Aussie Pullback+Pin Bar Signal - More Downside? Chris Capre
Aussie Pullback+Pin Bar Signal - More Downside? Chris Capre
Inflation Risk For GBP/USD
UK inflation data for April is the economic highlight during the European session today. GBP traders shoudl watch this data as it could have important implications for the pound.
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Elliott Wave Forecast: AUD/USD – Sell at 0.9915
Aussie's recovery after last week's selloff to 0.9711 has retained our view that minor consolidation above this level would be seen and correction to 0.9850 and possibly 0.9890-00 cannot be ruled out, however, renewed selling interest should emer
Yen Lower Against All Currencies Ahead of the BOJ Meeting
The Yen corrected itself over night against all of the other 16 currencies it’s paired against. This comes after the economic Minister of Japan commented that it is strongly believed that that the yen’s weakening was nearly finished. He also said
Following USD/SGD’s Uptrend!
Good day everyone! My forex pick for the day is USD/SGD
UK Inflation Slows, Pound Weakens
The Great Britain pound weakened today after data showed that inflation last quarter slowed more than was predicted by analysts, reigniting concerns about the UK economy.
EURUSD potentially forming a rounded bottom.
A Forex trading technical analysis video showing the 10, 50 and 200-day moving averages bunching closely and suggesting a short position, something they have not done all year. Seeing as we are very close to the March/April lows at 1.2750 rather
GBP/USD Follows Through to Downside on CPI Data
Consumer Price Inflation in the UK slowed more than expected in April to 2.4%, a 7 month low, causing the GBP/USD to sell off sharply.Price fell to the lowest level since May 17th.
Weaker UK inflation data raises the chances of further mon
Asian Market Update
Asian equity markets traded on a more cautious tone, with bullish momentum stalling ahead of the critical testimony by Fed Chairman Bernanke and the next decision on monetary policy from the Bank of Japan on Wednesday. Investors across the globe
Gold charts point to fresh trouble, eyes on $1100/oz
Gold's recent slump could have much further to run, with a breach of its April low at USD 1,322 potentially setting up bigger losses towards levels not seen since mid-2010, chart analysts say.
Ichimoku Signal Wrap-up: USD/JPY - Sell at 102.65
Despite intra-day rebound to 102.89, current retreat has retained our view that further consolidation below last week's high of 103.31 would be seen, break of 102.00 would suggest a temporary top is formed, bring correction to 101.83 support and.


