Forex blog by FX-BAR the free Forex toolbarForex blog by FX-BAR the free Forex toolbarForex blog by FX-BAR. Relevant Forex news and Forex articles regarding the Forex market and Forex toolbar Articles
US Home Sales On Tap
2007-12-31 10:01:00 FX-BAR Forex Toolbar Source: Forexyard USD As we wrap up 2007, the greenback finished up the last week of the year, similar to how it started it; at a loss. A flurry of negative economic data has ransacked any chance that the dollar might have had, to recover against its major counterparts before the year’s end. Friday was ... More About: Sales , Home
Forex Technical - 12.20.07
2007-12-20 11:43:00 Join My Forex Space Forex Community EUR/USD A falling wedge structure is forming on the 4 hour chart which might take the pair to test the bottom barrier which is located at 1.4330. However, there is an upcoming reversal expected as indicated by the daily RSI and therefore going long from 1.4330 seems to be a preferable ... More About: Technical , Technic
US GDP & Unemployment Claims - On Tap
2007-12-20 11:39:00 FX-BAR Forex Toolbar USD As 2007 draws to a close, the USD is making a nice comeback. Yesterday the greenback continued to gain ground against most of the majors. Even though the Fed estimates that the economic growth will be weak into next year, the USD was bought anyway as risk aversion continues to seep through the ... More About: Unemployment , Claims
Forex Technical - 12.19.07
2007-12-19 11:41:00 Join My Forex Space Forex Community EUR/USD A bearish wedge is forming on the 4 Hour chart offering to drift this pair to 1.4332. In the case of a breach, the bottom barrier is located at 1.4380. RSI and Momentum indicators have a negative slope which is supporting the current bearish trend. Going short seems to be preferable ... More About: Technical , Technic
About Pivot Point Calculator
2007-12-11 12:04:00 Many traders have probably heard the term pivot points and recognize that they have some bearing on price action. However, most individual traders and even brokers are not familiar with the pivot point formula, perhaps because of the time involved in calculating the numbers. But professional traders including myself look at pivot points, so you ... More About: Calculator , Point
Is GBP/USD heading to 1.96?
2007-12-04 11:29:00 In this monthly chart you can see that the GBP reached the all time high a few weeks ago and then regressed back down a little. It looks like it is time for reversal. Notice the Fibonacci retracements. The 38.2 level is at around 1.96 which is also the resistance line at 2004-05. Notice that ... More About: Heading
Forex Technical - 12.04.07
2007-12-04 11:18:00 Source: Forex yard EUR/USD There is a very solid downward channel forming on the 4 hour chart, as the pair now floats on the upper level. The RSI indicates a bearish momentum towards the bottom of the channel at 1.4550. a breach through that level will unleash an additional bearish move. GBP/USD The cable has been trading in a wide ... More About: Technical , Technic
Forex Analysis - 12.04.07
2007-12-04 11:09:00 Join My Forex Space Source: Forexyard USD The US dollar is weaker across the board as the members of the Gulf Cooperation Council debate their Dollar Pegs. The two largest economies in the region, the UAE and Saudi Arabia are divided on whether they should abandon the dollar in favor of a basket peg or to continue to ... More About: Analysis , Anal
Forex Technical - 12.03.07
2007-12-03 10:52:00 Source: Forex yard EUR/USD The pair has been ranging in the past few days but it still gained no distinct direction. The daily studies are showing bearish signals and the hourlies are currently neutral. On the daily chart, observe a forming Eliot wave structure. A preferable strategy might be to wait for the hourlies to deliver a positive ... More About: Technical , Technic
Forex Analysis - 12.03.07
2007-12-03 10:48:00 Join My Forex Space Forex Community Source: Forexyard USD As we enter the month of December, it is safe to be said that the erratic month of November could get a run for its money. December is usually laced with all kinds of unique and volatile economic news, which drives global economies mad. The closing out of Q4, ... More About: Analysis , Anal
Forex Technical - 11.30.07
2007-11-30 11:29:00 Source: Forex yard EUR/USD This pair has dropped nearly a hundred pips since yesterday but the momentum and RSI on the 4H chart are relatively flat indicating that the downward movement is stalling. This pair has nearly touched the 1.4700 over the last two days which indicates a break out of the steady upward channel that it ... More About: Technical , Technic
Forex Analysis - 11.30.07
2007-11-30 11:25:00 Source: Forex Yard USD The Commerce Department yesterday reported that GDP in the US rose to a 4.9% annual rate, up from last month’s figure of 3.9%. As a result, the US dollar rose Thursday against two of its major counterparts, the Euro and the Sterling. The U.S Dollar which has dropped overall by 11% this year, ... More About: Analysis , Anal
Forex Technical - 11.29.07
