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USD/CHF has propensity to decline
Wed, 07 May 2014 07:25:34 GMT
 
USD/CHF continues its journey south, where it is expected to meet the 2011 lows, which are located at 0.86 together with the long-term down-trend. >>
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USD/JPY disregards up-trend support
Wed, 07 May 2014 07:25:28 GMT
 
The rising support line that has been in force since the first quarter of 2013 failed to keep the up-trend intact. >>
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USD/SGD 4H Chart: Channel Down
Wed, 07 May 2014 07:25:08 GMT
 
The U.S. Dollar started an accelerating decline against its Singapore's counterpart in the beginning of the spring. The drop has been developing within the boundaries of the 220-bar long channel >>
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XAU/USD 1H Chart: Channel Up
Wed, 07 May 2014 07:25:00 GMT
 
After attaining a two-month low of 1,298.07 on April 24, gold changed its trend and entered an upward sloping corridor, inside which it is vacillating at the moment. Now the >>
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GBP/USD records 100+ pip rally
Wed, 07 May 2014 07:15:57 GMT
 
Despite the different directions implied by the various technical indicators, GBP/USD soared through the nearest resistances and reached the 2009 highs at 1.70. >>
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USD/TRY 4H Chart: Channel Down
Wed, 07 May 2014 07:15:50 GMT
 
A sharp retreat that followed a rally to a multiple-year high of 2.3915 performed by USD/TRY in the beginning of 2014 pushed the instrument into a bearish channel that now >>
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EUR/USD breaks major resistance at 1.39
Wed, 07 May 2014 07:15:07 GMT
 
Instead of declining from 1.39, a multi-year down-trend, the Euro notably appreciated, as was suggested by the technical indicators. >>
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AUD/CHF 1H Chart: Descending Triangle
Wed, 07 May 2014 07:15:00 GMT
 
A 181-bar long descending triangle pattern originated near a six-month high of 0.8324 touched early April. Recently, AUD/CHF has breached the upper limit of the formation. However, the advancement was >>
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Weekly Global Stock Market Review
Wed, 07 May 2014 05:07:11 GMT
 
Weekly global stock market overview of four major regions: U.S., Europe and Asia-Pacific. The overview contains an in-depth fundamental analysis of the above-stated regions, as well as long-term stock-price forecasts. >>
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Community Forecasts for May 5-9: USD/JPY 1W Chart
Tue, 06 May 2014 17:34:03 GMT
 
Last week's non-farm payrolls and unemployment data from the United States appeared to be short-lived. A move to 103.02 was immediately erased by weak factory orders later, while this week's >>
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Community Forecasts for May 5-9: GBP/USD 1W Chart
Tue, 06 May 2014 17:23:04 GMT
 
The cable is trying to reach the 1.70-mark. This level was previously reached almost five years ago. The overall trend is bullish, as the Sterling has been climbing higher versus >>
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Community Forecasts for May 5-9: EURUSD 1W Chart
Tue, 06 May 2014 17:12:03 GMT
 
Following relatively positive data from the European Commission on Monday and on the back of the upbeat statistics from Spain, Europe's fourth largest economy, the most traded currency pair shot >>
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Drishti, one of the most active Community members, on his trading strategy and advice for newbies
Tue, 06 May 2014 17:01:03 GMT
 
I started to trade Forex in 2011. I had traded stock market already in college days, but I began trading Forex due to its timing, as one can trade Forex >>
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Pound gains versus U.S. Dollar on service sector data
Tue, 06 May 2014 16:50:03 GMT
 
The British Sterling increased on Tuesday trading session rising by the most in a four-week period versus its U.S. counterpart after an industry report showed that service sector in the >>
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Brazil's inflation weakens in March
Tue, 06 May 2014 16:39:02 GMT
 
Inflation measured as producer price index in Brazil eased in March after recording a month of acceleration, the latest figures revealed by the statistical office IBGE unveiled on Tuesday. According >>
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