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USD/JPY traded above 100.0 on Friday, but was under threat during early European hours. Nonetheless, price manage to stabilize just around the 100.0 mark, finding support from the rising trendline...
Weekends come rarely as sunny as the one we Brits have enjoyed and all round happiness over the state of the world’s financial circumstances look set to follow. The heady mix of further loose...
EUR/GBP broke higher on Friday and once more the 8633/39 level comes back into focus. Sellers are trying to defend this resistance, but it is looking like buyers are going to be quite stubborn and...
Previously we had shorted USD/SGD at 1.2752, we decide to cut loss on this trade.Closed USD/SGD at 1.2849, loss is 97 pips.
GBP/USD Open 1.4875 High 1.5042 Low 1.4854 Close 1.4876On Friday Pound/Dollar continued decreasing significantly with 185 pips. The Cable depreciated from 1.5042 to 1.4854 on Friday, in line with the...
Following Non-farm payroll reports on Friday, the U.S. Dollar rallied to the highest price in close to three years. The sudden surge was prompted by speculation that better than anticipated Jobs data,...
NZD/USD collapsed spectacularly on Friday, shedding more than 100 pips following the release of NFP numbers. The bearish move was due to the strengthening of USD following a better than expected NFP...
The EUR/USD is poised at a critical neckline for a Head and Shoulders top, at 1.2805!As expected, reinforcing the bearish outside Tuesday and Thursday with a better push through retrace/ chart support...
AU Employment Change is the day’s main focus during the Asian session especially considering recent developments out of China threatening risk sentiments. If we get a strong release, we should...
During Asian trade on Monday, quiet trading throughout most of the session apart from most currencies opening with a small gap as liquidity returned to the market after a long 4th of July...
GBP/USD recently broke down below the support trendline of the daily Up Channel identified by Autochartist – you can see from the following trade opportunity alert that I received recently for...
Australia’s dollar fell toward its lowest in almost three years versus the greenback on speculation the Reserve Bank may cut interest rates as soon as next month.The Aussie extended a three-week...