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Forex Trading Alert: GBP/USD – The First Downside Target Reached. What’s next?
April 14, 2014, 3:48 PMEarlier today, the British pound moved lower against the U.S. dollar after data showed that retail sales rose 1.1% in March (above expectations for a 0.8% rise) and core retail sales (without automobiles) rose 0.7% last month (analysts had expected 0.5% increase). Thanks to these better-than-expected numbers, cable declined to its initial downside target. What’s next? Will it drop any further?
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Forex Trading Alert: Is EUR/USD Ready for Further Growth?
April 11, 2014, 3:19 PMEarlier today, the common currency moved higher against the U.S. dollar boosted by Greece's successful return to the financial markets. Despite this positive fundamental factor, the EUR/USD pair remains below the resistance zone. What’s next?
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Forex Trading Alert: GBP/USD - Double Top or Further Rally?
April 10, 2014, 2:32 PMEarlier today, the greenback moved higher against the British pound after better-than-expected jobless claims data, which showed that the number of people filing for initial jobless benefits in the week ending April 4 declined to an almost seven year low. Will this drop in British currency trigger a bigger correction? What is the technical picture of cable? We invite you to read our today's Forex Trading Alert.
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Forex Trading Alert: AUD/USD Breaks Above Resistance – Will Other Pairs Follow?
April 8, 2014, 4:04 PMSimilarly to what we saw yesterday, the greenback declined against major currencies as it remained under pressure ahead of tomorrow Federal Reserve minutes. Thanks to this drop, the Australian dollar broke above the previous 2014 high. Will this breakout be confirmed? Will AUD/USD rally much further? If you want to know our take on these questions, we invite you to read our today's Forex Trading Alert.
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Forex Trading Alert: U.S. Dollar Moves Lower
April 7, 2014, 3:57 PMEarlier today, the U.S. currency extended declines against the Swiss franc and invalidated Friday’s breakout. Is it as bearish as it seems at first glance? If you want to know our take on this question, we invite you to read our today's Forex Trading Alert.
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