February 12, 2014
EUR traded on the topside 1.3680 and offered up strong resistance and capped several attempts to break higher yesterday whilst on the downside you have 100dma at 1.3612 ahead of the 1.3600 handle. It has broken those levels and is testing the next support at around 1.3550. We are looking at the downside to 1.3477… View Article
February 12, 2014
Today at 10:30am we had the release of the Inflation report from the Bank of England. This was something that traders were looking towards to see if we could get any more information on what the central bank were thinking and whether they would give the markets any more with regards forward guidance. It was… View Article
February 11, 2014
11/2/14 (13.30 pm). Gold increased for a fourth successive day as the conditions in this market have increased investors desire for gold as an alternative investment. They rose during the session on Monday managing to overcome the 1270 handle testing the 1280 level and rallied reaching levels slightly below the 1290 resistance level closing at… View Article
February 11, 2014
Our trades are still on from yesterday and even though the dollar has fell against both EUR and AUS we haven’t reached our targets. The EURUSD is trading at around 1.36700 and is just 30 pips of our take profit. As this is the bigger sized position we have decided to take off some of… View Article
February 10, 2014
Good morning, A quiet Monday as per usual after the NFP. So just a quick one with the outlook for the week. Cable has been pushed down to around 1.64 and has been trading around that all day. Wait for a clear movement and direction before entering. The longer term view is still bearish and… View Article
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