EURUSD breaks through $1.34 resistance
The euro continues to defy its detractors and critics, surging ahead in this morning’s trading session against the US Dollar, the British Pound, the Swiss […]
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USDJPY set to breach 90 once again
Following a period of sideways consolidation over the last few days above the 88 price region, the USDJPY now looks set for a further attempt […]
GBP USD Chart Analysis 21 Jan 2013
Cable’s recent fall from grace was further accelerated on Friday which saw the pair plunge lower breaking back below the psychological 1.60 price point to […]
EurUsd Technical Analysis 9 Jan 2013
The 1.33 price point for the eurodollar now appears to be a formidable barrier, following the three consecutive failures at this level with the most […]
Forex Technical Analysis AudUsd 7 Jan 2012
With little fundamental news in Europe today forex traders may wish to focus their attention on the commodity dollars and in particular on the Australian […]
Dollar Index Outlook 3 Jan 2013
The dollar index continues to trade in a relatively narrow range which has been in place since early September 2012. The floor of this range […]
Aussie Dollar Outlook 3 Jan 2013
The key technical level for the aussie dollar on the daily chart remains the 1.0600 level which saw the pair fail at this level on […]
USD CAD Forecast 3 Jan 2013
As we start another trading year the usdcad pair has begun 2013 in much the same vein as it ended 2012, looking decidedly weak having […]
Eurodollar Forex Analysis 2 Jan 2013
As we enter a new trading year the eurodollar is delicately poised below the 1.3300 price point, following a sustained period of sideways price action […]
GBPUSD Forex Forecast 2 Jan 2013
The pound dollar retreated into its shell ahead of the new year, largely promoted by an isolated pivot high on the 19th December 2012 at […]
Bullish trend continues for GBP/USD
Cable continued to extend the recent bullish trend further once again today, with the pair breaking above the psychological 1.6200 price point on the daily […]
Aussie dollar forecast
Another day of narrow price action for the AUD/USD, as the pair once again struggled to find any meaningful momentum, trading in a tight range […]
Forex technical analysis – USD/CAD
The USD/CAD continued to move lower in yesterday’s forex session, adding further bearish momentum, following the failure to breach parity in mid November, with the […]
A key relationship for forex traders
Today is yet another crucial day in the ongoing problems in Europe, with heads of state once again battling to reach an agreement to stave […]