Recent content by ForexBrokerInc

Friday Update AUD/USD 20/11/2015 Friday Update AUD/USD 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...

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 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 later this...

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...