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
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Australia May employment -1700 s/adj, much better than expected
Australia employment -1700 jobs, much better than the forecast of -30,000. The unemployment rate for May 5.7%, as expected. AUDUSD jumps immediately from 8045 to 8080. The jobs number is much much better than expected and should act as support for AUD...
FOREX-Dollar slips; mkt eyes US CPI, BoE for direction
LONDON, Nov 18 (Reuters) - The dollar eased back on Wednesday from its biggest rise in three weeks the previous session, as traders awaited U.S. inflation data and minutes from the Bank of England's November meeting for further direction. The dollar had rallied on Tuesday on the back of rare...
Cable hurt by M&A;this week, could be supported next week
If Barclays goes through with its BGI sale to Blackrock, GBP 6 bln could flow into the...
Monetary Policy Week in Review – 14 Jan 2012
The past week in monetary policy saw interest rate decisions announced by 11 central banks, with just one announcing a change in rates (Chile...
Update on my LMT Forex Formula trade
Greetings fellow traders. A few days back I made a post (over here) announcing with joy that the LMT forex formula system has finally signaled an entry. The entry was a buy EUR/USD at 1.3873 on the H4 chart. Well, I’m glad to report that my position has hit take profit for a total of 251...