Forex Crunch Reality Bites GB£

Forex Crunch Reality Bites GB£

Reality Bites GB£

Posted: 25 Jan 2011 03:45 AM PST

Following the shocking news about British economy squeezing in Q4, here’s some advice on what needs to be done in Britain, and what this means for the British pound. Guest post by Bob Nielsen On 19 Jan 11 Yohay posted a brief comment from me titled ‘The Long Trend for GB‘, on the relevance of the

EUR/USD Jan. 25 – Falling to Support

Posted: 25 Jan 2011 02:02 AM PST

EUR/USD approached higher resistance but failed to break above it and fell all the way to the support line Is it gaining strength for the next move, or is it a sign that this move is over?   Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  traded between 1.3640

GBP/USD Collapses on Squeezing Economy

Posted: 25 Jan 2011 01:32 AM PST

GDP contracted by 0.5% in the fourth quarter of 2010. This was a shocker, as a growth of the same scale was expected. GBP/USD got a big blow from this figure and dropped sharply. In Q2, the British economy grew by 1.1% and an OK growth rate was seen in Q3 as well – 0.7%

Does Lower Oil Signal For Stocks Reversal!?

Posted: 25 Jan 2011 12:36 AM PST

Oil was one of the weakest markets for the past few trading days. Today is down more than 1.50%, despite US dollar weakness that we are seeing across the board, driving by higher stock market. However, on the next Daily overlay chart between the S&P and oil prices you can see that these two markets

Forex Daily Outlook – January 25 2011

Posted: 24 Jan 2011 02:00 PM PST

CB Consumer Confidence in the US, GDP in the UK, a speech by King are only some of highlights, .Let's see what awaits us today.. In the US, The Conference Board (CB) Consumer Confidence, Survey of about 5,000 households to rate the relative level of current and future economic conditions including labor availability, business conditions,

AUD/USD Jan.25–Aussie Up Against US Dollar Monday

Posted: 24 Jan 2011 12:21 PM PST

The Aussie got off to a good start this week on the back of a weaker US Dollar due to a rising Euro and continuing last week’s upwards closing trend. The Aussie is trading at 0.9991 up just 0.94%, as of this writing. Here's a quick update on technicals, fundamentals and community trends. AUD/USD Technicals
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