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FX Technical Weekly: Key Reversals in GBPUSD and NZDUSD

Key reversals this week in the GBPUSD and NZDCAD indicate that Cable’s head and shoulders top may fail and that the larger Kiwi bull trend is nearing completion.

http://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2011/07/16/FXTechWeekly071511.html

Opportunity to Buy Australian Dollar against Euro

The EURAUD has bounced from channel resistance, which offers an opportunity to align with the larger downtrend.

http://www.dailyfx.com/forex/technical/article/currency_crosses/2011/07/15/Crosses071511.html

Forex Flash: EUR/USD is likely to trend sideways – Commerzbank

FXstreet.com (Córdoba) – Even though the EBA published the stress tests results, showing that only…

For more information, read our latest forex news.

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=68a9548a-d750-4202-91fb-e0f61e103ea3

Forex: GBP/USD retreats from 1.6165

FXstreet.com (Córdoba) – The British Pound has entered in a consolidation phase after rallying over…

For more information, read our latest forex news.

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=81e0366e-1534-4df4-9d87-796d4b0d4a28

Italian parliament approves austerity plan

FXstreet.com (Córdoba) – Italian lawmakers approved the austerity plan with the vote of the lower…

For more information, read our latest forex news.

http://www.fxstreet.com/news/forex-news/article.aspx?storyid=b6461a15-bb97-4694-bab1-df4485336c54