Results 1 to 5 of 5
 0 Attachment(s)    

Thread: The Wild Card EUR/GBP

  1. #1

    Default The Wild Card EUR/GBP

    The Wild Card EUR/GBP 22 Sep 2009
    Tuesday, 22 Sep 2009
    Market Expects Low Volatility Today

    There is likely to be less volatility in the market today with almost no market moving data on tap from Japan Europe and Unites States. Yet, few fundamental events that are due out later today may indeed create a remarkable wave in the market, especially towards the late afternoon hours.

    The Wild Card
    EUR/GBP

    This pair's sustained upward movement has finally pushed its price into the over-bought territory on the daily chart's RSI. Not only that, but there actually appears to be a bearish cross on the Slow Stochastic pointing to an imminent downward correction. Forex traders have the opportunity to wait for the downward breach on the hourlies and go short in order to ride out the impending wave ... read more forex|forex trading|learn forex|forex trading software

  2. #2

    Default The Wild Card EUR/GBP 28 Sep 2009

    The Wild Card EUR/GBP 28 Sep 2009
    Monday, 28 Sep 2009
    Japan's Currency Hits a 7 Month High

    The Yen rose to a 7 month high versus the Dollar as Japan's new government reiterated its opposition to pursuing deliberate currency devaluation strategy. The Sterling dropped to a 3 month low versus the Dollar last week after Bank of England Governor Mervyn King was quoted as saying the Pound's weakness is aiding in stabilizing the U.K.'s economy. Today's trading day will likely experience the markets reaction to the G20 leaders' decisions, mainly their pledge to continue supporting the stimulus efforts.

    The Wild Card
    EUR/GBP

    This pair's sustained upward movement has finally pushed its price into the over-bought territory on the daily chart's RSI ... read more

  3. #3
    Junior Member
    Join Date
    Jun 2010
    Posts
    6

    Default

    As a matter of fact, I have a gut feeling that Japanese yen will be going down a bit as there are still a lot unresolved political issues within the country. Well, most probably I am wrong as I am just making a wild guess, anything could happen at this point of the time.

  4. #4
    sabrinathomas
    Guest

    Default

    EUR/USD (28 Oct 2010) – Last: 1.3824, The Euro weakened against the Dollar for a second day in a row, although the German CPI came out unchanged at 0.1%.

    GBP/USD (28 Oct 2010) – Last: 1.5803, The Pound weakened against the dollar and almost erased all the previous day’s gains in the forex market.

  5. #5
    shirley.williams
    Guest

    Default

    The Pound rose against the Dollar after U.K. manufacturing expanded twice as much as economists forecast in October – a sign that the recovery seems to be maintaining its momentum into the final quarter of the year.

Similar Threads

  1. The Wild Card Oil 6 Oct 2009
    By forexqs.blogspot.com in forum Fundamentals
    Replies: 1
    Last Post: 06-27-2010, 18:31
  2. Wild Card Gold
    By forexqs.blogspot.com in forum Fundamentals
    Replies: 4
    Last Post: 11-19-2009, 12:03
  3. The Wild Card USD/MXN 1 Oct 2009
    By forexqs.blogspot.com in forum Fundamentals
    Replies: 0
    Last Post: 10-01-2009, 11:52
  4. The Wild Card AUD/USD 30 Sep 2009
    By forexqs.blogspot.com in forum Fundamentals
    Replies: 0
    Last Post: 09-30-2009, 12:17
  5. Wild Card NZD/JPY
    By forexqs.blogspot.com in forum Fundamentals
    Replies: 1
    Last Post: 09-29-2009, 11:20

Tags for this Thread

eur, eur/usd, europe, forecast, forex, fundamental, gbp, german, hours, japan, low, main, rsi, software, stochastic, strategy, time, trading, trading software, usd, volatility

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •