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Weekly Forex Chart Price ...

Weekly Forex Chart Outlook

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Monetary Policy Week in R ...

The past week in monetary policy saw 9 central banks reviewing interest rate settings. Three central banks reduced their mon

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China and Japan to Bypass ...

China and Japan are planning to trade directly without the USD as the common currency to determine the “cross-rate”. Inst

posted by FXTimes 9 hours ago read more >>
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Record Weekly Loss of Eur ...

This week, the euro had its biggest weekly loss against the dollar this year as the currency was rapidly losing attractivenes

posted by commodityblog 12 hours ago read more >>
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Dollar Index Analysis Upd ...

Dollar Index Analysis Update – 26th May 2012

posted by forexfx4x 12 hours ago read more >>
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Has China reached it's pe ...

This opinion article explores if China has reached it's economic peak.

posted by thegeekknows 13 hours ago read more >>
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Special Focus: USDCHF (We ...

USDCHF: With the pair violating the 0.9499 level and slightly closing higher above the 0.9591 level, its Jan 2012 high on a r

posted by FXTechstrategy 14 hours ago read more >>
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Forex Technical Analysis ...

Technical analysis in form of pivot points, support/resistance levels and Fibonacci retracements for the next Forex trading w

posted by commodityblog 16 hours ago read more >>
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GBP/USD - nearing an impo ...

posted by kingsoom 17 hours ago read more >>
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AUD/USD Forecast Review 2 ...

AUD/USD goes below 0.98 as bearish sentiments increases. Popular AUD/USD forecast by the Forex Koala. Technical and fundament

posted by thegeekknows 17 hours ago read more >>
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Currency Technical Report

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

EUR/USD : Our strategy yesterday proved accurate, as euro moved between the ranges we had set for sell positions. We follow the trend until 1.5445-50 lows, while a potential break may be followed with new sell positions with target at the 1.5360-8...  read more
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Forex Depth Analysis: GBP/JPY

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

The pound slid versus the dollar on Thursday as the U.S. currency rose broadly on growing speculation of higher U.S. interest rates and on souring sentiment on Britain's economy. Figures showing rising unemployment on Wednesday were the latest in ...  read more
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FX Thoughts for the Day

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

A rally to 1.0450 has been seen so far in the day and this holds as an important Resistance (the top end of the range from 1.0150-1.0450) for now. A rise past from here could lead on to 1.0524. If and while the Resistance holds a fall towards 1.04...  read more
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Daily FX Forecast

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

EUR/USD has fallen heavily to 1.5400 our next down target over the last trading sessions as it was suggested Today focus will be on US Core Retail Sales numbers at 12:30 GMT The consensus is at 0.7% On downside, below 1.5400 first immediate Suppor...  read more
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Technical Analysis Daily: USD/JPY

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

After the descent of US Dollar yesterday against the Japanese Yen the Dollar started climbing again from yesterday's bottom 106.60 to today's top 107.75, which are the first support and resistance levels respectively for the currency couple today....  read more
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Daily Technical Strategist

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

Although a higher one-day close was registered Wednesday following its decline off the 1.5842 higher was seen wiping out those gains in early morning trading today suggesting its weakness highlighted in our previous analysis could see it targeting...  read more
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Elliott Wave and Fibonacci Predictions: USD/JPY

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

Today I checked out the USD/JPY charts, to see on which way is this pair… and maybe we could be very near to the resistance zone, which could push prices down in to the new lows., Especially if you look at the monthly chart, where we can see tha...  read more
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Dollar / Yen Tests 108: Additional Resistance at 108.60

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

We are reiterating what we wrote yesterday when we presented the new count. “The USDJPY rally has gone through 107.20 so we need to look at other counts. One decline treats the drop from 124.13-95.72 as a W-X-Y decline (7 waves, which is correct...  read more
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Eur/$, Take Profits and Shift Strategy ?

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

In eur/$, the bigger picture view remains unchanged as trade from the April high at 1.6015 is seen as a large correction, with eventual new highs above 1.0615 after. Strategically, been suggesting to fade the extremes of the shorter term range and...  read more
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Chart Of The Day: GBP/USD

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

Price action on the GBP/USD 4-hour chart, as shown, is approaching a very significant horizontal support level. This level resides around the 1.9350 region, which has been well-respected by at least three very precise bounces since the beginning o...  read more
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Teetering... Timber?

posted by Avatar ooogleemooglee 1444 days ago in Technical, Daily

The British pound is precariously perched on near a key Fibonacci retracement level... and testing key chart support between 19400-50. Background fundamentals continue to deteriorate in Britain. And Prime Minister Brown is taking flak from many qu...  read more
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Dollar Retreats Slightly On Equity Weakness, But Rebounds In Overnight Trading

posted by Avatar wiredprg 1444 days ago in Fundamental

The dollar fell on some modest profit taking yesterday, following a steep rally. However, overnight the Greenback fought back, despite ongoing weakness in global equities. It seems markets are afraid to be dollar short ahead of the G-8 weekend, fo...  read more