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Source: www.theforextradingsystem.com

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  • Cable comes under heavy pressure

    Cable has come under heavy pressure, presently down at 1.6515. Next technical support at 1.6500. Talk of some buy orders lined up down at 1.6500/10. Bloomberg is carrying an article about US banks and toxic assets, which will not be helping sterling, given it’s close tie up with the health of...

  • Forex: GBP/USD falls back to intra-day lows close to 1.6415

    fxstreet.com (Barcelona) – After bouncing at 1.6415 and testing the 1.6500 level, GBP/USD has been rejected by the 1.6525 level to break the MA200 and MA55 ... The FastBrokers Research Team comments: “Technically speaking, the Cable’s inability to test 10/23 highs has dragged the currency...

  • Daily Forex Tips - June 8th 2009

    12:15 GMT – CAD – Housing Starts - Number of new residential buildings which began construction during the previous month. - Released monthly, but in an annualized format. - Figure is forecast to rise from last month to 127K from 118K. - Could have a positive impact on the CAD if forecast is...

  • Explaining Danica v0.5 optimization choices

    This report gives a more detailed discussion of the optimization trade-offs made for Danica, as compared to the initial announcement. At the same time, it establishes a reference point for future studies of past...

  • Forex CT Afternoon Report for 5 March 2012

    Video courtesy of ForexCT – A leading Australian forex broker, liscensed by the Australian Securities & Investments Commission, offers...