Monday, January 21, 2013

Philippine Peso falls on speculation of more capital controls

The Philippine Peso fell amid speculation the nation's central bank will add more measures to manage capital flows.

The Peso weakened 0.2% to 40.638 per U.S. Dollar, trimming a two-day gain, with one-month implied volatility held at 4%. Read more
Malaysia Ringgit
Malaysia's Ringgit declined for the first time in 3 days ahead of a report this week that may indicate consumer prices advanced for the first time since August 2011.

The Ringgit traded at 3.0140 per U.S. Dollar, with one-month implied volatility increasing 12 basis points, or 0.12 percentage point, to 5.18%. Read more

Monday, January 14, 2013

EUR/JPY Technical Analysis - 14 January 2013


EUR/JPY 14 January 2013

EUR/JPY Technical Analysis - 14 January 2013

The currency pair is gradually slowing down ahead of 120.40, somewhat losing its bullish momentum following a breach of 117.90/39. This area, which is now supporting the price, is supposed to end the bearish correction that is emerging at the moment.

A deeper extension, however, is still possible and could drag EUR/JPY down to 115.44/114.90, a most likely point of contact with the rising trend-line in such a scenario. Read more

Forex Majors Banks Forecasts - January 14, 2013

Forex Majors Banks Forecasts - January 14, 2013

FX Majors forecasts for EUR/USD, GBP/USD, USD/JPY, USD/CHF and EUR/JPY from major banks including Bank of America Merrill Lynch, Bank of China, Bank of Montreal, Barclays Capital... Read more
 

Forex Banks Forecasts - January 14, 2013

Tuesday, January 8, 2013

Sirix Webtrader - Trade 24

Sirix Webtrader - Trade 24

Sirix is a revolutionary development of Forex trading environments that features built-in sophisticated social trading features. Sirix is versatile and lightening-fast letting you trade without missing a pip.

Sirix Trade24 

From novice to advanced, Sirix caters to every type of trader. Beginner traders will love the ease of the simple trader. Advanced charts and graphs are available for the more seasoned trader.  Learn more

Forex Trading Strategy - The Slingshot Rainbow

Forex Trading Strategy - The Passing-shot Rainbow

We thought we would brighten up your day and your trading account with this strategy. The best thing about it is that you can perfectly detect the trend. In other words, there is no doubt about which general direction the price is heading.

The Slingshot Rainbow

There are 5 colours of averages. This serious tool works in a way that when all are lined up side by side, and NOT overlapping/folding (yellow, blue, green, red, and purple), we can determine the trend. Read more

Forex: HSBC bullish on EUR/GBP in 2013

Forex: HSBC bullish on EUR/GBP in 2013

HSBCAnalysts at HSBC expect British pound to weaken substantially during 2013. Among the factors negative for GBP the specialists name signs of slippage on fiscal targets, negative effects caused by fiscal austerity and sub-par GDP growth in 2013.

The possibility of UK losing its top credit rating is high enough: UK deficit is among the largest in Europe. Read more

Forex Majors Banks Forecasts - January 7, 2012

Forex Majors Banks Forecasts - January 7, 2012

FX Majors forecasts for EUR/USD, GBP/USD, USD/JPY, USD/CHF and EUR/JPY from major banks including Bank of America Merrill Lynch, Bank of China, Bank of Montreal, Barclays Capital, BNP Paribas, Credit Agricole, CIBC, Danske Bank, Morgan Stanley and many more. Forecasts are submitted on January 4. Read more


Forex Banks Forecasts - January 7, 2013

Monday, January 7, 2013

CFTC: US Dollar shorts at highest since October

CFTC: US Dollar shorts at highest since October

Here are the essentials of the latest Commitments of Traders (COT) report, released on Friday, January 4, by the Commodity Futures Trading Commission (CFTC)... Read more

CFTC COT - January 2013