By admin on May 14, 2010
Chart pattern alerts provided by the MT4 plug-in of Autochartist
The 15-minute USD/CHF has broken higher through the resistance of a Channel Up and reached the forecast level (blue line). This resistance is where exhaustion is setting in and selling pressure is sending the pair lower…but not low enough yet. The recent rally from 1.1152 to [...]
Posted in Forex News | Tagged entry, potential, resistance, sets, swing, up, usdchf
By admin on March 10, 2010
PM warns of “choppy waters” ahead on the path to economic recovery
but insists he has the “courage” to get the job done.
Read More Gordon Brown warns of choppy waters ahead as he sets stage for May election
Related PostGordon Brown warns against new age of austerityUS Dollar, Japanese Yen Mostly Stronger Ahead of [...]
Posted in Forex News | Tagged ahead, as, brown, choppy, election, for, gordon, he, may, of, sets, stage, warns, waters
By admin on February 27, 2010
The British pound had another week of losses versus currencies from its main trading partners as the emerging budget deficit problems in the country are affecting market confidence among traders, shunning capital from the country towards other more favorable investment opportunities.(…)Read the rest of Budget Deficit Sets Pound to Sharp Fall (118 words)
Posted on Forex News. Read More Budget Deficit Sets Pound [...]
Posted in Forex News | Tagged budget, deficit, fall, pound, sets, sharp, to
By admin on February 16, 2010
FXstreet.com (Barcelona) – The USD/CHF has just set a three-day low falling under 1.0700. The…
For more information, read our latest forex news.
Read More Forex USD CHF sets 3day low under 10700
Related PostForex GBP USD under pressure, aproaching to past week low 15920Forex USD CHF Dollar rises to 10080 after reaching a fresh 2week lowForex [...]
Posted in Forex News | Tagged 10700, 3day, chf, forex, low, sets, under, usd
By admin on December 1, 2009
The Canadian dollar touched the highest rate in 2 weeks after risk appetite returned to commodities and equities markets, forcing the main Canadian export, the crude oil, up, and consequently affecting positively the rates for the loonie mainly versus its U.S. counterpart that lost versus most of the majors today.(…)Read the rest of Crude Oil Sets Canadian Dollar to Record High (152 words)
Posted on Forex News. Read More [...]
Posted in Forex News | Tagged canadian, crude, dollar, high, oil, record, sets, to
By admin on November 19, 2009
The 60 minute EUR/USD has formed a Three Point Retracement as an sell-off from A to B has retraced to the C point and set up a short set up.
Posted in Forex News | Tagged eurusd, fibonacci, pattern, resistance, sets, short, up