Sterling Tumbles on BoE Deflationary Warning
June 22, 2011 2:16 pm by Russell GlaserSterling fell sharply after the BoE meeting minutes showed the central bank is shifting its concerns to deflationary forces rather than inflationary pressures.
NOK Could Rise on Interest Rate Differentials
June 21, 2011 11:53 am by Russell GlaserTomorrow the Norges Bank will release its key policy rate decision and Monetary Policy Report. Expectations are for the Norwegian central bank to hold rates steady but to signal its intention to continue on its current path of monetary policy ...
GBP/USD – Head and Shoulders Chart Pattern
June 16, 2011 10:39 am by Russell GlaserThe daily chart for the GBP/USD shows a potential head and shoulders reversal pattern.
EUR/SEK – Breakout Higher
June 14, 2011 3:07 pm by Russell GlaserFollowing a period of consolidation and a subsequent breakout higher the euro is putting in solid technical gains in the EUR/SEK.
Weekly Technical FX Preview – Dollar Strength Could Continue Versus Euro and Sterling
June 13, 2011 8:25 am by Russell Glaser
Prepping for the ECB Press Conference
June 9, 2011 11:07 am by Russell GlaserConsensus estimates are for ECB President Jean-Claude Trichet to signal an interest rate hike in July by using the catch phrase, “strong vigilance”. The risk remains for the ECB to disappoint investors by pausing again, as was the case in ...
EUR/USD Potential Short Setup
June 7, 2011 10:38 am by Russell GlaserThe EUR/USD is moving higher towards its previously broken trend line which could allow for a potential short setup.
EUR/SEK – Triangle Consolidation Pattern
June 2, 2011 10:07 am by Russell GlaserThe EUR/SEK is consolidating in a triangle chart pattern. Based on the long term trend of the pair the next move may be to the downside.
FX Technical Analysis – AUD/NZD – More Downward Pressure
May 26, 2011 9:22 am by Russell GlaserFollowing today’s sharp appreciation ofthe New Zealand dollar the AUD/NZD made a breach below a key support level.
