Dec 042014
 
Expecting the trend reversal. AUD/USD wave analysis

In our previous review, “The uptrend is being delayed. Wave analysis of AUD/USD for 25.11.2014”, we discussed a possible scenario how the price …
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Forex Technical Trading: GBPUSD turns more to the bullish side (again)

The GBPUSD has indeed pushed above the 200 hour MA (See prior post HERE) and has move up toward the underside of a trend line that has …
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Trade Idea: GBP/USD – Stand aside

Despite this week's initial rebound to 1.5764, the subsequent deeper-than-expected retreat has dampened our near term bullishness and risk of …
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China allows brokerage to trade in interbank FX market

BEIJING: Guotai Junan Securities, China's third-largest broker by profit, has been approved to trade in the interbank foreign exchange market, making …
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