AUD/USD Outlook
Hello. What a long weekend. Leonard Lewis and I had a great presentation at the International Trader’s Expo for C2FX Forex Trade Sheet. For those of you that were attendance, thanks for stopping by.
Category: Daily Forex Reports
EUR/USD Technical Outlook by AceTrader
EUR/USD – 1.3387.. The single currency was under initial pressure in Asia y’day on concern over eurozone debt contagion,
Daily FX Market Outlook-24-11-2010 by AceTrader
Market Review – 23/11/2010 23:07 GMT Euro tumbles on N.Korea and debt worries The single currency fell sharply across the board on Tuesday as the news of exchange of shelling between North and South Korea prompted risk...
Ireland echoed, US economy improved.
Concerns about Ireland once again reverberated and knocked EUR index off. Sharp downward movement on the main pair was for the most part driven by an information issued by Moody’s, stating that Irish rating is, in all...
GBP/JPY Elliott wave count and Fibonacci levels, November 23, 2010
GBP/JPY has developed wave C (or 3) of daily degree 129.82-134.19, now corrective wave 4 is developing. At the moment the corrective wave has 3 subwaves – A-B-C (colored red in the chart). The targets of the...
An Eye on Europe
GBPJPY The GBPJPY continues to offer excellent trading opportunities within its well structured channels. Price has steadily risen in a price channel for the past month, offering several low risk trade entries. Traders should take note of...
Forex daily analysis
USD/JPY: Since this resistance is some kind of barrier for the pair, an opportunity to go “Short” might be created. NZD/USD:It is important to notice the pair is still uptrend oriented. The bullish envelope template, which is...
USD & EUR – Who Is Next In Europe?
The Irish banking and debt crisis took a turn for the worse and pushed the EUR lower on Monday against most currencies. The USD found itself back at highs against the EUR as Irish government officials started...
GBP – Exposure To Ireland A Question
The Sterling lost ground to the USD on Monday under a EUR centric cloud certainly, but it must be pointed out that the U.K. has a large amount of exposure financially in Ireland through banking and this...
JPY & AUD – Korean Situation Must Be Monitored
The JPY remains in a consolidated mode as of this morning. There have been initial reports from South Korea that there has been an escalation of troubles between the two Koreas. This situation will have to be...