Pound Comes Into Focus Today
March 10, 2011 7:27 am by Anton EljwizatWith the release of British interest rates this morning, markets will be focusing on the BOE and how the bank addresses inflation.
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.
EUR/GBP Set for Bearish Correction
March 4, 2011 8:06 am by Anton EljwizatThe volatile of the EUR/GBP pair continues to be affected by the volatile forex market. The last two days has seen a lot of bullish strength in the EUR/GBP pair. However, as I demonstrated below, it seems that the pair’s ...
GBP/NZD-Technical Update
March 3, 2011 5:22 pm by Anton EljwizatThis pair’s sustained upward movement has finally pushed its price into the over-bought territory on the 8-hour chart’s RSI. Not only that, but there actually appears to be a bearish cross on the Slow Stochastic pointing to an imminent downward ...
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.
British Housing and Inflation Data Driving Today’s Market
March 1, 2011 6:00 am by Greg HoldenThe theme in the past week continued to be a weaker dollar. Not all currencies enjoyed this equally – the Aussie and the euro are the big winners, while the British pound and the Canadian dollar are enjoying modest gains. ...
British Pound Outshining Euro in Forex Trading
February 22, 2011 9:00 am by Greg HoldenA slew of recent analyses have shown mixed results for the EUR over the past several days, brought on by speculation surrounding Mid-East unrest; but how has the EUR compared with its British counterpart?
GBP Likely to Extend Bullish Run Today
February 18, 2011 7:00 am by Dan EduardEuropean currencies continued their bullish run during the overnight session, as markets are still being influenced by yesterday's disappointing US Unemployment Claims figure. Analysts are predicting that this trend will continue today, as news from the UK and US get ...
US Unemployment Claims Set to Create Market Volatility on Thursday
February 16, 2011 3:07 pm by Dan EduardThe US dollar has largely benefited from two weeks straight of better than expected Unemployment Claims figures. In addition, generally favorable data out of the US has led to substantial gains for the greenback against many of its main ...
GBP/JPY Uptrend might be in the End
February 16, 2011 8:11 am by Anton EljwizatIn the last three weeks trading, the GBP/JPY experienced much bullishness, as it stands now at 135.40. However as I demonstrate below, it seems that the pair's bullish run may have run of steam, and a bearish correction could be ...