Monthly Archives: May 2014

FX performance in May

Have a great weekend readers; being completed in May … let’s see the changes deelle major currencies against the U.S. dollar. If you go back to May 2013 you had +7% moves in AUD and NZD and some of the … Continue reading

Posted in Fx Market

31 May 2014 Fx Tecnich Analisys.

EURJPY The cross may continue to face downside vulnerability but now faces recovery risk with a rejection candle printed on Thursday. It will have to follow through on that recovery to open the door for more upside. Resistance resides at … Continue reading

Posted in Fx Market

Why Analysis Provides Little Value in Trading   

When you are a trader you are effectively in the future prediction business and predicting the future in the forex market can be very tough business. Basically there are three elements that you need to get right. You need to … Continue reading

Posted in Fx Market