GBPUSD Daily Forecast
Thursday, July 23rd, 2009Today’s analysis shows that the sterling is at a crossroad. We are beginning to see a head and shoulders formation from the 4-hourly timeframe as shown on price chart at 1.6516 resistance line. Linear Regression still looks bullish but will the pair break out of this range?
GBPUSD Fell Sharply On Current Account Report
Tuesday, June 30th, 2009Today could be call “the day the wheel fell off” on cable, GBPUSD as it took one step forward and three strides back in its trading activities today on economic reports. Is this the true state of our economy?
3 Reasons For Trading The Pounds
Wednesday, June 17th, 2009Suppose I told you that today is the day the British pound sterling could offering you great opportunities would you have taken my word for it? Would you have contemplated taking the position at all? Did I hear you say yeah with a pinch of salt? Let’s find out why.
EUR Falls Like A Hot Knife
Tuesday, September 30th, 2008Euro, EUR held its ground against the dollar, USD in the morning trades despite the recent events in the US, European traders were very tentative in the morning trades. With volume and volatility thin on books the pair, EURUSD began dripping as European session awaits the US economic reports. The report came better than expected and the ‘EUR falls like a hot knife cutting through butter’.
