AUDUSD formed a cycle top at 0.9029 level on 4-hour chart. Range trading between 0.8771 and 0.9029 is expected in a couple of days. Key resistance is...
AUDUSD formed a cycle top at 0.9029
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EUR/USD clawing back lost ground
The threat of some significant buying interest at 1.3925 has dulled the bear’s appetite for risk and shorts have continued to book profits on the EUR/USD, with the pair back again towards 1.40. Dealers report a mixed bag of selling interest and trailing stops above the figure. The previous...
USDJPY trades higher
USDJPY has overcome the offers at 97.50-60 to take out small stops above 97.60. Its still looking bid after the morning market seems to have got itself short trying to trigger sub 97.00 stops. Look for an attempt at 98.00 going into...
Daily Forex Outlook - USD continues to buckle
US Dollar Trading (USD) felt more pressure as investors continued to pressure the Dollar on the back of more rumblings from Asian disquiet with US debt. ... See all stories on this...
How to Profit As the U.S. and China Battle for Southeast Asia
How to Profit As the U.S. and China Battle for Southeast Asia by Carl Delfeld, Investment U Senior Analyst Friday, November 25, 2011: Issue #1651...
Labour facing disastrous election results
The European elections did not go well for Gordon Brown’s Labour party but you are going to have to make your own mind up as to whether this is good or bad for the pound, as I’m not too sure. Cable has topped out at 1.66 and falls back towards 1.50 look on the cards but the uptrend...