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Fundamental AnalysisThe volatility for the GBP/USD pair remains low, as most investors are not interested to bet heavy ahead of the important economic GDP data due at 08:30 GMT. The forecast for this...
On April 9, '13 we had called to buy GBP/USD at 1.5294. GBP/USD has a speculator rally after GDP data. We decide to take profit on this trade. Closed GBP/USD at 1.5436, profit is 142 pips.
We’ve been trading up under the 100 level in USD/JPY all week -- it’s time for either a test of that level or a steep consolidation as there is too much anticipation out there for the pair...
News from the Eurozone once again was poor yesterday. German IFO business confidence fell to 104.4 from 106.7, which missed the already negative expectations. Measures for the current climate and...
The euro fell to a new 2-week low against the US dollar after German IFO business climate survey came in worse than was expected. The release disappointed at 104.4 for April, a 3 month low....
The GBP/USD pair has surged up on stronger-than-expected data this morning. It is rising within a channe,l and will probably continue higher until it reaches resistance from the upper channel line at...
The break of the H&S neckline yesterday failed to to follow-through to the downside. Instead, the pair printed a strong bullish hammer on the hourly chart before beginning to rise. This led to a...
Yesterday’s EURUSD Signal Result: False breaks and market volatility continues to pester us in the latter half of April, but we will stick with our SwingPRO system – as we have done for 5...
Market Drivers for April 25, 2013UK GDP blows past estimates taking cable through 1.5400High beta rallies against the dollar across the boardEurope -0.2% Nikkei 0 .6%Oil $91.67/bblGold $1443/oz.Europe...
The U.S. Dollar traded mixed but fell against the Yen following the release of weak Commerce Department metrics which showed that Orders for Durable Goods dropped more than predicted. According to the...