EUR – Still Strong But Questions Lurk

by bforex.com | October 26, 2010 6:49 am
The EUR has consolidated in range against the USD the past week as it has shown little inclination to give back its gains. Greece continues to spark interest among investors who still hear plenty of warnings that...

GBP – Sterling Waits For Prelim GDP Data

by bforex.com | October 26, 2010 6:45 am
The Sterling has underperformed the past week and a half compared to the other major currencies when gauged against the USD. The reason for this is because the U.K. is known to be struggling with its stated...

JPY & AUD – Bank Of Japan Looming

by bforex.com | October 26, 2010 6:44 am
The JPY continued to find itself moving towards the strongest realms of its value against the USD on Monday. Trading has been fairly consolidated within the Japanese currency and many investors are keeping their collective eyes on...

Respecting the Moving Averages

by bforex.com | October 19, 2010 7:58 am
EURJPY The beginning of a downtrend appears to be forming in the EURJPY, with the first confirmation of lower highs and lower lows. Prices bounced off the 200 EMA on the 4 hour chart, but are unlikely...

USD – Manipulation, But From Who?

by bforex.com | October 15, 2010 7:52 am
The song has remained the same the past two trading days. The USD continues to show weakness and face stiff tests from the other major currencies as the greenback essentially has been put under pressure (apparently willfully)...

EUR – Single Currency Sustains Momentum

by bforex.com | October 15, 2010 7:51 am
The EUR has sustained its pace against the USD and it has done this even as economic data from Europe continues to turn in lackluster results. Even as some nations within the continent have been rocked by...

GBP – Dollar Centric And Strong

by bforex.com | October 15, 2010 7:50 am
The Sterling has climbed to highs against the USD and finds itself within a historically known value. Like the EUR the GBP does have many issues that have not gone away regarding its own financial foundations, but...

JPY & AUD – Values Continue To Find Backing

by bforex.com | October 15, 2010 7:49 am
Like a song that keeps playing on the radio, the JPY and AUD continue to go to highs against the USD in what has become a consistent theme. A strong JPY does Japan’s export companies no good...

Aussie Dollar Up While CHF Waning

by bforex.com | October 14, 2010 7:39 am
EURJPY On the 4 hour, the EURJPY traded in a rising channel for 4 weeks, from mid September until this week. Prices have now broken through the channel, and after a quick test of the channel as...