By Russell Glaser – The Cable continues to move lower and is setting up an opportunity to short the pair and enter into a trend at the...
GBP/USD – Moving Average MACD Combo Trade
Source: feedproxy.google.com
Read more...
FOREX VIDEO | NEW YORK SESSION REVIEW | June 2, 2009
The beleaguered US dollar could find little relief during today’s London and New York sessions. London traders who took the EUR/USD bounce from daily 5 ema, then closed the trade at the M4 pivot point, had already earned a 170 pip profit as the New York session got going. Although the...
FOREX-Dollar down as Bernanke remarks weigh; c.banks eyed
By Jamie McGeever LONDON, June 4 (Reuters) - The dollar weakened on Thursday as remarks by Federal Reserve Chairman Ben Bernanke on fiscal deficits the ... See all stories on this...
FOREX VIDEO - London Session Review - July 31 2009
Just as we opened the London session today, we immediately found ourselves in a beautiful price trap on the GBP/JPY on a 15m/hourly basis. This trap had a very precise bottom at 157.29, which just so happened to be overlapping our new hourly 21ema, and happening exactly at the London open. Also we...
JPY buying into the fix
As I wrote earlier, normally one sees USD buying and JPY selling on the 10th of the month but today we are seeing the opposite with JPY buying pushing the USD/JPY to a session low at 97.17 and EUR/JPY to 136.70. Not much in the way of bids until 96.60 in USD/JPY I’m told, but it is doubtful...
Australia June consumer confidence index +12.7% to 100.1
This is the second largest result in the history of the WestPac/MI index and the biggest rise in 22 years. The AUD/USD has popped up to .8035 from...