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Forex News»

  • FX weekly pivots, currencies to watch and key events
    FX weekly pivots, currencies to watch and key events
    FX Majors Weekly Pivots   R3 R2 R1 Pivot S1 S2 S3 EURUSD 1.3107 1.305 1.2943 1.2886 1.2778 1.2721 1.2614 GBPUSD 1.6855 1.6688 1.6494 1.6328 1.6132 1.5966 1.5769 USDCAD 1.1279 1.1188 1.1068 1.0977 1.0856 1.0766 1.0644 USDJPY 112.59 110.984 109.954 108.392 107.345 105.77 104.744 USDCHF 0.9589 0.9511 0.9457 0.9378 0.9324 0.9246 0.9192   Currencies/Events...
    on Sep 22, 2014 13:44

Opinions»

AUD/USD: Trading the Chinese Flash Manufacturing PMI

AUD/USD: Trading the Chinese Flash Manufacturing PMI

Sep 22, 2014 10:57
Chinese Flash Manufacturing PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their...

Majors»

GBP/USD Forecast Sep. 22-26

GBP/USD Forecast Sep. 22-26

Sep 21, 2014 19:31
The British pound displayed some late-week volatility, as GBP/USD posted sharp gains, albeit temporarily, as the pair was almost unchanged at the end of the week. GBP/USD...
  • USD/JPY Forecast Sep. 22-26
    USD/JPY Forecast Sep. 22-26
    The yen continues to drop, as USD/JPY gained about 160 points last week. The pair closed the week just shy of...
    on Sep 21, 2014 13:57
  • EUR/USD Forecast Sep. 22-26
    EUR/USD Forecast Sep. 22-26
    EUR/USD failed to recover, and eventually fell to a new 14 month low. Is this the pair set to continue declining?...
    on Sep 20, 2014 16:40
  • Forex Weekly Outlook Sep. 22-26
    Forex Weekly Outlook Sep. 22-26
    The dollar had another positive week, advancing against most currencies on the background of the the FOMC meeting....
    on Sep 19, 2014 17:44

Minors»

AUD/USD Forecast Sep. 22-26

AUD/USD Forecast Sep. 22-26

Sep 21, 2014 16:23
AUD/USD continued its losing ways last week, losing close to 100 points, as the pair closed at 0.8922. AUD/USD has now slipped to its lowest level since March. It’s...
  • USD/CAD Forecast Sep. 22-26
    USD/CAD Forecast Sep. 22-26
    The Canadian dollar rebounded last week, gaining over 100 cents against the US dollar. USD/CAD closed the week...
    on Sep 21, 2014 15:25
  • NZD/USD Forecast Sep. 22-26
    NZD/USD Forecast Sep. 22-26
    The New Zealand dollar dropped to new lows. Yes, once again. Can the bleeding stop now? Trade balance is the...
    on Sep 21, 2014 11:01
  • AUD/USD Forecast Sep. 15-19
    AUD/USD Forecast Sep. 15-19
    AUD/USD suffered its worst week in over a year, losing more than 300 points. The pair closed the week slightly...
    on Sep 14, 2014 16:05

Basics & Industry»

How to Use Parabolic SAR in Forex

How to Use Parabolic SAR in Forex

Sep 18, 2014 08:52
One of the most common strategies in forex trading is to follow trends. However, it is often difficult to know exactly when a trend has begun and – equally importantly –...

Recent Articles

Market Movers Episode #16: Risk Reward Ratio, Digesting the Fed and Chinese wobbles

Market Movers Episode #16: Risk Reward Ratio, Digesting the Fed and Chinese wobbles

What is a risk-reward ratio and why is it important? We explain and also discuss the right and wrong way to incorporate the ratio in your system. Why did the dollar rally on the FOMC meeting? 5 reasons are provided and we look forward. Last but not least, we discuss the recent wobbles around China. Welcome

