Monthly Archives: November 2014

Short Cut May Cut You Short.

Forex trading is obviously a good profession but most of the traders have failed to make profit. Because they have tried to follow short cut methods to make profit. They want to earn big in a short span of time. … Continue reading

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USDCAD – Daily Analysis – 28th Nov, 2014

Date: 28th November, 2014 Currency Pair: USDCAD USDCAD has been able to hold yesterday’s gain and standing at 1.1348 price level. The immediate resistance can be found at 1.1378 followed by 1.1426 and then 1.1498. In flip side strong support … Continue reading

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USDJPY – Daily Analysis – 28th Nov, 2014

Date: 28th November, 2014 Currency Pair: USDJPY After a long wait USDJPY had shown its strength towards up. Upon release of positive output of JPY related important economic events the pair had stopped at a level which can be seen … Continue reading

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EURUSD – Daily Analysis – 27th Nov, 2014

Date: 27th November, 2014 Currency Pair: EURUSD US’s little disappointing data push the EURUSD pair into a comfortable position. However today we’ve to look at EURO’s “German Prelim CPI m/m” data. At present EURUSD goes into a consolidative mode. More … Continue reading

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AUDUSD – Daily Analysis – 27th Nov, 2014

Date: 27th November, 2014 Currency Pair: AUDUSD Yesterday US’s negative output of certain economic releases made USD weaker across the board. In addition today AUD’s “Private Capital Expenditure q/q” released positive so the pair has got some extra push. Now … Continue reading

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USDJPY – Daily Analysis – 26th Nov, 2014

Date: 26th November, 2014 Currency Pair: USDJPY USDJPY is trading in sideways and standing above strong support area i.e. 117.84. If it is broken then the next support is at 117.20 followed by 116.70. Upper barrier is capped by 118.46 … Continue reading

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GBPUSD – Daily Analysis – 26th Nov, 2014

Date: 26th November, 2014 Currency Pair: GBPUSD GBPUSD has been playing within a limited range. 1st resistance i.e. 1.5746 seems as strong, defending the price for any further advancement towards up. Yesterday GBPUSD has tried to show some bullish move … Continue reading

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EURUSD – Daily Analysis – 25th Nov, 2014

Date: 25th November, 2014 Currency Pair: EURUSD Today we’ve some important US related news about to release today, including Prelim GDP q/q and CB Consumer Confidence. In other hand there is no EURO related news. So pressure is still there … Continue reading

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GBPUSD – Daily Analysis – 25th Nov, 2014

Date: 25th November, 2014 Currency Pair: GBPUSD GBPUSD trending slowly towards down and offering 1st support at 1.5651. Today we’ve to take a dig into GBP and USD’s important economic events expected to release today. The next intraday support below … Continue reading

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EURJPY – Daily Analysis – 19th Nov, 2014

Date: 19th November, 2014 Currency Pair: EURJPY EURJPY continues to go up and now already crossed 1st resistance i.e. 147.05. The next resistance is at 147.64 followed by 148.59. On downside 1st support can be found at 145.51. Other important … Continue reading

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