Currency Trading Research
Forex Forecast – Markets Await Jobs Data
Written by Andrew11   
Thursday, 02 February 2012

Thursday 02/02/2012 8.30 PM GMT


Markets have been flat today as investors look forward to non farm payroll and we have some good resistance levels in the Pound, Euro, Aussie and Canadian Dollar which we want to sell into tomorrow.


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Forex Forecast – Euro Held by 1.32 and Pound a Sell at 1.58
Written by Andrew11   
Wednesday, 01 February 2012

Wednesday 01/02/2012 8.00 PM GMT


U.S. stocks rallied Wednesday as economic data from China and Europe beat market expectations and a gauge of U.S. manufacturing showed expansion too so February has started well for the bulls and the dollar has eased but this is just about to be reversed and the dollar will push higher.

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Forex Forecast – Dollar Basing and Higher in a Choppy Trade
Written by Andrew11   
Tuesday, 31 January 2012

 Tuesday 31/01/2012 10.30 PM GMT


This is a short late report today, due to a problem with our database – there is no real news today so we will look at our positions and we see some great opportunities at current levels ...

Last Updated ( Tuesday, 31 January 2012 )
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Forex Forecast – Risk Currencies Ease Against $Dollar
Written by Andrew11   
Monday, 30 January 2012

Monday 30/01/2012 8.30 PM GMT


The Euro back off from gap resistance and 1.32 and traded lower as did the Pound, Aussie and Canadian Dollar and were looking for the dollar to base and move higher.


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Forex Forecast – Dollar Easing Back but Bounce on the Way
Written by Andrew11   
Sunday, 29 January 2012

Sunday 29/01/2012 8.30 PM GMT


The Euro had another push today towards 1.32 but it started to fall back and we think the rally is just about done and lower prices will unfold and this also applies to the other majors.


Last Updated ( Sunday, 29 January 2012 )
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Forex Forecast – Euro Rally Losing Momentum Key off 1.32
Written by Andrew11   
Thursday, 26 January 2012

Thursday 26/01/2012 8.30 PM GMT


The Euro had another push today towards 1.32 but it started to fall back and we think the rally is just about done and lower prices will unfold and this also applies to the other majors. 

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Forex Forecast – Fed to Hold Rates to 2014 Euro Holds Above 1.30
Written by Andrew11   
Wednesday, 25 January 2012

Wednesday 25/01/2012 8.30 PM GMT


The Fed has pledged to keep rates low until at least 2014 to help the US Economy and this has encouraged some buying of risk assets and risk currencies and the Euro IS back above 1.30 after falling earlier in the day.

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Forex Forecast – Euro Holds 1.30
Written by Andrew11   
Tuesday, 24 January 2012

 

The Euro rally is just at 1.30 but this is really short covering as we have a record net short speculative position as we noted in our reports at the weekend but the rally looks set to stall here and the dollar will regain its upside momentum.


Last Updated ( Tuesday, 24 January 2012 )
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Forex Forecast – Euro Short Covering Runs to 1.30
Written by Andrew11   
Monday, 23 January 2012

Monday 23/01/2012 2PM GMT


European stocks hit their highest level since early August on Monday, with euro zone banks gaining sharply following a report that France and Germany were calling for a relaxation of global bank capital rules to prevent a credit crunch so there's a crisis in the global economy and stocks are on the up but not for much longer and the Euro rally also looks close to an end.


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GBP USD – Near Term Up Longer Term Back to 1.50
Written by Andrew11   
Sunday, 22 January 2012

Sunday 22/01/2012 2PM GMT


The Pound hit a two-week high against the dollar on Friday, extending gains into a fifth straight day and we are now we think near an end to this rally on the Dollar but we remain bullish of Sterling on the Euro...

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Euro USD – Printing Money and a Lower Euro
Written by Andrew11   
Sunday, 22 January 2012

Sunday 22/01/2012 2PM GMT


The Euro is going down long term but short term we have some strength but long term were going to 1.20 or lower and one of the main drivers of the down trend will be the liquidity injections which the ECB is providing to banks...

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