Scandinavian Kroner Reaching Tipping Point vs. USD?
May 17, 2011 6:35 am by Greg HoldenLooking over the fundamentals tells the story of an ascendant Scandinavia in the currency world. The Swedish krona (SEK) and Norwegian krone (NOK) are among the globe’s highest yielding currencies from a fundamental standpoint. But why then does the technical ...
AUD/USD Rally Impending
March 9, 2011 7:30 am by Greg HoldenA brief look over our technical charts reveals a possible opportunity to earn a quick buck on the AUD/USD.
Stockholm or Bust: Sweden’s Powerhouse Economy
March 8, 2011 11:00 am by Greg HoldenA variety of articles have analyzed the rising strength of the Swedish krona (SEK) to point of exhaustion. A key aspect emphasized, though – as is usual in this global economic environment – is caution. But is caution warranted when ...
GBP/CHF Bouncing Off 1.5000 Support Line
March 8, 2011 7:30 am by Greg HoldenThe GBP/CHF has recently found solid support at the 1.5000 price level. Technical indicators, and the pair’s general trend, now seem to suggest a steady upward movement is expected.
Canadian Economic Recovery Beating Out Forecasts
March 7, 2011 2:00 pm by Greg HoldenThe release of a 3.3% growth in Canada’s GDP for Q4, 2010, appears to show moderate strength returning to Canada’s economy, above what was previously expected.
Non-Farm Payrolls Report to Drive Today’s FX Trading
March 4, 2011 7:00 am by Russell GlaserAll eyes will be fixed on the US jobs report due out today.
EUR/CAD Consolidating, Limited Bullishness Expected
March 3, 2011 7:30 am by Greg HoldenSince the start of 2011, the EUR/CAD has been fluctuating within an ever-tightening range. The consolidation point for this trend appears to be just below 1.3600.
Volatility Expected Day Before Friday’s NFP
March 3, 2011 7:00 am by Anton EljwizatThe EUR experienced one of its most bullish trading days in recent weeks on Wednesday. The EUR made significant gains against many of its most traded currency pairs, such as the GBP, JPY and USD.
AUD Toying with Key Resistance Levels
March 2, 2011 11:00 am by Greg HoldenFor those watching, the persistent rise of the Australian dollar (AUD) was given impetus recently by soaring commodity prices. With Australia’s economy linked with the price of precious metals, the climb in Gold and Silver has been met by a ...
Silver’s Price Moves: Anticipating a Fall?
February 25, 2011 11:00 am by Greg HoldenAfter this past week’s surging price of precious metals, traders appear to be expecting some level of retracement in value for Silver.
