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Forex Trading Signal Headlines

AUD/NZD Short-Term Technical Outlook (Daily FX) A short-term correction looks to be underway, and may offer profitable opportunities for forex traders. After peaking to 1.2383 during yesterday’s trading session, the AUD/NZD has come under considerable selling pressure, and has broken below the lower channel.
AUD/NZD Short-Term Technical Outlook (Daily FX via Yahoo! Finance) Currency Pair: AUD/NZD Chart: 15 Min Charts Short-Term Bias: Long A short-term correction looks to be underway, and may offer profitable opportunities for forex traders.
Forex Trading Forecast: US Dollar to Weaken Before Further Rallies (Daily FX via Yahoo! Finance) Forex traders continue to buy euros, and our forex positioning data gives us forecasts to expect further EURUSD losses through the medium term. Yet we see that the number of currency traders long the EURUSD fell precipitously following the forex pair?s noteworthy breakdown earlier this month, and we have since been arguing that we may see a short term EURUSD rally before further losses.

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