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Forex News»

  • GBPUSD: Susceptible With Caution
    GBPUSD: Susceptible With Caution
    GBPUSD: With continued downside pressure seen the past week, further downside is likely though a correction could...
    on Jul 28, 2014 16:15

Opinions»

Bubbling inflation risks could create new dilemmas for central banks

Bubbling inflation risks could create new dilemmas for central banks

Jul 25, 2014 14:11
Inflation risks in the world economy could be ratcheting up, despite the winding down of the US Federal Reserve’s quantitative easing programme posing a new dilemma for...

Majors»

GBP/USD Forecast July 28-Aug.1

GBP/USD Forecast July 28-Aug.1

Jul 27, 2014 19:56
GBP/USD took a tumble last week, as the pound coughed up over a 100 points and slipped below the 1.70 level. The pair closed the week at 1.6964. This week’s...
  • USD/JPY Forecast Jul. 28 – Aug. 1
    USD/JPY Forecast Jul. 28 – Aug. 1
    USD/JPY rose from the lows approaching the well known 102 line once again in a week that saw lots of dollar strength....
    on Jul 27, 2014 12:25
  • EUR/USD Forecast Jul 28-Aug 1
    EUR/USD Forecast Jul 28-Aug 1
    EUR/USD lost ground for another week and reached levels last seen in November 2013. Will it continue lower? Inflation...
    on Jul 26, 2014 15:00
  • Forex Weekly Outlook Jul. 28 – Aug. 1
    Forex Weekly Outlook Jul. 28 – Aug. 1
    The US dollar advanced nicely in a week that saw mixed data. A triplet of top tier US events dominates the scene:...
    on Jul 25, 2014 19:59

Minors»

NZD/USD Forecast Jul. 28 – Aug. 1

NZD/USD Forecast Jul. 28 – Aug. 1

Jul 28, 2014 18:24
The New Zealand dollar was hit hard despite a rate hike. Where will it find a bottom? As the calendar is light, the kiwi is likely to continue digesting the words coming...
  • AUD/USD Forecast July 28-Aug. 1
    AUD/USD Forecast July 28-Aug. 1
    AUD/USD was unchanged for a third consecutive week, as the pair closed at 0.9384. This week’s highlight are...
    on Jul 27, 2014 14:53
  • USD/CAD Forecast July 28-Aug. 1
    USD/CAD Forecast July 28-Aug. 1
    The Canadian dollar sagged on Friday, as USD/CAD pushed above the 1.08 level, closing at 1.0803. On the release...
    on Jul 27, 2014 14:09
  • AUD/USD Forecast July 21-25
    AUD/USD Forecast July 21-25
    AUD/USD was unchanged for a second straight week, as the pair closed at 0.9382. This week’s highlight is...
    on Jul 20, 2014 14:14

Basics & Industry»

Beware of No Dealing Desk (NDD) Forex brokers

Beware of No Dealing Desk (NDD) Forex brokers

Jul 28, 2014 09:30
You would have to be pretty ignorant not to notice that majority of retail Forex brokers are currently using a sales/promotion tactic which defines them as a ‘no dealing...

Recent Articles

NZD/USD Forecast Jul. 28 – Aug. 1

NZD/USD Forecast Jul. 28 – Aug. 1

The New Zealand dollar was hit hard despite a rate hike. Where will it find a bottom? As the calendar is light, the kiwi is likely to continue digesting the words coming out of the central bank. Here is an analysis of fundamentals and an updated technical analysis for NZD/USD. Yes, the RBNZ hiked the interest rate

GBPUSD: Susceptible With Caution

GBPUSD: Susceptible With Caution

GBPUSD: With continued downside pressure seen the past week, further downside is likely though a correction could occur in the new week. On the other hand, support lies at the 1.6921 level where a break will aim at the 1.6900 levels. A break of here will turn attention to the 1.6850 level. Further down, support

Forex Analysis: AUD/USD Continues Range Trading within Bullish Trend

Forex Analysis: AUD/USD Continues Range Trading within Bullish Trend

July 28, 2014 – AUD/USD (daily chart) has remained in a relatively tight consolidation within the past four weeks after hitting a 2014 high just above 0.9500 in the beginning of July. This consolidation has generally fluctuated around the 50-day moving average, and well above the 200-day moving average. Since that year-to-date high, the currency

Calm Before the Storm Lulls Markets

Calm Before the Storm Lulls Markets

The busy upcoming week for financial markets has started off quietly, with traders and investors keeping asset classes within tight ranges overnight as they look ahead to an economic calendar later in the week that is chalked full of event risk.  Most of the focus for market participants will be on the United States this

EUR/USD and USD/CAD Intraday: Elliott Wave Analysis

EUR/USD and USD/CAD Intraday: Elliott Wave Analysis

The USD was on the rise last week, so we definitely expect an even stronger USD in the days ahead. However, on EURUSD we see the market falling now within wave v of iii) so we should be aware of a corrective rally after five waves down to 1.3485. There is also a divergence on

EUR/USD July 28 – Clings to the bottom as busy week begins

EUR/USD July 28 – Clings to the bottom as busy week begins

EUR/USD opens the new trading week very close to the lowest points seen in recent times – the lowest levels since November 2013. A very busy calendar of events awaits along the road, but today’s one is rather light – the calm before the storm.  Here is a quick update on what’s moving the pair. EUR/USD

Dollar remains currency of  the month for July

Dollar remains currency of the month for July

As we enter the last few days of July we can safely say that it’s been the dollar recovery that’s been one of the outliers of the month.  The dollar index is up almost 2%, past June’s highs and closing in on the 2014 high and it’s the euro that’s felt the brunt of this

Beware of No Dealing Desk (NDD) Forex brokers

Beware of No Dealing Desk (NDD) Forex brokers

You would have to be pretty ignorant not to notice that majority of retail Forex brokers are currently using a sales/promotion tactic which defines them as a ‘no dealing desk’ broker. Even without any knowledge about Forex brokers most people think this is a good thing without really knowing why. Before we get into this,

EURUSD: Vulnerable, Targets Further Downside With Caution

EURUSD: Vulnerable, Targets Further Downside With Caution

EURUSD: Outlook for EUR remains lower following a bearish price extension the past week. Corrective may occur in the new week. Support lies at the 1.3000 level where a break will expose the 1.3350 level. Below here will pave the way for a move lower towards the 1.3300 level. If this continues, expect further downside

GBP/USD Forecast July 28-Aug.1

GBP/USD Forecast July 28-Aug.1

GBP/USD took a tumble last week, as the pound coughed up over a 100 points and slipped below the 1.70 level. The pair closed the week at 1.6964. This week’s highlight is Manufacturing PMI. Here is an outlook for the main events moving the pound, and an updated technical analysis for GBP/USD. British releases were positive last week, led by GDP which posted a strong