Oct 1, 2012

Forex Crunch 5 Most Predictable Currency Pairs – Q4 2012

Forex Crunch 5 Most Predictable Currency Pairs – Q4 2012


5 Most Predictable Currency Pairs – Q4 2012

Posted: 01 Oct 2012 01:00 AM PDT

Some currency pairs will make a convincing follow through when they break significant support or resistance, and will not look back. When these lines are strong enough, these currency pairs will tend to slow down and eventually bounce back at these lines. These are the more predictable currency pairs – they follow technical rules in a better manner. Unfortunately, not all currency pairs are well behaved and it’s important to separate the wheat from the chaff.

The good or bad behavior tends to change over time: some become more predictable and others lose their charm. Market volatility also has an impact. Here is an updated ranked list of the most predictable currency pairs for Q3 2012, each with its characteristics.

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Forex Daily Outlook October 1 2012

Posted: 30 Sep 2012 02:00 PM PDT

We begin the week with US ISM Manufacturing PMI and Bernanke’s speech  as the main highlights on today’s outlook. Let’s see what awaits us today.

In the US, ISM Manufacturing PMI. Manufacturing activity in the US continued to contract posting 49.6 in August, after 49.8 in July. The index remained below the 50 point line for the third consecutive month. Analysts expect a rise to 50.0.

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AUD/USD Forecast October 1-5

Posted: 30 Sep 2012 04:27 AM PDT

AUD/USD was range-bound this week. The Australian dollar was down slightly, as the pair closed around the 1.0375 line. The upcoming week is very busy, with 12 events on the schedule. Here is an outlook of the Australian events, and an updated technical analysis for AUD/USD.

Economic data was mixed out of the US this week. Housing figures were weak, but employment data was stronger than expected.

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