By Fast Brokers - The Cable is deflecting off our 3rd tier uptrend and downtrend lines as the S&P futures battle their [...]
GBP/USD Deflects Off our 3rd Tier Trend Lines
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WORLD FOREX: Dollar Finds Favor On Caution
"The short dollar trade has become a bit crowded," said Brian Dolan, chief currency strategist at Forex.com. "The real money mangers are buying back dollars ... See all stories on this...
USD/JPY Blocked by our 3rd Tier Downtrend Line
By Fast Brokers - The USD/JPY continues to hit a brick wall at our 3rd tier downtrend line, revealing the significance of...
Forex news: dollar slips vs majors on Asian stocks increase
Thursday, during early Asian deals US currency lost ground against its main rivals as gains in Asian stocks boosted investors to turn toward higher-yielding assets. Asian shares edged up today as investors continued to favor riskier assets on further signs that the global economy is picking up,...
Can Euro Maintain in Forex Trading? | GFT Forex
Questions about whether or not the euro will make a run at 1.50 are in focus today on the currency market. The forex trading forecast for the euro is dependent, in large part, on the risk trade, and the risk trade seems to be gathering steam right now. Indeed, as forex traders abandon the U.S....
Dollar continues to weaken across the board
The Dollar is continuing to weaken across the board as markets dismiss the idea of early US rate hikes and get back to doing what they like best which is sell Dollars. Eur/Usd has moved past offers at 1.4070 with ease and is now closing in on 1.4100. Cable is in the same boat with the move above...