GBP/USD Analysis (September 15)
With a new fresh low near 1,57 (breaking below july low) the Cable looks very bearish and the decline will probably accelerate over the coming weeks.
Month: September 2011
EUR/USD Analysis (September 15)
The pair is consolidating since the beginning of the week after a new fresh low at 1,35 now being support.
US Data Set to Dominate Thursday’s Market
With another unusually intense news day ahead, traders are anxiously awaiting the large string of reports out of the US which should clear up the picture somewhat in regards to inflation, manufacturing, and industrial production.
When the Market Gives Ranges, Trade Ranges!
Amongst traders, the market condition that is, oftentimes, most neglected just so happens to be the condition that can seem to be most prevalent.
USD/CHF Analysis
Greetings. Let’s take a look at the USD/CHF daily chart.
Forex-Metal Daily Analysis – 14/09/2011
European crises is spreading in Europe and the euro stays under pressure. Asian and European trading sessions: Euro: The Euro was trading near its maximums during the Asian session. Further strengthening of Euro currency was constrained by...
US Economic Optimism Rises in September
Data on American economic optimism yesterday signaled an uptick in outlook from the previous month, as reported by IBD/TIPP. The news has done little to the forex market, however, though it could ripple through longer-term analyses on...
USD/CAD Technical Analysis September 14, 2011
USD/CAD continues to meander in a 200 pip range as it falls on Tuesday. The pair looks like it is waiting for something big to happen, and we believe that is a bull move in the oil...
AUD/USD Technical Analysis September 14, 2011
The AUD/USD pair had a whipsaw kind of day on Tuesday as traders simply didn’t know which direction to trade most of the world’s markets. The pair is a proxy for risk, so this isn’t a surprise.
USD/CHF Technical Analysis September 14, 2011
The USD/CHF pair continues to drift around the 0.88 handle as traders have abandoned shorting the Swiss Franc. The USD had a fairly poor day on Tuesday, and as a result, this pair didn’t move again. In...