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Cable slump extends as stops triggered
Well looks as though there were decent-sized stops below 1.5850, as suspected. We’ve moved quickly lower, presently at 1.5810. Technical supports lined up at 1.5800/05, 1.5775 and 1.5750/55. Risk sentiment isn’t in good shape this morning, S&P futures off 7 points, and this will be...
Daily Forex Tips - June 5th 2009
8:30 GMT- GBP PPI Input * This indicator reflects the change in the price of raw materials purchased by manufacturers. * This data release is forecasted to improve from the previous month’s result. * The results typically create volatile market conditions. * Higher than forecasted results...
US Dollar down across the board
By TraderVox.com Tradervox (Dublin) - Euro retraced back below the 1.3100 levels as it was under the pressure all day. It is trading near...
Forex Daily Forecast for USD/CHF - June 16, 2009
By FX-Forecaster | June 16th, 2009 1:22 am The underlying direction is bullish while the daily bias is bearish. Therefore it is likely that any losses are ... See all stories on this...
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