AUDUSD formed a cycle bottom at 0.8858 level on 4-hour chart. Now the rise from 0.8858 could possibly be resumption of uptrend from 0.8066 (May 25...
AUDUSD formed a cycle bottom at 0.8858
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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...
German April trade weaker than expected
German April trade surplus s.a came in at 9.0 bln euros compared to 8.9 bln in March, below the market median of 9.4 bln. The current account surplus came in at 5.8 bln, some way below the median forecast of 10.0 bln euros. EUR/USD having rallied in early European trade has slipped back slightly,...
Is Your Company Next?
According to the Department of Labor, more than five million workers have lost their jobs since December 2007. In March, the unemployment rate hit 8.5% and economists expect that number to rise in the upcoming months. In fact, many companies are in the middle of a major business restructure and...
Forex CT 14-3-12 News Update & Outlook
Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers...
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...