Major US News Likely to Shake Up Market Today
January 14, 2011 7:28 am by Anton EljwizatThe US dollar took a significant bearish turn yesterday, following the most recent US Unemployment Claims figure. Today, the dollar will have ample opportunities to recoup the losses it took, as a batch of news is set to create ...
AUD/USD Reversal in the Works
December 21, 2009 7:36 pm by Anton EljwizatThe dollar had an excellent week, its best since February. The USD rose more than 2% against the Australian Dollar. However, it seems that AUD/USD may very well be heading for reversal, as described below. Forex traders can take advantage ...
USD/JPY Freefall Bottoms Out
November 30, 2009 3:46 pm by Anton EljwizatThe USD/JPY pair has experienced much bearishness in the last few days as it currently trades at 86.30. The current bearish trend is expected to come to an end anytime soon, and a bullish correction may be in the making.