Fundamental Supports Technical

Written by Trade Team | 01 March 2010

A valid Market Trend is reinforced through volumes

The Foreign Currencies past performance was undoubtedly been much a surprise to the traders when the GBP/USD and the EUR/USD made their dramatic follow through movement lower touching 1.5150 and 1.3450 respectively that led the EUR/GBP to move higher touching an inital high of 0.8972 before the closing of the week and month of Feb. 26.

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Week of Feb19

Written by Research | 17 February 2010

UPDATE : FX Majors & Cross lost momentum before the FED Rate Hike

The UK unemployment has been the limelight story that the increase on jobless claims have been dragging the growth on the economy. However, in spite of the news the GBP/USD has somehow recovered from their lows 1.5532 to the recent high of 1.5814 for the week of Feb 19 and is currently holding regardless of this news on unemployment at 1.5780 as of this writing.

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USD Reinforced Trend

Written by JS T. Alexander | 04 February 2010

Bullish Vs. Bearish Trends in the making!

The signals were clear when the Obama Administration stepped up its battle with the economy; as there were still mix reports on some of the economic numbers coming out were both negative to positive reports. As investors also shifted their positions at the start of the year.

YouTube URL: http://www.youtube.com/watch?v=hJ339G-Bmp4

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