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FX Forecast - Euro Going Down But Watch for Short Covering Spikes
Written by Andrew11   
Wednesday, 04 January 2012

Wednesday 04/12/2012 7.30PM GMT 8.30PM CET


The Euro is failing on rallies and the trend is down but expect a choppy trade as we have a huge number of speculators short which will mean rallies are short sharp and brief. We still see the dollar as a buy on dips and the reason is simple:

Last Updated ( Monday, 09 January 2012 )
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Euro and Risk Currencies Rally – Get Ready to Sell
Written by Andrew11   
Tuesday, 03 January 2012

Tuesday 03/12/2012 8PM GMT 9PM CET


As the markets get back in full swing today after the holidays risk assets and risk currencies are higher but this rally is one to sell and we view it as mostly short covering.

Last Updated ( Monday, 09 January 2012 )
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US Dollar Forecast – More Strength in 2012
Written by Andrew11   
Saturday, 31 December 2011

Saturday 31/12/2011 8PM GMT 9PM CET


We remain bullish on the USD and have been for months and we see no reason to change our view because the global economy is sliding into recession and when this happens the USD strengthens.

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AUD USD Forecast – The Aussie Dollar Due a Huge Break Lower
Written by Andrew11   
Saturday, 31 December 2011

Saturday 31/12/2011 8PM GMT 9PM CET


The Australian Dollar has been the top performing currency we cover over the last few years and its had a great rise but in recent months we have been selling it and made some good profits. We are having another rally now and this looks an excellent longer term level to sell at for a huge decline lower.

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EUR USD Forecast – 1.32 Firm Resistance Going Down to 1.20?
Written by Andrew11   
Saturday, 31 December 2011

Saturday 31/12/2011 8PM GMT 9PM CET


We have been selling the Euro since 1.42 and it's been a great down trend and we hit our first target of 1.30 and now see 1.20 or lower on the cards – any rally in the Euro is a selling opportunity.

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Forex Forecast – Limp Rally in Risk Currencies $Dollar Going Higher
Written by Andrew11   
Friday, 30 December 2011

Friday 30/12/2011 8PM GMT 9PM CET


U.S. Stock indexes fell on Friday, with the broad S&P 500 index on track to end 2011 nearly changed from 2010's closing level and in 2011 the S&P and other stock indexes will plunge and the safe haven dollar will soar – Why?

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