Hello Mr. Garcia, readers
We are in touch with the trader on a regular basis and we inform him each time there’s an update i.e. when we have update from intermediary financial institution. There is indeed an unexpected delay with the recent transfer to his bank account which we hope to overcome...
Friday Update AUD/USD 20/11/2015
The Aussie gains momentum across the currency board and is set to test a key resistance around 0.7250 v the US Dollar as the trading week is coming to an end.
Since finding a decent support and preventing failing below 0.7000 v the US Dollar last week, the...
Monday Market Update: GBP/USD likely to find buyers 2/11/2015
GBP/USD is likely to break out from its current bearish channel and advance above 1.55 targeting 1.5580 then 1.5750.
New month brings new monthly Pivot Points for GBP/USD with the opening above monthly PP=1.5347 suggesting an...
Tuesday Market Update: Pressure on US Dollar doesn’t seem to be fading away 20/10/2015
Most major currencies continue last week’s momentum and gaining strength against the US Dollar.
GBP/USD trades within a tight 100 pip range and breakout from the current range (green rectangle) is expected...
Monday Market Update: Bearish pressure mounts on US Dollar 12/10/2015
There is a growing bearish pressure on US Dollar ahead of the US Inflation report scheduled for this Thursday, October 15.
Last month’s weak NFP report and FED’s dovish outlook led major currency counterparts to gain...
Dear Mr. Stuart, Dear ForexPeaceArmy members,
We are sorry for the length of this message but since Mr. Stuart took this issue to this forum then we are left with no choice but to state all details for your reference.
First, we would like to bring the historical data from his account 1XXXX027...
Monday Market Update - Gold 28/09/2015
Gold (XAUUSD) – Can current technical setup lead to another bullish wave?
Having found a decent support around $1100/oz, the price of gold printed two great bullish waves between $1100/oz and $1140/oz ( points A – B) and $1120/oz - $1150/oz (points C -...
Tuesday Market Update – GBP/USD to enter a Demand Zone
The British currency continues to attract traders from across the currency board. This week’s drops into GBP Demand Zones can prove to be a good buying opportunities as the GBP should not be affect by any of the remaining macroeconomic data...
Friday Market Update – GBP/USD
British Pound continues to attract buyers across the currency board following Bank of England’s remarks that the recent global turmoil have not changed the bank’s view on monetary policies.
GBP/USD rate was pushed higher during yesterday’s trade in the UK and US...
GBP/USD – Important Week Ahead
GBP/USD makes the most of the US Labor Day and hangs on to almost a 100 pip move up during the first few hours of the European session. While the US remains closed for the Labor Day holiday and economic calendar being data-empty the volatility is expected to be...
GBP/USD – Is this a chance for GBP buyers? 2/09/2015
GBP/USD made a significant bearish move towards 12 week low and is on track to test the low of 1.52. Weakness in GBPUSD is in line with the bearish sentiment that has come after a change in inflation expectations amid further decline in...
Friday Market Highlights 28/08/2015
- ECB and RBA to announce Bank Rates next week
- Unemployment rate in EU and US with NFP out next week
- AUD/USD is at very important support level
- Gold attracts buyers and next week may see another bullish wave
To view the full version of the Analysis...
Market Analysis 18/08/2015
- UK's Annual Consumer Price Index increased by 0.1%
- UK's Core Inflation measure accelerated to 1.2%
- GBP/USD tests an important resistance at 1.57
- EUR/USD remains supported at 1.1050 but pay attention to any break below
- GOLD supported above $1112 aims at $1130...
Market Update 06/08
In short:
- Bank of England keeps Bank Rate at 0.5%
- No rate hike this year (our view)
- GBP/USD tumbles down but stops at support in the bullish price channel 1.5570
- EUR/USD downward pressure on 1.07
- Gold awaits a breakout from technical triangle pattern
-...
Tuesday Market Update 28/07/2015
In the UK, economic growth accelerated in the second quarter as the preliminary release of GDP shows a decent growth rate of 0.7% quarter to quarter.
GBP/USD has a good potential to break above 1.5675 targeting 1.5800.
Gold’s technical setup suggests a break...
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