Technical Factors

Market Reversal . . .

Print PDF

2368635_f260

Or a corrective Mode 2

The technical divergences on the majors held true to its outlook as the fundamental reports on the UK jobless claims falls since 1997 that led the GBP/USD to rally prompting a recovery back to the 1.5380 high from the 1.4975, 1.4870 and 1.4780 during the start of March.

Read more...

Volatility Trades

Print PDF

A Scalper's Haven to Trade!

The much anticipated US Jobs report has been keeping the market at almost in a stand still after a volatile market week from other reports like the Greece announcement of selling their government bonds which was quite well accepted despite of the country's debt problems and jobless claims unexpectedly lower that prompted the USD to move higher.

Read more...

Fundamental Supports Technical

Print PDF

2368635_f260

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.

Read more...

Week of Feb19

Print PDF

Publication2_logo_2tone

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.

Read more...

Sponsored Links

Candlestick Trading for Maximum Profit in the Foreign Exchange Market! Candlestickcourse.com

Members / FAQs

Login