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Forex Market News

The latest news from the world of forex trading

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  • NZDUSD stalls at minor resistance

    *NZDUSD stalls at minor resistance (.7860); mid-July risk to .7455* •       A modest bounce to start Q3, but still capped below the rebound peak from last week, .7860 ahead of the .7905/15 pivot area,... Read More

  • technical analysis blue lcd

    Weekly Forex Market Forecast (July 1st - July 5th 2013)

    Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of July 1st – July 5th,... Read More

  • AUDUSD breaks critical retrace

    *AUDUSD breaks critical .9145 retrace support to aim lower* •       After consolidation most of last week, a more negative, as expected and as Tweeted, a more negative resurfaced late Friday. •       This has been... Read More

  • market analysis buy sell hold

    Weekly Forex Market Followup (June 24th - June 28th 2013)

    Key Fundamental Forex Events for the Week of June 24th through June 28th The following table lists the key economic data and other events that came out during the week of June 24th... Read More

  • Gold future eyes July target

    *Gold future eyes July target at 1155, with risk to Q3 targets at 1044 & 1000 next month* •       A still more significant erosion Thursday to reinforce the aggressive erosion of last week... Read More

  • Negative shift for the EURUSD

    *EURUSD shifts to a more negative bias through 1.3040/30 to aim for chart supports 1.2930 and 1.2835/20 into July* •       We have stressed over the past week that although we viewed recent price... Read More

  • Gold breaks minor support

    *Gold (Aug future) breaks minor support, 1266; little notable support now until key 1155 target* •       More significant erosion this morning after, a low level consolidation pause thus far this week reinforces the aggressive... Read More

  • Technical Outlook for AUDUSD June 25th

    *AUDUSD pauses at key .9145 support, but mounting risk for surrender this week to aim for .9000 and below* •       As expected, a low level consolidation (neutral outside Monday) to start the week... Read More

  • cad dollar closeup

    Weekly Forex Market Forecast (June 24th - June 28th 2013)

    Key Fundamental Forex Events and Forecasts for the Coming Week The following table lists the key economic data and other events that are due out during the week of June 24th – June 28th,... Read More

  • Technical Outlook USDCAD

    USDCAD aims for 2011 secular high at 1.0657; overshoot threat to 2010peak, 1.0854 A far more aggressive rally than expected and a fully re-energized bull theme with the acceleration last week through the... Read More

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