EURUSD broke below the lower border of the price channel on 4-hour chart, suggesting that a cycle top has been formed at 1.3817 level on 4-hour chart...
EURUSD broke below lower border of price channel
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Short Term Weakness Seen In Gold
The price of gold of XAU/USD in the commodities market could be due for a correction in the near term. As you can see from its 4-hour chart...
UK house prices fall at lowest rate in 18 months
The RICS house price balance was -44 in May from -59 in April. Sterling usually does not react to this data during Asian time but may do so in early...
USD/JPY spread patterns and history, 2003-2009
This second article in a series dedicated to patterns and stability of forex spread deals with USD/JPY. In this pair, one of the most liquid in forex, spread is seen to be quantitatively very close to USD/JPY; its evolution during the day and week is also...
Forex Sentiment Webinar Notes
Took some notes on the recent webinar by forexlive.com and others. attached is a link,...
Nationwide Aug house price index much stronger than expected
UK Nationwide house price index for August has come in at +1.6% m/m, -2.7% y/y, demonstrably stronger than the median forecasts of +0.5%, -3.9% respectively. Cable had moved from 1.6215 to 1.6235 just ahead of the release (did someone know what they were going to be?), and is presently little...