By Russell Glaser – The Cable is testing the 61.8% Fibonacci retracement level from the August 2009 high. Following this week’s bullish...
GBP/USD Technical Analysis
Source: feedproxy.google.com
Read more...
Usd/Jpy comes under renewed pressure
Usd/Jpy is attracting some selling interest currently, with 98.45 capping this morning’s rally, attention is now turning to the downside. US Yields are little changed from yesterday, a tad lower if anything, but Traders are looking to probe some sell stops located in the 97.75/80 area. Note...
FOREX VIDEO - Pre London Outlook August 18th 2009
Hi everyone. Finally we have a trending market it’s been a long time in the making and a welcome sight. For this presentation I take a look at the Pound USD and Euro USD. The simplest of the simple today, nothing more than a trend following trade plan for both currency pairs. I also spend some...
USD/JPY dipped lower in early European trade but runs into buy interest
USD/JPY dipped a little lower in early European trade to 98.28, but has run into decent buy interest from a U.S. investment bank, according to sources. The pairing is presently back up at...
The Best (and Worst) Way to Bet on Falling Australian House Prices
By MoneyMorning.com.au There was one big surprise from the Port Phillip Publishing ‘After America’ investment symposium. It was the...
Forex Trading: GBP/USD Approaches Target And Backs Off | Daily Markets
The GBP/USD approached the next target level at the 1.6672 level last night and backed off (high reached was 1.6661). Reports of a central bank statement. Daily Markets -...