Dollar Grows Somewhat on Improved Manufacturing Outlook The EUR/USD currency pair post some small drop today on Forex as the fundamental situation in US economy looked better in April for the manufacturing sector. All of the reports that were released today in US showed a positive dynamics ......

New Zealand Dollar Technical Outlook Focus remains on the longer term count. We expect a significant decline, with price eventually coming under .5927. This decline could take up to a year... Go to Full Article

Yen Technical Outlook We maintain that wave iv in the USDJPY could be complete at 102.95. Go to Full Article

British Pound Technical Outlook Concentration is on the daily because near term price action is choppy and unclear. The decline from 2.1160 to 1.9337 was in 5 waves and serves as wave... Go to Full Article

Euro Technical Outlook We showed this possibility yesterday on the forum. That is, the rally from 1.5342 could be an ending diagonal in the 5th wave position. Under this scenario,... Go to Full Article

Swiss Franc Technical Outlook The rally from .9647 to 1.0249 is best counted as a double zigzag (7 waves), which either completes a correction or is the first leg in a more complex... Go to Full Article

Canadian Dollar Technical Outlook The latest bull leg (.9710-1.0324) is a wave 1 impulse within a 5 wave bull cycle (wave i of 1 is a diagonal). Go to Full Article

Australian Dollar Technical Outlook The bearish bias against .9344 has worked out so far. "We are treating the decline from .9470 (which may have been a truncation) as a series of 1st and... Go to Full Article

Forex Trading: NZDUSD trading below 100 day moving average. Will ... The NZDUSD is trading below the 100 day moving average which comes in at 0.7843. A close below this level today (at 5;00 PM NYT) would be the first close below the level since January 21st when the pair closed for 1 day...

German Investor Confidence Declines, U.K. Inflation Remains Flat See the article... Go to Full Article

Forex Trading News: UK's Chancellor of the Exchequer Alistair ... Highlights from Darling:. Slowdown in housing market is not surprising; Inflation figures were slightly better than expected; Government and BOE will keep doing everything to support financial and housing markets. Go to...

Forex Trading: EUR/JPY making a slow slide... EUR/JPY making a slow slide lower... Go to Full Article

Forex Trading: Euro consolidating higher on an hourly, even after such negative fundamentals that we saw come out of the Eurozone earlier. Go to Full Article

Forex Trading News: EUR ZEW Economic Sentiment Released Worse Than ... The ZEW comes out at -44.8 from the previous -35.0. This number was forecast at -33.0. The more negative a number, the more pessimistic the investor sentiment is. The EURUSD took a hit dropping about 40 PIPS, while this...

Forex Trading News: 4:30 AM Economic Data Released...GBP The GBP CPI comes out at 2.5% from the previous 2.5%. This number was forecast at 2.6%. The Core CPI come outs at 1.2% from the previous 1.2%. This was forecast at 1.3%. The DCLG House Price Index comes out at 6.7% from the previous ... ...