Forex Forecast Video Analysis : EURUSD, EURJPY, GBPUSD and USDJPY September 4
Tomorrow is the USA Non-Farm Payroll and we trust the usual tight price action but there are two trade setups on the EURJPY, USDJPY, GBPUSD. The ...
Bi-Weekly COT AUD/USD Forex Forecast Update - Feb 11, 2010
www.forexmentor.com/cot - In this week's bestowal, we're going to look back to our forecast on Saturday, February 6th. We were (and ...
Daily Forex Forecast 7/28/2011
In what proved to be a wondrous day for the Australian Dollar the nation's currency surged to an all-time post effect high against its US Counterpart reaching a rate of 1.1079 late in the Asian Period. Driving the Aussie higher yesterday was the release of the highly anticipated CPI Evidence with an inflationary figure of 0.9 percent coming in well above market expectation as prices advanced 3.6 percent from a year earlier.
Daily Forex Update: USD/CAD
After forming a support base over several hours, the USD/CAD finally broke out to the upside, alluring out the resistance line of a falling wedge chart pattern and signaling the start of a workable rally into the Autochartist forecast zone at .9529 to .9608. The size of the last candlestick could be momentous of impending volatility; however, a follow-through rally is needed to confirm the strength of the breakout.
EUR Knocked Off Its Pedestal
Heed shifted slight away from the greenback overnight as ineffectual EU materials served to cause to remember the bazaar that the US might not be alone in fighting a slowing compactness. Sign EU and German PMI readings were way below expectations on all fronts, with the...
Forex, Commodities and Index Update 9.21.2010 – GBP/USD, Gold, US SPX500
The GBP/USD had been trending higher after prices bottomed out at 1.4229 in May. The improvement that was in potency through most of summer has slowly faded into consolidation. A press belittle towards back up can be seen on the Rising Chock specimen that alerted on the everyday map. With an Autochartist Initial Drift reading of right-minded one bar, the buy directorate has shown that while buying help remains, there is no longer enough bullishness to reach for higher highs. Some bullish opinion has carried over from the foregoing 108 candles, but the tender-heartedness lacks upward power. The uptrend set in place currently at 1.5380 is the key to maintaining backup in this crabwise buy.
...FX Strategy Briefing: Euro Gains on Soft Basel III
The dollar kill on Monday. Mastery-than-expected Chinese remunerative matter, faster European enlargement forecasts and more tolerant supranational banking rules from the Bank for Supranational Settlements increased investor optimism on the epidemic money-making forecast....
