 for Q2 and Q3, and 96 for Q4.”
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