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This week will no doubt begin on a quieter note than the past few weeks. Investors will be waiting patiently on the sidelines for Fed Chairman Ben Bernanke’s press conference on Wednesday, and...
Cable is in a very similar situation as the EUR/USD. The recent uptrend is very strong, and allowed this pair to set new long-term highs (the highest levels since the middle of February). Currently...
Last week started with the price putting pressure on the ve,ry important support at 1.3190 – 1.32 and on the uptrend line (blue), which had been helping buyers since the end of May. Buyers...
Asset class prices continue to fluctuate, mostly on the market’s expectation of Fed tapering through QE easing later this year. The degree of ‘swaying volatility’ has already tapered...
After being on the wrong end of the stick last week, the US dollar is fighting back, and has posted gains against the yen. USD/JPY is testing the 95 line on Monday. US data continues to be mixed. Last...
EUR/USD has started the new trading week in quiet mode. The pair has shown little movement since the middle of last week, as it continues to trade in the mid-1.33 range. Taking a look at...
Movements so far this Monday morning have been particularly few on the ground as traders and investors wait on this week’s meeting from the Fed’s FOMC rate setting committee. While no...
EUR/USDEuropean leaders seeking a path to economic growth will focus on the benefits of a trade agreement with the U.S. The European Union said it hopes that Hassan Rohani’s election as...
As you can see from the following trade opportunity alert for USD/CHF, this currency pair recently broke the lower support trendline of the daily Up Channel chart pattern identified by Autochartist....
General Market Commentary: We slowly but surely added to our pip count last week in what has been an incredibly slow month after the ups and downs of last month. Multiple pairs appear poised to make a...
June has been quite a volatile month in the Forex market and it appears that the exchange won’t quiet down any time soon, especially as a string of important global economic reports are due out...
On Friday, the International Monetary Fund lowered its forecast for growth in the U.S. in 2014 from 3% to 2.7%. The stated reason was that the Federal Reserve should be able to better control...