In Swissquote’s Thursday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for GBP/USD and USD/CAD. To view and download the entire report, click here. GBP/USD: Collapse • GBP/USD has breached the strong support at 1.6693, but has thus far failed…
Read moreIn Swissquote’s Tuesday short term technical trading report, the research team outlines the major technical levels of popular currency instruments with forecasts, below is the outline for USD/JPY and GBP/USD. Download the full report by clicking here. USD/JPY: Unimpressive bounce thus far USD/JPY has strengthened but bearish pressures remain. Last week, the hourly support at…
Read moreIn 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 GBP/USD and EUR/USD. Download the full report by clicking here. GBP/USD: Still bearish • GBP/USD remains weak, as can be seen by the recent new lows (1.6786 intraday) below the…
Read moreIn SWISSQUOTE’S Tuesday technical trading report, their research team outlines the major technical levels of popular currency instruments for the short term trader, below is the outline for the GBP/USD (very active in the last couple of months) and USD/CAD. You can download the full report by clicking here. GBP/USD: Trying to bounce... • GBP/USD…
Read moreCME Group (NASDAQ:CME) has rebounded in their FX volumes for June reporting a 30% MoM increase with 765k contracts per day being reported. In contrast, May's 589k was the 2nd slowest month for FX ever, following the low of April at the CME. For further comparison, June 2013 saw 1.2M contracts moved for the 37%…
Read moreAfter several months of lackluster FX trading volumes on the heels of low volatility in the currency markets, finally a ray of hope. The CME Group (NASDAQ:CME), the world's largest derivatives marketplace, has reported that it saw record trading volumes for British pound (GBPUSD) futures contracts this past Thursday June 12. British pound futures volume reached…
Read more