AUDUSD stays above a uptrend line on 4-hour chart and remains in uptrend. As long as the trend line support holds, uptrend is expected to continue...
AUDUSD stays above a uptrend line
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Forex and Financial Market Update 15 June 2009
Those three factors about sum it up to explain why the EUR/USD, GBP/USD, EUR/JPY, and GBP/JPY came under pressure, each losing several hundred pips to the ... See all stories on this...
EUR/GBP bottoming out at .8730
The market is deciding which way now for the pound after the European elections. It seems that indecision is the overriding sentiment and this is in turn bad for sterling; if in doubt, sell. EUR/GBP is up at .8775 after opening at .8745 and there is a bottom forming on the hourly chart at .8730. As...
EUR/USD intraday seasonality overview, 2003-2010
In the past, we have looked at hour-scale autocorrelations and intermarket correlations in FX, averaged over observation intervals as long as several years. We have also looked at time evolution of interesting correlation effects, averaged over shorter time intervals. This report begins a new...
Pairs trading and correlations
I approach pairs trading with the correlations tool-box and basic algebra. Let's consider two time series, a(t) and b(t). It will be understood that these are taken on a fixed time scale (second, minute, hour, and the like). Most explanations of pair trading fail to communicate the importance of...
Stock Market and Currency Trading | GFT Forex
How the stock market moves along with the forex market. Forex Training | GFT Forex -...