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Forex Opinion & Analysis

GBP/USD Continued Its Decline
By Dailyfx  - Mar 24, 2014

GBP/USD Technical Strategy: Flat Support: 1.6469 (61.8% Fib ret., trend line), 1.6386 (76.4% Fib ret.) Resistance: 1.6536 (50% Fib ret.), 1.6604 (38.2% Fib ret.) The British pound continued to ...

Ian Copsey
Dollar Losses To Continue
By Ian Copsey - Mar 24, 2014

As I write, in pre-Asian open, I can see EUR/USD poking its head above the Price Equilibrium parapet and USD/CHF below its below the Price Equilibrium floorboards. Given the events over the weekend ...

Franco Shao
GBP/USD Stays In A Downward Price Channel
By Franco Shao - Mar 24, 2014

GBP/USD stays in a downward price channel on 4-hour chart, and remains in downtrend from 1.6785, and the fall extended to as low as 1.6473. Resistance is located at the upper line of the channel, as ...

AUD/USD Resistance At 0.9144
By DAYTRADE PROFIT - Mar 24, 2014

Despite commentary from the U.S. Federal Reserve last week, the AUD/USD finished the week in a strong position to challenge the recent top at .9137. A breakout above this price could trigger a move to...

6 Short Signals For EUR/AUD
By Dailyfx  - Mar 23, 2014

Talking Points: A Preferred Lineup of Indicators Strong Case for Upcoming EUR/AUD Weakness 6 Technical and Fundamental Factors to Consider I’m often asked by retail traders how I go about setting up ...

3 Valid Ways To View the Same AUD/CHF Trade
By Dailyfx  - Mar 23, 2014

Talking Points: "Classic" Pullback on AUD/CHF Weekly Chart Potential for a False Triangle Breakout 3 Confluent Scenarios on the 4-Hour Chart One of the more interesting things about trading the forex ...

James Chen
GBP/USD Poised For Further Decline?
By James Chen - Mar 21, 2014

GBP/USD (daily chart) has approached a full week of general decline that has brought the currency pair down well below its 50-day moving average. Current price action reached a low slightly below the ...

Kathy Lien
What's With USD's Lack Of Follow Through?
By Kathy Lien - Mar 21, 2014

Should Dollar’s Lack of Follow Through Be a Concern? EUR: From Politics to Economics GBP: Week of Steady Losses USD/CAD – Will Positive Data Mean a Top? AUD: Shrugs Off Drop Slowdown in ...

Jay Hawk
Weekly Forex Market Followup: Key Events
By Jay Hawk - Mar 21, 2014

Key Fundamental Forex Events for the Week of March 17th through March 21st The following table lists the key economic data and other events that came out during the week of March 17th through March ...