Recent content by SCM Forex

If you plan to make quick money with forex trading, then you need to be aware of certain facts before you start trading Forex. The world of Forex is a whole new dimension of complex financial transactions. Hundreds of financial myths are considered as a part of this industry. It requires you to...

The New Zealand Dollar (NZD) inched lower against the US Dollar (USD) on Tuesday, decreasing the price of NZDUSD to less than 0.7250 following some key economic releases. The technical bias shall remain bearish because of a lower high in the recent upside move. NZD/USD Technical Analysis As of...

The Great Britain Pound (GBP) has printed low against the US Dollar (USD) on Wednesday, decreasing the price of GBPUSD to Less than 1.4100 following some key economic releases. The technical bias shall however remain bullish because of a higher high in the current upside move. GBP/USD Technical...

The Australian Dollar (AUD) inched higher against the US Dollar (USD) on Tuesday, increasing the price of AUDUSD to more than 0.7700 following some key economic releases. The technical bias shall remain bullish because of a higher high in the recent upside move. AUD/USD Technical Analysis As...

The Euro (EUR) inched higher on Monday, increasing the price of EURUSD to more than 1.2350 following the release of some key economic news. The technical bias remains slightly bullish because of a higher high in the recent upside rally. Technical Analysis As of this writing, the EURUSD pair is...

The New Zealand Dollar (NZD) inched higher against the US Dollar (USD) on Friday, increasing the price of NZDUSD to more than 0.7200 following some key economic releases. The technical bias shall remain bullish because of a higher high in the ongoing downside move. NZD/USD Technical Analysis...

The Great Britain Pound (GBP) inched higher against the US Dollar (USD) on Thursday, increasing the price of GBPUSD to more than 1.4150 following some key economic events. The technical bias remains bullish because of a higher low in the recent downside move. GBP/USD Technical Analysis As of...

The Great Britain Pound (GBP) inched higher against the US Dollar (USD) on Friday, increasing the price of GBPUSD to more than 1.3900 following some key economic events. The technical bias remains bullish because of a higher low in the recent downside move. GBP/USD Technical Analysis As of...

Gold inched higher on Monday, increasing the price of yellow metal to more than $1300.00 an ounce after some key economic releases. The technical bias remains bullish because of a higher high in the ongoing upside move. XAU/USD Technical Analysis As of this writing, the precious metal is being...

The Great Britain Pound (GBP) inched higher against the US Dollar (USD) on Friday, increasing the price of GBPUSD to more than 1.4100 following some key economic events. The technical bias remains bullish because of a higher low in the recent downside move. GBP/USD Technical Analysis As of...

The Australian Dollar (AUD) inched higher against the US Dollar (USD) on Thursday, increasing the price of AUDUSD to more than 0.7900 following some key economic releases. The technical bias shall remain bullish because of a higher high in the recent upside move. AUD/USD Technical Analysis As...

The Euro (EUR) inched higher against the US Dollar (USD) on Wednesday, increasing the price of EURUSD to more than 1.2350 following some key economic releases. The technical bias shall remain bullish because of a higher high in the ongoing downside move. EUR/USD Technical Analysis As of this...

The New Zealand Dollar (NZD) inched higher against the US Dollar (USD) on Tuesday, increasing the price of NZDUSD to more than 0.7250 following some key economic releases. The technical bias shall remain bullish because of a higher high in the ongoing downside move. NZD/USD Technical Analysis...

The New Zealand Dollar (NZD) inched higher against the US Dollar (USD) on Tuesday, increasing the price of NZDUSD to more than 0.7250 following some key economic releases. The technical bias shall remain bullish because of a higher high in the ongoing downside move. NZD/USD Technical Analysis...

Gold inched higher on Monday, increasing the price of yellow metal to more than $1300.00 an ounce after some key economic releases. The technical bias remains bullish because of a higher high in the ongoing upside move. XAU/USD Technical Analysis As of this writing, the precious metal is being...