September 15, 2014 BY Mike Fox

Citi's top forex technician: Euro headed to parity

It a bold statement a top Citibank FX technician called for the Eurodollar exchange rate to head to parity and even below. This could remind you of the sovereign debt crisis which started to bubble 2010 across Europe when predictions for parity were also made. However, the euro ended up going on recovery rally. Either…

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September 15, 2014 BY Mike Fox

Forex Weekly Look Back

Forex Weekly Look Back - Week of September 8th Toonimo brings animations to the FX world in quest for client acquisition | https://www.leaprate.com/aAG24 LMAX Exchange named Britain’s fastest-growing tech firm | https://www.leaprate.com/HNyzy New Zealand steps up FX regulation with focus on product suitability for retail investors | https://www.leaprate.com/gKoc3 Revenue soars at SafeCharge in first half of year…

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September 15, 2014 BY Mike Fox

Swissquote Daily Technical Report: AUD/USD - Declining sharply

In Swissquote’s Monday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for AUD/USD and EUR/GBP. To view and download the entire report, click here (PDF). AUD/USD: Declining sharply • AUD/USD continues its steep decline. The psychological support at 0.9000 has…

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