EUR/USD has created one of our favored chart patterns. In the below 30 minute timeframe chart, EUR/USD has created a false break out (See previous...
EUR/USD Short Term Trading Idea - Technical Analysis
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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...
AUD/USD Daily Forex Technical Outlook
Daily Pivots: (S1) 0.8622; (P) 0.8688; (R1) 0.8791 AUD/USD rebounded strongly after drawing support from 0.8589. While upside momentum is clearly diminishing, there is not confirmation of topping with 0.8589 support intact. Another high above 0.8787 might be seen. But still, we’d expect...
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Beleagured Gordon Brown is set to hold a press conference in just under an hour. He is more likely to annouce a cabinet reshuffle than his resignation. Darling is set to retain his post, much to the market’s delight (tongue firmly in...
AUD/USD short term technicals
The overall trend on the hourly chart is neutral. Potential resistance at .8070 in the form of a Fibo, trend line. Support is at last nighs .7965 low. Looks like a range trading market to me, buy dips, sell...