GBP/CHF – Testing 1.5039 Resistance
January 11, 2011 8:00 am by Greg HoldenThe GBP/CHF, after experiencing a moderate upturn, appears to be leveling off as it meets its first significant resistance level at 1.5039.
GBP in the Spotlight with Asset Purchase Facility and Official Bank Rate
September 9, 2010 9:43 am by Greg HoldenThe EUR has been falling against a number of its currency rivals over the past day-and-a-half due to a sudden rise in risk aversion. However, yesterday’s successful debt auction in Poland and Portugal helped add a minor boost to the ...
Be Prepared! British CBI Realized Sales Tomorrow At 10:00 GMT.
May 26, 2010 1:47 pm by Anton EljwizatWe at ForexYard, encourage our customers to get involved in the most intense market events. As such, we think you should know that British CBI Realized Sales figures are expected tomorrow, May 27th, 10:00 (GMT), and you need to be ...
British Interest Rate Announcement due Today
May 10, 2010 8:19 am by Yan PettersAfter an extraordinary trading week, which included a 14-month low for the EUR/USD and an abnormal bullish trend for the Yen, the Euro-Zone appears to have confirmed the Greek bailout package. The package includes a $643 billion loan for the ...
Despite Unemployment Claims, Dollar Remains Strong
February 25, 2010 8:32 pm by Dan EduardU.S. unemployment claims came in higher than forecasted today, lending support to Fed Chairman Bernanke's testimony yesterday that America still faces an uphill road to economic recovery. The jobless number came in at 496K, slightly higher then the ...
GBP/USD May See Downward Correction
January 11, 2010 12:47 pm by Greg HoldenOn the technical charts, the GBPUSD is one of the first pairs to begin showing signs of a correction to last Friday's sharp upward movement. The chart below is the hourly chart by ForexYard. The indicators used are the Relative ...
The EUR Turns Bearish on Waning Risk Appetite
November 19, 2009 11:55 pm by Natalie R.The single Euro-Zone currency slid broadly on Thursday as investors' revived safe-haven demand for the U.S. and Japanese currencies accelerated the EUR losses.
Potential Reversal for GBP/CHF
November 18, 2009 3:53 pm by Yan PettersThe GBP/CHF pair provides strong signals for a possible change of trends. The pair is reaching towards a support level at the moment. If the level is breached, the downward move is likely to extend.
