May 6, 2014
Since last Thursdays poor US GDP miss we have seen nothing but selling, despite a strong US employment number last Friday the market has shrugged this off with genuine fears the US economy could be heading back into recession as the reality of QE not working starts to take fold. We have seen GBPUSD approach… View Article
May 1, 2014
Welcome to May. You know what to do. If you still want to trade though here are the news: EURUSD – range trading between 1.37 and 1.39. Enjoy. Its trading around 1.3880 now…so you know what to do. In a tighter range it has been trading between 1.3780 and 1.39 for about three weeks now…. View Article
May 1, 2014
AUDJPY has been in a recent range between 95.300 and 95.500 and has come now to the center. With the pair not going in one direction more than the other, soon enough it should break out of the range, and it will be sooner rather than later. On the M15 we can see an uptrend… View Article
May 1, 2014
TRY lost ground after disappointed US GDP date, and touched the latest high resistance level of 3.5745. It is remained bearish since last Thursday’s Turkish Central Bank (TCB) interest rate decision.
May 1, 2014
The gold has moved downwards and tested the new low support level of 1279.71. As it has been predicted, the Fed made no changes to its police. The tapering will be carried with same pace as it was, and it will be aiming to finish by the end of this year. Despite the lower than… View Article
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