GBPUSD’s downtrend extends to as low as 1.5350 level. Further fall is still possible next week and next target would be at ...
GBPUSD’s downtrend extends to 1.5350
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40 Hours Of FOREX: Triple Witching Friday
Join FX Bootcamp: Marathon is included with any membership to FX Bootcamp, including trial members. $99 gets you started with our 7 day trial, including our 40 hour trading marathon and 7 hour video workshop. Click Here To Join Us http://www.fxbootcamp.com What Does Triple Witching Mean? An event...
It slices, it dices
Mr. Market is slicing and dicing again today, as bid now as it was offered just under 24-hours ago when it fell to 1.3914. Reports of central bank interest at both 1.3950 on dips and 1.4150 on rallies remains operative, as far as I can tell. Buying strength is strongly discouraged in this...
USDCAD pulled back from 1.0349
Being contained by the upper boundary of the falling price channel on 4-hour chart, USDCAD pulled back from 1.0349, suggesting that a cycle top...
Asian Stockmarkets modestly higher
Asian Shares are modestly higher today, with the Nikkei closing out the morning session up 98 points or 1%, at 10,076. Mitsubishi Heavy was up 6% on a report that it was close to securing a large scale construction deal in Australia. Mask makers were also trading higher after the the H1N1 flu...
EUR/USD extends sell off, but buy orders noted
EUR/USD has extended it’s early sell-off, presently at 1.3925 having just posted a 1.3917 session low. Risk sentiment doesn’t seem to be in very good shape; stocks oil down. Sources do however note some buy orders lined up at 1.3900 and then again quickly at 1.3885/90, which should at...