August 18th, 2008 by
At -79,438, the British Pound composite COT is the lowest since July 1999. Cable was in a long term downtrend at that point as well, but the extreme bearish…
Excerpt from:
British Pound Speculative Shorts at Highest Since 1999
Posted in Foreign Exchange | No Comments »
August 18th, 2008 by
Forex trading conditions continue to point to breakouts in the US dollar and other major currencies, and we forecast that Breakout and Momentum trades…
See the rest here:
Forex Trading Signals Likely to Outperform On Strong US Dollar Moves
Posted in Foreign Exchange | No Comments »
August 16th, 2008 by
The British Pound saw its worst single-week decline in at least 10 years, as a clear deterioration in Bank of England interest rate forecasts doomed the…
Continued here:
British Pound Forecasts Remain Bearish
Posted in Foreign Exchange | No Comments »
August 16th, 2008 by
Following an early morning test of 1.8520, the British pound finally managed to gain on Friday as the currency remains extremely oversold. In fact, as…
The rest is here:
British Pound Recovers Following Early Morning Test of 1.8520
Posted in Foreign Exchange | No Comments »
August 16th, 2008 by
- British Pound Recovers Following Early Morning Test of 1.8520 - Euro Hits Fresh 6-Month Low
Go here to see the original:
US Dollar: Was the Rise In Consumer Confidence Deceiving?
Posted in Foreign Exchange | No Comments »
August 15th, 2008 by
The British Pound has now fallen for the 11th consecutive trading day?its worst losing streak in the past twenty years of forex trading. The turn in the…
The rest is here:
British Pound Forecast: GBPUSD Could Bounce After Record Declines
Posted in Foreign Exchange | No Comments »
August 14th, 2008 by
Posted in Foreign Exchange | No Comments »
August 14th, 2008 by
The Yen crosses are a violent bunch but there are great opportunities right now. Most notably, the EURJPY may be forming a secondary low.
Read the original:
Yen Crosses are Violent but Present Opportunities
Posted in Foreign Exchange | No Comments »
August 13th, 2008 by
The Euro crosses are bullish on balance. The EURGBP may break higher from a triangle in the next few weeks and the EURAUD is nearing critical 1.74 resistance.
Read more here:
Euro Crosses Bullish on Balance
Posted in Foreign Exchange | No Comments »
August 12th, 2008 by
A countertrend Dollar decline should be underway towards EURUSD 1.5083, GBPUSD 1.5250, and USDJPY 107.90.
Excerpted from:
Dollar Countertrend Decline Should Last a Few Days
Posted in Foreign Exchange | No Comments »
August 11th, 2008 by
GBP/USD Ratio: 2.13 Signal: Bearish
Go here to read the rest:
British Pound Trading Signals Sentiment Extreme
Posted in Foreign Exchange | No Comments »
August 11th, 2008 by
The USD ended last week on a very strong note Friday with the EUR/USD pair collapsing 3 big figures in one session, testing a key psychological level of…
Go here to read the rest:
The Currency Market In The Week Ahead
Posted in Foreign Exchange | No Comments »
August 11th, 2008 by
The Australian dollar has held its historic correlation to the price of gold. On the one hand, you have the US dollar?s clear relationship to broader commodity…
View post:
Forex Correlations Signal that EURUSD, AUDUSD Outlook to Depend on Gold Prices
Posted in Foreign Exchange | No Comments »
August 9th, 2008 by
Though there was no data on hand out of the UK on Friday, the British pound continued its descent versus the greenback.
Source:
British Pound Suffers At Hand of Dollar Rally â?? Critical Support Near 1.90
Posted in Foreign Exchange | No Comments »
August 8th, 2008 by
The Australian Dollar crosses continue to decline, but in a corrective manner. In particular, the AUDCHF should form a secondary low in the next few week(s).
Go here to see the original:
Australian Dollar Crosses Well Into Corrective Declines
Posted in Foreign Exchange | No Comments »