Support and Resistance – the two key words
To really understand the behavior of a currency on the Forex market it is important to see how it has behaved over a period of time. Taken over the course of a very short space of time, it is possible...
View ArticleGBPJPY continues the bearish trend…
The rise of the GBPJPY pair is still very much in progress, however a resistance of 143.59 is on the table. There is a minor support of 137.98, which is likely to turn all things neutral however a...
View ArticleEURGBP – Moving in the middle…
The continuing downward trend of the EURGBP seems set to continue in the long term as the pair broke a support of 0.8887, with intraday trading mainly on the downside. If the pair continues to trade...
View ArticleForex News – Kiwi plummets to new lows
Negative developments in risk have caused currencies across the board to reaction adversely with the New Zealand dollar taking the brunt of the force. In the wake of a devastating earthquake, which has...
View ArticleEuro and Swissie – Moves now dependent on Risk sentiment
Performance charts are showing that it is the Euro that is coming out on top at the opening of the US trading session. The movements show that risk appetite has once again returned after the last few...
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