Forex News Trader

Dollar Up Slightly - Breakout Warnings Abound

The EURUSD is in a congestive state that will eventually break. Evidence warns of a sharp dollar advance, so the break could very well be

AUD/USD: Trading the Australian GDP Report

Economic activity in Australia is expected to improve throughout the second-half of the year as economists forecast the growth rate to expand 0.2% in the... ...

Forex Correlations (September): Market Participants Slowly Shifting Their Focus from Risk to Growth

Through the close fundamental ties between the Euro Zone, UK and Swiss economies; we would expect to see a significant correlation develop in their respective... ...

EURUSD Fibonacci Time Relationships

An interesting Fibonacci time relationship currently exists in the EURUSD. The all-time high was in July 2008. The next significant low was 3 months from... ...

EURUSD Range a Risky and Timely Setup

A sharp rally in the dollar and Japanese yen this morning has marked a sharp deterioration in risk appetite. We have been waiting for a ...

Euro Crosses

-EURGBP faces strong resistance -EURCHF at 200 day SMA -EURAUD and EURNZD have formed bullish bases ...

Australia Keeps Rates on Hold, Says Loose Monetary Policy "Appropriate" (Euro Open)

The Australian Dollar fell as the Reserve Bank of Australia kept interest rates on hold at 3% and said that accommodative monetary policy remains “appropriate”,... ...
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