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 ...
Dollar Rises and Oil Drops
July 30, 2009 8:41 am by Yan PettersThe 2 leading trends in the market at the moment are the bullish US Dollar and bearish commodities, especially Crude Oil and Gold. It is very clear that the two trends are highly correlated, thus whenever one of them will ...
US Durable Goods Orders on Tap
July 29, 2009 3:25 pm by Natalie R.After a modest return to risk aversion yesterday following a disappointing Consumer Confidence report, it will be interesting to follow today whether or not this trend will continue. Several indicators due to be released today are likely to influence this ...
USD and Gold Today’s Leading Trades!
July 15, 2009 8:52 am by Anton EljwizatThere are several important events coming out of the U.S. and Europe today, including the U.S Core CPI and FOMC Meeting Minutes. These events always provide for extreme market volatility in the major currency pairs. Traders may find good opportunities ...
Interest Rates and Employment Reports – May 2009
May 6, 2009 8:30 am by Greg HoldenWe at ForexYard always encourage our customers to get involved in the most intense market events. For this week, we believe it necessary that our traders know that interest rate decisions for the GBP and EUR are due Thursday at ...
