Forex Strategies

GBP/USD

GBP/USD Cable held support at 1.6220 and travelled higher. We still have the downtrend line we have been watching and this again comes in around

Daily Outlook for EURUSD

The EURUSD pair is entering crucial territory now. It has been showing some very good strength over the last week and it now threatens a ...

Chart of the Day – GBPUSD

Daily We are still in an ascending channel which is now getting squeezed towards the edge and the previous high (1.6756 – 1.6125). The Moving ...

Rallying Stock Markets Depress the USD

The positive finish of world stock markets last week put a lid on the USD again because of inflationary fears first becoming real in the ...

Euro vs Dollar Fundamental News

With little in the way of fundamental news on the economic calendar, for either Europe or the US today, trading in the euro to dollar, ...

Mixed bag in banking news: positive JP Morgan results but likely CIT bankruptcy

Looking for a trend in improving US manufacturing surveys with today's Philly Fed after strong Empire survey. MAJOR HEADLINES – PREVIOUS SESSION New Zealand Jun. ...

Intel forecast sparks desperate global rally in risk

Recovery hopes on earnings suddenly burn bright again - will this move fade as quickly as all of the other ones of late? MAJOR HEADLINES ...

German Bund & Bobl, Schatz

German Bund Sept Contract Well....Bunds attained target of 121.24 and broke even lower through 121.16 for 121.05 closing at the lows. Now the target has ...

STG / EURO

STG / EURO Stg/Euro faltered ahead of its downtrend line and has come lower. There is support from a shorter uptrend line and this comes ...

Asia again hesitates to take risk to the next level

China data generally above forecast, but a few greasy spots on the road? MAJOR HEADLINES – PREVIOUS SESSION US Jun. CPI out at +0.7% m/m ...
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