The rising trend line must not be discounted as an opportunity could present itself before the presented set-up. However, we still favor a re-test of support at the 61.8% Fibo level. Read More GBP USDs Threat of Range Bottom, Trade Opportunity
Posted in FX News | Tagged bottom, gbpusds, of, opportunity, range, threat, trade
With economic policy stimuli already at full tilt, no government wants an overvalued exchange rate to slay recovery, and the rival "soft currency" needs are producing some elaborate rhetorical jousting. 8 Vote(s) Read More Race to the bottom with G4 currency rhetoric
Posted in FX News | Tagged bottom, currency, g4, race, rhetoric, the, to, with
Student’s commments: Here are my entry and stop levels on this trade. Stop level, blue line at 128.515 Entry level, gray line at 140.602 Read More Stop Placement Double Bottom
Posted in FX News | Tagged bottom, double, placement, stop
This fact should keep the pressure on Euro re-testing 1.4250/60 support area today. Read More EURUSD Forecast Bearish continues, retesting double bottom support around 14250 60 area
Posted in FX News | Tagged 1425060, area, around, bearish, bottom, continues, double, eurusd, Forecast, retesting, support
The AUD/USD surged to a fresh yearly high of 0.9052 following the unexpected drop in unemployment and has moved than 120% of its daily ATR, while the USD/JPY… Read More Australian Dollar Hits Fresh Yearly High, USD JPY Continues to Search for Bottom
Posted in FX News | Tagged australian, bottom, continues, dollar, for, fresh, high, hits, search, to, usdjpy, yearly
The USD/JPY has finally formed a bottom, narrowly avoiding a retest of July lows in the process. The Dollar is appreciating lightly across Read More USD JPY Finally Forms a Bottom
Posted in FX News | Tagged a, bottom, finally, forms, usdjpy
The Cable has finally found bottom on our 2nd tier uptrend line, logging encouraging movements to the topside as the EUR/GBP pulls back. Despite mixed economic data, investors are choosing to run with the better than expected GDP data from both Britain and the U.S. As we anticipated, the flush of British data is appeasing [...]
Posted in FX News | Tagged 2nd, and, bottom, gbpusd, on, our, surges, tier, touches
Skipton Building Society has called the bottom of the housing market and is forecasting growth in profits this year in spite of a prediction of “further bumps along the road to recovery”. Read More Skipton calls bottom of housing market
Posted in FX News | Tagged bottom, calls, housing, market, of, skipton
