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Ahead of the BOE Decision: GBP/USD Double Top (April 4, 2013)

After making a strong selloff from the 1.5250 minor psychological resistance and previous week highs, GBP/USD found support around the 1.5100 major psychological level. 

Forex Major Currencies Outlook (April 3, 2013)


A couple of top-tier data are due from the US today. These are the ADP non-farm employment change and the ISM non-manufacturing PMI.

GBP/USD: Trading the Construction PMI Release (April 3, 2013)

The recently released manufacturing PMI for the United Kingdom sparked a massive selloff for the pound as the actual figure missed expectations. 

EUR/USD: Retest of Former Support (April 2, 2013)

Thanks to its recent rallies for the first few trading sessions this week, EUR/USD was able to pull up to the former support level around the 1.2850 minor psychological handle. 

Forex Major Currencies Outlook (April 1, 2013)


 Traders are now back from the shortened trading week last week, which suggests we could see more action on the charts for the coming days. 

USD/JPY: Resistance Turned Support at 94.00 (April 1, 2013)

USD/JPY sold off for the past couple of weeks and is now testing the former resistance at the 94.00 major psychological level. 

Forex Major Currencies Outlook (March 29, 2013)

Most banks are on a holiday today, paving the way for quiet trading conditions. 

GBP/USD: Will 1.5200 Hold Again? (March 29, 2013)

The pair is once more testing the 1.5200 major psychological resistance for today. 

Forex Major Currencies Outlook (March 28, 2013)


Markets could be in for a quiet trading day today as there are no top-tier releases from the major economies that could have a significant impact on risk sentiment or a lasting effect on dollar pairs’ movements. 

USD/CAD: Trading the Monthly GDP Report (March 28, 2013)

USD/CAD is currently consolidating above the 1.0150 minor psychological support level as traders await the release of the monthly GDP reading for January.

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