Wednesday, November 19th 2008 17:30
The clock is ticking for a short-term AUDCAD range. For the past few weeks, the pair has worked itself into a very clear and concise range that would be...
Wednesday, November 19th 2008 10:04
FXstreet.com (Barcelona) – The Bank of England has affirmed that its decision to cut its Bank Rate by 1,50% announced in November the 6th was approved unanimously, based on the need to react...
Tuesday, November 18th 2008 7:40
Euro remains weak in forex tradingEUR/USD continues its rangebound struggle on the FX market today. The euro has periodically been attempting to rally in forex trading against the greenback, but it...
Tuesday, November 18th 2008 14:13
FXstreet.com (Barcelona) – Net foreign purchase of long term securities have increased in September to $66.2 billions from revised $ 21.0 billion in August, according to figures by the US Treasury...
Tuesday, November 18th 2008 15:50
FXstreet.com (Barcelona) – The Euro Dollar, as well as the rest of the majors, has been moving in a narrow range for the last hours and the cross is now inside a triangle pattern, according to...
Monday, November 17th 2008 7:21
Greenback declines in the short-term in currency tradingThe U.S. dollar forex trading forecast for the short-term is showing a story of decline. The euro is rallying in forex trading, and the yen...
Friday, November 14th 2008 21:23
US Dollar Strength May Be Tempered By Near-Term Resistance Euro Forecast Dims on Euro Zone Recession Fears, Dow Tumbles Japanese Yen May Rally Through...
Thursday, November 13th 2008 9:44
FXstreet.com (Barcelona) – The European Central bank has released its monthly bulletin where it observes that global economy is slowing down and uncertainty remains at unusual high levels, although...
Thursday, November 13th 2008 10:19
FXstreet.com (Barcelona) – Economic expectations seem to have improved slightly in Switzerland in November although they still remain at levels far from the historical average, according to the...
Friday, November 7th 2008 16:09
- Euro, British Pound Consolidate Losses Post-Rate Cuts, But Long-Term Trends Remain Bearish - Commodity Dollars Surge, Japanese Yen Slips as Volatility...
Thursday, November 6th 2008 12:28
Australian Dollar crosses have found long term support. The pairs are likely to fall into ranges near term though.
Thursday, November 6th 2008 17:53
Our Forex Automated Trading Signals have picked up the Euro against the Japanese Yen using the Range1 system. This long-term trade may be considered to...
Thursday, November 6th 2008 14:06
FXstreet.com (Barcelona) – ECB President, Jean Claude Trichet has warned about global demand to remain dampened for a protracted time while he observed that the outlook for inflation has improved...
Thursday, November 6th 2008 16:04
FXstreet.com (Barcelona) – The Pound has remained in a tight range against the USD despite the aggressive rate cut by the BoE, according to the ActionForex Technical Team: “GBP/USD is still...
Wednesday, November 5th 2008 11:42
The USDCHF is testing a resistance line from late 2005 as well as a shorter term upward sloping resistance line.
Wednesday, November 5th 2008 11:43
The GBPUSD is supported by a long term trendline that dates to 1985 (see purple line at bottom of chart).
Wednesday, November 5th 2008 12:57
The British Pound crosses have dropped into long term support.
Wednesday, November 5th 2008 16:40
Even under normal circumstances, GBPJPY is an extremely volatile pair – and market conditions are still far from normal. Therefore, a short-term range...
Monday, November 3rd 2008 13:22
Long term patterns in the Euro crosses are mixed. The EURGBP presents an attractive opportunity as the pair may be forming an important top.
Monday, November 3rd 2008 16:27
Euro - US Dollar Long-Term Technical Forecast I wrote last month that “the monthly close below the trendline that had contained price since 2002 is enough...
Monday, November 3rd 2008 16:39
US Dollar - Japanese Yen Long-Term Technical Forecast No change since last month: This is a chart that we have focused on time and time again. A 4th wave...
Monday, November 3rd 2008 16:46
British Pound - US Dollar Long-Term Technical Forecast I wrote last month to "expect additional weakness longer term (into at least 1.70)." That forecast...
Monday, November 3rd 2008 16:51
US Dollar - Swiss Franc Long-Term Technical Forecast The USDCHF is in the exact same position as the EURUSD (but as the inverse). The USDCHF is lagging...
Monday, November 3rd 2008 16:56
US Dollar - Canadian Dollar Long-Term Technical Forecast I wrote last month that "the USDCAD break through its long term trendline strongly indicates that...
Monday, November 3rd 2008 17:02
Australian Dollar - US Dollar Long-Term Technical Forecast I wrote last month that "the initial bearish target is .7265." The AUDUSD fell well below there...