FX weekly pivots, currencies to watch and key events

FX weekly pivots, currencies to watch and key events

FX Majors Weekly Pivots   R3 R2 R1 Pivot S1 S2 S3 EURUSD 1.3107 1.305 1.2943 1.2886 1.2778 1.2721 1.2614 GBPUSD 1.6855 1.6688 1.6494 1.6328 1.6132 1.5966 1.5769 USDCAD 1.1279 1.1188 1.1068 1.0977 1.0856 1.0766 1.0644 USDJPY 112.59 110.984 109.954 108.392 107.345 105.77 104.744 USDCHF 0.9589 0.9511 0.9457 0.9378 0.9324 0.9246 0.9192   Currencies/Events to

The Aussie recuperates

The Aussie recuperates

After the excitement of last week, FX markets are back to reality, which includes fresh concerns regarding the fine balancing act going on in China. Asian stocks and key commodities are starting the week softer, after comments from the Chinese Finance Minister played down the possibility of more stimulus from the government. This is the

AUD/USD to 0.75 says Dr. Doom – 5 reasons

AUD/USD to 0.75 says Dr. Doom – 5 reasons

Nouriel Roubini, also known as Dr. Doom after predicting the global financial crisis, sees dark forecasts for Australia’s economy and says the currency is likely to weaken to 75 cents against the dollar – over 1300 pips from the price at the time of writing. Is the recent fall of the Aussie just the beginning?

EUR/USD Sep. 22 – Recovering from the blows ahead of Draghi’s testimony

EUR/USD Sep. 22 – Recovering from the blows ahead of Draghi’s testimony

EUR/USD is ticking higher in the wake of the new week, but it is only able to recover some of the losses seen late last week. The echoes of the FOMC meeting and the disappointing ECB TLTRO still weigh on the pair. The head of the ECB will testify later on and might provide some volatility. In the US,

AUD/USD: Trading the Chinese Flash Manufacturing PMI

AUD/USD: Trading the Chinese Flash Manufacturing PMI

Chinese Flash Manufacturing PMI (Purchasing Managers’ Index) is based on a survey of purchasing managers in the manufacturing sector. Respondents are surveyed for their view of the economy and business conditions in China. A reading which is higher than the market forecast is bullish for the Australian dollar. Here are all the details, and 5 possible

EUR/JPY Riding on a Monster Trend Line – At Major Turning Point

EUR/JPY Riding on a Monster Trend Line – At Major Turning Point

The Euro suffered a major setback against the US dollar this past week, but somehow managed to hold the ground against the Japanese yen. The main reason for this was the weakness of the Japanese yen across the board. The EURJPY pair is trading around an important level, which is likely to act as a

AUD/USD grinds lower ahead of key Chinese release

AUD/USD grinds lower ahead of key Chinese release

There is no mercy for the Australian dollar. AUD/USD is now trading just above 0.89, continuing the slide that it suffered from last week. Chinese stimulus gave the A$ a shot in the arm, but this faded away quite quickly as the US dollar rallied following the Fed decision. Late in the week, the trend

GBPAUD Prints Massive Reversal Signal at Weekly Resistance

GBPAUD Prints Massive Reversal Signal at Weekly Resistance

The news about the Scottish independence has been ‘the’ hot topic amongst Forex traders this week causing heavily volatility on the GBP markets. As most of you know, I don’t follow the news or fundamentals too heavily. One of the benefits of price action trading is letting the charts communicate how the market ‘feels’ about

GBP/USD Forecast Sep. 22-26

GBP/USD Forecast Sep. 22-26

The British pound displayed some late-week volatility, as GBP/USD posted sharp gains, albeit temporarily, as the pair was almost unchanged at the end of the week. GBP/USD closed the week at 1.6284. There are only 4 events in the upcoming week, but volatility could certainly remain elevated.  The pound took traders and investors on a rollercoaster ride late in the week, courtesy of the Scottish

AUD/USD Forecast Sep. 22-26

AUD/USD Forecast Sep. 22-26

AUD/USD continued its losing ways last week, losing close to 100 points, as the pair closed at 0.8922. AUD/USD has now slipped to its lowest level since March. It’s another quiet week on the release front, highlighted by a speech by RBA Governor Glenn Stevens in Melbourne. Here is an outlook on the major market-movers and an