Hello everyone. For todays preview video, I would like to look at the GBP/JPY longer-term and as part of the analysis provide an update on the GBP/USD. Please note the shorter week for the US equity markets. Thin market conditions will exist. Be careful with your trading this week.
FOREX VIDEO - ASIAN OUTLOOK NOVEMBER 23rd 2009
Source: blogs.fxstreet.com
- Tags:
- Daily market commentary
Read more...
Cable comes under heavy pressure
Cable has come under heavy pressure, presently down at 1.6515. Next technical support at 1.6500. Talk of some buy orders lined up down at 1.6500/10. Bloomberg is carrying an article about US banks and toxic assets, which will not be helping sterling, given it’s close tie up with the health of...
Fair Value Sought After Strong Forex Regional Economics
The regular US battle to find fair value on stocks, bonds, futures, options, and commodities now ensues, and by default has forex value pulled all over the ... See all stories on this...
Forex Trading - 2 Effective Indicators You Can Use On The Long ...
People trade the forex markets using various different time frames. Some traders like to scalp the markets using the 1 minute or the 5 minute chart, whilst others prefer to take positions on the daily or weekly chart, for instance. However it's generally the longer term traders who turn out to be...
Greek Forex Broker
I’ve uploaded the basic details about FXGreece broker to my site today. I guess it’s the first Greek Forex broker that I’ve seen. There were many from Cyprus, but though culturally related Cyprus isn’t Greece. Is there anything else...
Central Bank of Kenya Hikes rate 550bps to 16.50%
The Central Bank of Kenya upped its benchmark lending rate by 550 basis points to 16.50% from 11.00% previously, and raised the...