Archive for January, 2013

• GBPCAD Fails To Hit Bottom
  Posted by faithmight on January 28th, 2013 at 11:07 pm, Comments: 0

  After hitting the top of the range at 1.6214 to begin the new year, the $GBPCAD has been working its way down towards the bottom [...]

• This EURGBP Breakout Is Just Getting Started
  Posted by faithmight on January 27th, 2013 at 11:02 pm, Comments: 0

  The $EURGBP has been building a breakout rally since the last quarter of 2012. Then, the pair was still dealing with European sovereign debt issues [...]

• Sterling Digest, January 27 2013: follow the trend
  Posted by faithmight on January 27th, 2013 at 10:32 am, Comments: 0

  Last week was epic for sterling. The $EURGBP rallied to new highs above the psychologically important 0.8500 level. The $GBPUSD, $GBPNZD, $GBPAUD, and $GBPCAD all [...]

• Sterling Digest, January 20 2013: Safety issues
  Posted by faithmight on January 20th, 2013 at 8:15 am, Comments: 0

  Sterling has weakened considerably to kick off 2013 with several themes at play here. One is the fundamental fact that the British economy stands to [...]

• GBPUSD Flips Bearish
  Posted by faithmight on January 17th, 2013 at 2:26 am, Comments: 0

  The $GBPUSD has finally closed below 1.60 for the 1st time since November. And as such, I have finally acquiesced my bullish stance on $GBPUSD. [...]

• GBPCAD Stays Rangebound
  Posted by faithmight on January 14th, 2013 at 5:20 am, Comments: 0

  $GBPCAD in in a long term bear trend evident on the weekly chart. However, it has spent the last 2.5 years stuck in a wide [...]

• AUD Finds Its Legs
  Posted by faithmight on January 9th, 2013 at 7:03 pm, Comments: 0

  Looking to the left of the chart, we can see that previous breaks lower that closed the week below 1.55 saw momentum carry price lower. [...]

• Euro Gains Optimism in 2013
  Posted by faithmight on January 7th, 2013 at 2:39 am, Comments: 0

  Last I wrote on the $EURGBP, the pair was building a bullish scenario above the major psychological level at 0.8000. Since then, the $EURGBP managed [...]

• Sterling Digest, January 5 2013: Trust the crosses
  Posted by faithmight on January 5th, 2013 at 7:43 am, Comments: 0

  To kick off the new year, the global fundamentals still stink. Currency wars still rage across the globe. American politics continue to debase the world’s [...]

• Be US Dollar Wary in 2013
  Posted by faithmight on January 4th, 2013 at 12:34 am, Comments: 0

  The USD is mired in political nonsense. From the debt ceiling showdown last summer to the fiscal cliff this new year, American politics has toyed [...]