Daily Elliott Wave Forex Forecast

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Title: EUR/USD – Sideways – Possible Decline Story: Price is currently sideways and a break below 1.3115 support level will provide us an...


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  • Taiwan Central Bank Holds Discount Rate at 1.875%

    The Central Bank of the Republic of China (Taiwan) held its discount rate unchanged at 1.875% and the collateralized loan rate at...

  • Forex Technical Analysis for 06/15—06/19 Week

    EUR/USD trend: sell. GBP/USD trend: sell. USD/JPY trend: sell. EUR/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot 1st Res 2nd Res 3rd...

  • Latvia/IMF do not discuss devaluation

    Latvia and the IMF did not discuss a devaluation and are trying to maintain the present peg to the euro via a new budget. Swedish banks will breath a short-term sigh of relief. This is modestly EUR supportive, but the focuc is more on US jobs figures at the moment. EUR/USD is quiet at...

  • Daily Forex Tips - June 10th 2009

    8:30 GMT: GBP - Manufacturing Production - This indicator reflects the change in the total inflation-adjusted value of output produced by manufacturers. - Manufacturing makes up around 80% of total Industrial Production and tends to dominate the market impact. - The release of this indicator...

  • EUR/CHF intraday seasonality overview, 2003-2010

    The EUR/CHF hourly average log returns, even non-zero in a systematic way, are too low to offer a tradeable strategy. The time series is mean-reverting on the hour scale throughout the day showing no signs on a regime switch common to some other exchange...