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AUDUSD continues its sideways movement
AUDUSD continues its sideways movement between 1.0628 and 1.0844. As long as 1.0628 key support holds, the price action in the range is treated...
Swedish FinMin says Latvia deal needed soon
The knock-0n effect of the crisis in Latvia is taking centre stage in Sweden, where the banks are heavily exposed to the Baltic states of Latvia, Lithuania and Estonia. Comments from the Swedish finance minister Anders Borg have again highlighted the impact that it would have in his own country, as...
New York forex wrap; Greenback unhelped by green shoots
US pending home sales leap 6.7%, biggest rise in 7 years ECB’s Constancio: No deflationary spiral in eurozone but inflation could be lower than expected, does not foresee accelerated dollar losses NAHB says US housing market at or near bottom UK cabinet shuffle in the works Auto sales better...
GBP/USD intraday seasonality overview, 2003-2010
This GBP/USD report continues a new series of reports about intra-day "seasonality" effects in FX, gathering facts on the ground for an upgrade of the hour-scale algorithmic forecasting system. From the point of view of this approach and the features it reveals, GBP/USD is somewhat similar to...
How I know my forex forecasting engine works
The key component of my forex trading system is the prediction engine. So far I have been trying to optimize the prediction engine in the overall context of simulated trading on the historical data where besides the parameter responsible for prediction, at least three other parameters were being...