Read More New Zealand Dollar Overbought, Fundamentals To Fuel Major Correction
Posted in FX News | Tagged correction, dollar, fuel, fundamentals, major, new, overbought, to, zealand
The oil markets are absolutely crucial for the CAD most times, and it seems especially so now. Both the oil markets and the USD/CAD look like they are going to be choppy at best. The real hurdle for this pair is the 1.03 level. … 26 Vote(s) Read More Weekly Forecast of Major Pairs
Posted in FX News | Tagged Forecast, major, of, pairs, weekly
* USD/JPY – Optimists in EUR may be the pessimists in JPY, which means the all time low of 75.83 is well within reach of the current move. * EUR/GBP, GBP/USD – GBP has lost most of its own momentum while activity feeds off the machinations in EUR, … 41 Vote(s) Read More Psychology Strategy [...]
Posted in FX News | Tagged for, major, markets, psychologystrategy, today
US dollar is seeing some strength today, gaining as risk aversion makes an appearance. Concerns about the eurozone, as well as speculation about what Ben Bernanke will say about the economy when he testifies before Congress today, has many forex traders and investors a little nervous. (…)Read the rest of US Dollar Strengthens Against Most Major Currencies (137 words) Posted on Forex News. [...]
Posted in FX News | Tagged against, currencies, dollar, major, most, strengthens, us
In an unexpected burst of momentum in the final hours of trading this past Friday, the euro tumbled to the threshold of major support against its US and British counterparts (two of the currency market’s most liquid pairs). This puts the world’s second most liquid currency at immediate risk of a extraordinary plunge to start [...]
Posted in FX News | Tagged a, as, euro, event, major, massive, of, on, rises, risk, the, tumble, verge
To relieve funding pressures at European banks, the major European central banks and the BoJ will be conducting dollar liquidity operations in co-operation with the US Fed. This relieves the immediate pressure and encourages USD sell-off – but for how long? Read More Major Central Banks to Conduct USD Liquidity Operations
Posted in FX News | Tagged banks, central, conduct, liquidity, major, operations, to, usd
The latest break below the July lows reinforces our longer term outlook for a more significant depreciation in the currency… Read More EUR USD Classical Euro In the Process of Major Structural Shift
Posted in FX News | Tagged classical, euro, eurusd, in, major, of, process, shift, structural, the
The broad based acceleration in USD gains continues into the new week and we expect this trend to remain in place for a while. Read More Technical Outlook for Major Currencies September 12, 2011
Posted in FX News | Tagged 12, 2011, currencies, for, major, outlook, september, Technical
Markets have been quite busy in recent weeks and technical developments are starting to warn of a major structural shift. Take a look inside for insight into our directional bias over the coming weeks and months. Read More MediumTerm Technical Outlook for Major Currencies and Crosses
Posted in FX News | Tagged and, crosses, currencies, for, major, mediumterm, outlook, Technical
The Euro remains under pressure and could be looking to establish back below the 200-Day SMA for the first time in several months. Read More Technical Outlook for Major Currencies September 6, 2011
Posted in FX News | Tagged 2011, 6, currencies, for, major, outlook, september, Technical
