Currencies Direct is a UK-based foreign exchange broker and international payment provider. It delivers currency exchange services in a number of countries to individuals, online sellers and businesses. Currencies Direct was established in 1996 offering a range of currency tools, and providing free transfers at a better rate of exchange than the high street banks.

Trump worries send GBP higher

28 Mar 2017 @ 09:46
The pound enjoyed a day of pretty solid gains at the start of the week, with the currency rising to an almost two-month high against the US dollar while recording its best level against the Canadian dollar since December. GBP/AUD also marched to its highest rate since February, although the pound’s gains against the euro […]

Daily analysis of major pairs for March 27, 2017

27 Mar 2017 @ 08:35
The EUR/USD moved slightly upwards last week, testing the resistance line at 1.0800 many times, without being able to close above it on Friday. Price may eventually go above the resistance line at 1.0800, but there may not be protracted bullish movement after that, because there are high chances of EUR pairs getting weak this […]

Weekly Trading Forecasts for Major Pairs (March 27 – 31, 2017)

25 Mar 2017 @ 22:49
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish EURUSD managed to hold out its bullishness last week, in spite of the current short-tern consolidation in the market. Price reached the resistance line at 1.0800 and moved sideways till Friday. Many unsuccessful attempts were made to overcome the resistance line at 1.0800, but […]

Strong UK retail sales pushes pound even higher

24 Mar 2017 @ 09:28
Strong retail data saw the pound jump higher against its major peers on Thursday. GBP/EUR hit a three week high of €1.1614 thanks to 0.5% gains, while GBP/USD rose to $1.2521; its best level in almost four weeks. Weakness in the Australian dollar allowed GBP/AUD exchange rates to charge 0.7% higher to A$1.6411 – the […]

Pound steady as Article 50 trigger date approaches

23 Mar 2017 @ 11:37
Although we’re now only six days away from the long-awaited activation of Article 50, the pound is proving resilient and its best levels of the week could be yet to come. Sterling edged slightly lower yesterday as excitement over the inflation surge eased. However, GBP largely returned to opening levels before the close of the […]

Pound hits best levels after UK inflation data

22 Mar 2017 @ 11:13
With the UK’s latest inflation figures exceeding forecasts on Tuesday, the pound skipped higher against all its major currency rivals. As well as hitting a ten-day high against the euro (of €1.1560) the pound achieved a three-week high of $1.2498 against the US dollar and struck C$1.6703 against the Canadian dollar – its best level […]

Where Is The Money?

22 Mar 2017 @ 00:38
One of the frustrating things about being a trend follower is that it takes time to overcome the inertia of a new system, particularly if that system is based upon slightly longer time periods such as weekly data. Part of the frustration that traders encounter is based upon the simple mechanics of how systems work. […]

Faraday FX Majors Preview

20 Mar 2017 @ 14:24
After last week’s flurry of central bank policy statements, we have a much calmer looking calendar ahead of us this week. The reduced levels of event risk should create a platform for some trends to develop. Here’s a technical snapshot of how the major pairs are shaping up. EUR/USD EUR/USD’s recovery continued last week following […]

Daily analysis of major pairs for March 20, 2017

20 Mar 2017 @ 00:08
The EUR/USD went north last week – just as it was predicted. Although the market went south on Monday and Tuesday, it went northward in the last few days of last week. Price went briefly above the resistance line at 1.0750 and later closed below it on Friday. This week, some vivid correction is expected, […]

Weekly Trading Forecasts for Major Pairs (March 20 - 24, 2017)

18 Mar 2017 @ 23:49
Here’s the market outlook for the week: EURUSD Dominant bias: Bullish This pair trended downwards on March 13 and 14, testing the support line at 1.0600. From the support line, price rose by 180 pips, going briefly above the resistance line at 1.0750 and then closing below it on Friday. The bullish signal is still […]
  • Jump to a different page:
  • 1
  • 2
  • 3
  • ...
  • 40
Do you want to write for our Newspaper? Get in touch:

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P:43 V: D:20170328 13:56:31