EURJPY and Dow pin bars - Nial Fuller
The EURJPY pin bar strategy that we discussed in Friday’s members’ commentary has come off lower today, and we can see price moved up to just above the 50% level of the pin providing an excellent risk reward ratio for anyone entering
EURUSD update, 15th December 2011 - Nial Fuller
The EURUSD consolidated today and formed an inside bar. We would look to sell on a rotation higher into resistance near 1.3150 or slightly above, pending price action confirmation.
GBP/USD Confirms Channel Breakout but Also Completes ABC
The GBP/USD was bearish after the Non-Farm Payroll release on Friday, and after a retracement to near 1.5830, the market continued lower, finding support just ahead of the 2/6 US session at 1.5730. Note that this swing “confirms” a bearish breako
Usd/Inr Incomplete Bearish Impulse
We expect a pull-back into 50 area in wave 4 retracement, before we will look for a downtrend continuation. Divergence also suggests that temporary low could be forming.
Cotton Price Forecast – Materials Risk 3 Month Outlook
Developments in the cotton price over the next three months are likely to be heavily influenced by drought in Texas and Chinese cotton reserve purchases. However, with cotton one of the most sensitive commodities to the global economic climate an
EUR/USD Is Heading To 1.26 - SocGen
(Dow Jones via eFXnews) EUR/USD is heading to 1.26, says Societe Generale, once last week's 1.3025 low gives way.The bank says 1.2930-1.2925 and....
Preview: RBA Set to Cut Interest Rates – Impact on AUD
The expectations heading into the upcoming RBA interest rate decision is for the central bank to maintain a loosening bias by lowering interest rates by another 25 basis points, or 0.25%, to 4.0%. We look at these macro developments and a look at
COMMODITY MORNING CALL: CRUDE 118.96 +0.03% COTTON 91.89 -0.
Commodity prices fell during early Asian trading on increased fears of a Greek default after a decision on 130 billion euro aid deal was delayed to 20th February.Brent crude futures which had been supported by news that Iran had halted oil expo
Natural Gas Storage Decreased by 127 Bcf Last Week
Natural gas prices changed direction last week and slightly rose during last week. The extraction of natural gas from storage started to pick up last week, but it is still low compared with the extraction in the parallel week of 2011.
(VIDEO) Eur/Usd Is Headed To New February Highs
Euro found the support just below 1.3020 wave A region, where wave C cleared out the stops as excepted, before market reversed higher. A reversal was just perfect, a clear impulse which its definitely a type of a price action that indicates an up
AUD/USD Forecast February 17, 2012, Technical Analysis
AUD/USD rose during the session with all of the other risk related currency pairs as the ECB announced it would be swapping Greek bonds it owns for longer dated ones over the weekend. This helps the process along with the Greek debt markets, and
EUR/CHF Forecast February 17, 2012, Technical Analysis
EUR/CHF had an interesting day as the market went absolutely nowhere on Thursday. The announcement of the ECB swapping out short-term dated bonds for long-term ones in Greece got people buying the Euro, but not in this market. Because of this, we


