Featured News
EUR/USD May 24 – German Strength Enough for Double Top
Central bank actions shake up currency markets
EUR/USD Forecast May 27-31
Forex News»
-
EUR/USD May 24 – German Strength Enough for Double TopEUR/USD received a boost from the better than expected German IFO Business Climate. This was enough to send the...on May 24, 2013 15:46
-
Durable Goods Orders Exceed Expectations – Market Getting Ready for HolidayUS Durable goods for the month of April at 3.3%, more than double the consensus forecast of 1.5%. The key driver...on May 24, 2013 15:22
-
Forex Analysis: AUD/USD Declines to Major SupportMay 24, 2013 – AUD/USD (daily chart) has consolidated after its swift decline to major support around the 0.9650...on May 24, 2013 11:59
-
Yen detachmentUSD: Durable goods data is always a bit of a roller-coaster and coming on a Friday, could inspire more volatility...on May 24, 2013 10:21
Opinions»
Central bank actions shake up currency markets
May 24, 2013 12:47-
EURUSD: Downtrend Continuation to 1.2700-Elliott WaveEURUSD made a three wave rally this week. This move has been expected in wave 4, but now the pair is already turning...on May 23, 2013 10:46
-
EUR/USD: Trading the German Ifo Business Climate IndexThe German Ifo Business Climate is a monthly composite index of about 7,000 businesses, which are surveyed about...on May 23, 2013 09:37
-
Abenomics will accelerate Japan’s descent into financial crisisJapanese finance minister Akira Amari sounded warnings this week that the dramatic fall of JPY had gone far enough,...on May 22, 2013 19:09
Majors»
GBP/USD Outlook May 27-31
May 26, 2013 02:06-
USD/JPY Outlook May 27-31To call the past week in USD/JPY “volatile” would certainly be an understatement. The pair reached...on May 25, 2013 18:11
-
EUR/USD Forecast May 27-31EUR/USD managed to recover an remain resilient in a week that saw a lot of turbulence. Can the euro remain stable...on May 25, 2013 15:00
-
Forex Weekly Outlook May 27-31The US dollar already reached new highs, but eventually retreated and corrected after two weeks of strong gains....on May 24, 2013 17:22
Minors»
AUD/USD Forecast May 27-31
May 26, 2013 06:55-
USD/CAD Outlook May 27-31USD/CAD made a push towards the 1.04 line but was unable to sustain the drive and showed little change over...on May 25, 2013 21:15
-
AUD/USD Forecast May 20-24The Australian dollar continues to nose dive, shedding another 260 points this week. AUD/USD dropped close to...on May 19, 2013 14:06
-
USD/CAD Outlook May 20-24USD/CAD posted strong gains at the end of the week, as the pair rose about 160 points last week. There are...on May 19, 2013 11:50
Basics & Industry»
Russian Spring: Insight into the Latest FX Regulation Developments in the Country
May 16, 2013 16:20-
Trading Performance being Hit by Lack of Server Knowledge“A 5 millisecond server delay could cost a firm as much as 4 million USD every millisecond” Technology has...on May 15, 2013 18:56
-
iFXEXPO: FXstreet.com to be a media sponsorFXstreet, one of the largest forex portals, will be a media partner of the iFXEXPO International in Cyprus at the...on May 9, 2013 15:25
-
Trader of the Year 2013 Contest – Registration is OpenThe 6th edition of FXstreet’s Trader or the Year contest is now open for registration. Registration closes...on May 7, 2013 09:53
Recent Articles
AUD/USD Forecast May 27-31
The Australian dollar continues to lose ground against the US currency, and dropped over one cent last week. AUD/USD closed the week at 0.9644. This week’s highlights include Building Permits and Private Capital Expenditure. Here is an outlook of the events and an updated technical analysis for AUD/USD. The Aussie is still feeling the effect a the
GBP/USD Outlook May 27-31
The pound showed some movement in both directions, but ended the week with very modest losses, as GBP/USD close at 1.5122. The upcoming week is very quiet, with just four releases on the schedule. Here is an outlook of the events and an updated technical analysis for GBP/USD. British inflation numbers, including CPI, missed their estimates, and Retail
USD/CAD Outlook May 27-31
USD/CAD made a push towards the 1.04 line but was unable to sustain the drive and showed little change over the week, as the pair closed at 1.0311. This week’s major events are the Overnight Rate and GDP. Here is an outlook on the major market-movers and an updated technical analysis for USD/CAD. The only Canadian numbers last week
USD/JPY Outlook May 27-31
To call the past week in USD/JPY “volatile” would certainly be an understatement. The pair reached new highs only to crash in erratic moves. Speeches by the governor of the BOJ, retail sales and inflation data are the main events this week. Here’s an outlook for the Japanese events and an updated technical analysis for USD/JPY. The 7.32%
EUR/USD Forecast May 27-31
EUR/USD managed to recover an remain resilient in a week that saw a lot of turbulence. Can the euro remain stable or will the talk about the next moves of the ECB weigh on the euro? German retail sales, inflation and employment data in Germany and the Eurozone are the main events this week .
Forex Weekly Outlook May 27-31
The US dollar already reached new highs, but eventually retreated and corrected after two weeks of strong gains. US Consumer Confidence, GDP, employment and housing data are the highlights on out calendar. Here is an outlook on the main market-movers awaiting us this week. The past week saw wild swings as the markets kept guessing
EUR/USD May 24 – German Strength Enough for Double Top
EUR/USD received a boost from the better than expected German IFO Business Climate. This was enough to send the pair above a minor resistance line, but not enough to break 1.30, for the second time this week – a double top. Euro/dollar could not hold on to the gains and drifted back lower. As the
Durable Goods Orders Exceed Expectations – Market Getting Ready for Holiday
US Durable goods for the month of April at 3.3%, more than double the consensus forecast of 1.5%. The key driver of this number looks to be growth in Aircraft manufacturing and non-defense capital goods such as computers and communications equipment. This number lends itself to Bernanke’s comments earlier this week and the idea that
Central bank actions shake up currency markets
After the relative calm of the last few months, we are entering a period of increasing volatility across the currency markets. As risk markets across the developed world have hit new record highs, the currency markets have traded sideways amidst the inertia, and, like waiting for a London bus, two significant announcements turned up on
Forex Analysis: AUD/USD Declines to Major Support
May 24, 2013 – AUD/USD (daily chart) has consolidated after its swift decline to major support around the 0.9650 price region, retesting the lows that were last hit in early June of 2012. This plunge to support effectively originated near the 1.0600 resistance high in early April and has broken down successively below key prior































