FreeForexSignals4u

FreeForexSignals4u

After the RBA cut rates on Tuesday mornig the Currency became nuetral as the forward guidance for monetary policy suggests rates to be held at 2.00% The Euro has pulled back significantly recently put is struggling to break the 11400 against the USD even will all its' weakness. I expect a correction on the EURO to the downside and this looks like a great set up to me

FreeForexSignals4u

At the moment this is purely a technical trade but I do expect the fundamentals's to lean towards a stronger NZD on tuesday evening. the risk reward makes it very appetising though and worth the small cost to find out if it works

FreeForexSignals4u

After the FOMC rate statement played down the poor data and nothing really changed I expect the USD to be some what neutral over the coming weeks strengthening and weakening against strong and weak currencies. After the poor GDP from the UK and the elections weighing heavily on the GBP at the moment I would expect a pull back to the 15000 betweennow and the 7th...

FreeForexSignals4u

This trade is going to be data dependant on the RBNZ tonight. Allthough we are not expecting them to cut or raise rates it will be important to hear their tone in the statement if they make one. Last time they where less dovish than the market expected but we have had poor CPI and GDP since which has caused the rally on this pair. I will look for reversal signs at...

FreeForexSignals4u

Greece looks to be coming to a deal with the Euro Group which could see the Euro strengthen over the coming days. Aud is heavily over valued after its recent rally and the RBA are likely to talk it down in the furture

FreeForexSignals4u

Looking to sell the GBP/USD of the declining trand line with a tight stop loss above the R1

FreeForexSignals4u

The UK economy has been improving for some time and with all the MPC members stating we are likely to see a rate hike as the next move by the central bank we can expect a degree of strength. In the short term a poor CBI was just released and GDP is expected to come in slightly weaker tomorrow. The CB Consumer confidence from the USD could help pull this down to...