Forex Technical Analysis
The 'AUD' has been gaining on the Swissy or 'CHF' since hitting an 18 month low last week at 0.9224. The pair has been Bullish 7 of the last 9 trading days and appears to be heading for the 38.2% Fibo based on the 23 month high along with the 18 month low.
According to the analysis of the EUR/USD and USD/CAD trader profited on a binary options platform.
Based on Elliott Waves and Fibonacci, this free signal will offer you unrivaled insights into this currency pair. Find your position now!
The Loonie's been weakening since April, but signs of strength are emerging. Get a pro trader's view here.
The EUR/USD pair continues to be the gift that keeps giving. By now, it should be absolutely obvious to you that the pair is to be sold, not bought. However, a lot of new traders hand money over to more experienced traders by going long a pair that is “obviously oversold”.
The NZD/USD pair is one of the most favored commodity currencies for me. The average trader tends to favor the Aussie, and while I certainly trade that currency, the Kiwi can give you much more of a “bang for your buck.”
The GBP/USD pair looks absolutely horrible. The action in this market has been straight down for several weeks, and there seems to be no real let up in it. The gap from the weekend was based upon the rumors of a European bailout fund for banks, but there is no confirmation of this rumor.
According to our analysis of the EUR/USD and USD/CAD today, trader profited on a binary options platform.
The US markets are closed today but that doesn't mean you can't prepare for what is hopefully a profitable week ahead! See where your favorite pairs are headed and what it means for you.
The EUR/USD has been the punching bag lately of Forex traders. This is probably because of how resilient it had been in the face of so many problems. Get the full analysis here.
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