With the stock market looking like it has that “going to end the day in the negative” feel to it, it won’t be long now until the eur/usd and aud/usd longtraders get nervous and start selling to lock in their profits. Right now it looks like everybody is waiting on somebody to make a move…
End of day
Source: www.forexlive.com
- Tags:
- All
Read more...
Can You Profit From Beer Drinking on Australia Day?
By MoneyMorning.com.au Whether it’s cultural reflection, or a result of the booze wars between the two biggest supermarket chains, the...
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...
USDCHF has formed a cycle bottom at 0.9088
USDCHF has formed a cycle bottom at 0.9088 on 4-hour chart. Range trading between 0.9088 and 0.9262 would likely be seen in a couple of days....
Forex Trading - should you invest? Interesting Points to Know ...
Forex trading is all about making big money. Some investors have found it quite easy to make a large amount of money as the forex market changes daily. Forex, is the foreign exchange market. Online and offline you will find references ... MOCDS Personal Blog -...
EURJPY: ranges getting tighter
It seems that the EURJPY range has been shriking over the course of this week, with Yen crosses taking a back seat to straight USD positioning. Its been unable to crack above yesterday’s high of 138.05. Buyers are seen at 137.00-20 with stops below. Sellers 138.00-10 then 138.30. It needs to...