2007-11-29 09:43:00 Join My Forex Space Forex Community Source: Forex Yard EUR/USD The pair is still floating in the range of 1.4800.4900 while the current move is up. On the 4 hour chart, the Slow stochastic and RSI have a positive slope suggesting that the uptrend has much room left to go. The upcoming bullish trend is expected to test ... More About: Technical , Technic
Forex Analysis - 11.29.07
2007-11-29 09:40:00 Join My Forex Space Forex Community Source: Forex yard USD As the month of November comes to end, talks of the Federal Reserve cutting interest rates have done nothing but gain steam. The rumors have has so much weight that the Dow Jones and most other Wall Street outlets saw gains yesterday just from the notion that ... More About: Analysis , Anal
Keep your Eye on the Money ? The Best Currencies You Should Keep an Eye Out
2007-11-28 10:52:00 As in every competitive place on earth, there are some who tend to do well more often than others. In the Forex market as well, some currencies are better placed than others and it is information well worth knowing if you want to gain some profits in your investments and trading. One of the easiest ... More About: Money , Currencies
Forex Technical - 11.28.07
2007-11-28 10:44:00 Join My Forex Space Forex Community Source: Forex yard EUR/USD The pair still floats within the range of 1.4800.4900 while the current move is up. The momentum is still bullish as clearly displayed by the Daily chart. The hourlies are showing RSI at the 50 level which indicates that we might see another upwards move quite shortly. GBP/USD The cable ... More About: Technical , Technic
Forex Analysis - 11.28.07
2007-11-28 10:40:00 Join My Forex Space Forex Cummunity Source: Forex yard USD The greenback strengthened all across the board yesterday on the back of news that a major Abu Dhabi investment company bought a significant portion of Citigroup. Citigroup, which is a major financial institution in the U.S, was hit very hard by the recent subprime crisis and credit crunch. ... More About: Analysis , Anal
Forex Technical - 08.23.07
2007-08-23 10:02:00 Start your own Fore x blog at FX-BAR Forex community Source: Forexyard.com EUR/USD The pair is trading at 1.3540 which is the 38.5% Fibonacci level of the 1.3850/1.3370 move and the level is established as a key resistance level. If a breach through this level will occur we might see a bullish move that will take the pair to ... More About: Technical , Technic
Forex Daily Analysis - 08.23.07
2007-08-23 09:58:00 FX-BAR Free Fore x toolbar Source: Forexyard.com USD There was no real market moving news released yesterday from the U.S markets as the greenback lost some ground against the EUR and the GBP, while strengthening slightly versus the JPY touching the 115.95 level. Markets began stabilizing on Tuesday after Fed Chairman Ben Bernanke assured he would use all available tools ... More About: Daily , Analysis , Anal
Yen Mixed Versus Major Counterparts Monday Morning
2007-08-06 13:53:00 (RTTNews) - The yen experienced mixed results against its major counterparts Monday morning in New York. The Japanese currency climbed versus the pound. Meanwhile, the yen ticked a little lower in trading with the dollar and euro. Japanese currency investors mulled data showing that Japan’s leading index rose above the boom-or-bust level of 50 for ... More About: Morning , Versus , Major , Mixed
Dollar Falls On Weak U.S. Growth And Risk Aversion
2007-08-06 13:52:00 (RTTNews) - The US currency has been holding steady versus most of the major currencies through the Asian deals on Monday. The dollar started moving sideways after extending Friday’s losses during early Asian trading. The dollar fell on Friday amid the release of a few key economic data from the U.S. The downward move confirms the ... More About: Dollar , Growth , Risk , Fall , Version
U.K. Pound Falls Against Euro, Dollar as Traders Trim Rate Bets
2007-08-06 13:51:00 By Aaron Pan and Agnes Lovasz Aug. 6 (Bloomberg) — The pound fell to a two-month low against the euro as traders added to bets the Bank of England will raise interest rates more slowly than the Euro pean Central Bank. Investors are betting on one more rate increase in the U.K. on signs borrowing costs at a ... More About: Dollar , Traders , Pound , Bets
Swiss Franc Climbs to Two-Year High as Risk Aversion Increases
2007-08-06 13:49:00 By Gavin Finch Aug. 6 (Bloomberg) — The Swiss franc rose to its highest in more than two years against the dollar as investors sold riskier assets, such as equities, and repaid loans taken out in the Swiss currency. The franc advanced against 14 of the 16 most-traded currencies as stocks in Europe and Asia fell, following ... More About: Risk , High , Ease , Year
Dollar Falls to Four-Month Low Against Yen on Growth Concerns
2007-08-06 13:47:00 By Anchalee Worrachate and Stanley White - Bloomberg.com Aug. 6 (Bloomberg) — The dollar fell to the weakest in four months against the yen and traded near a record low versus the euro on concern losses on subprime mortgages will slow the economy and prompt the Federal Reserve to cut interest rates. The dollar dropped against the ... More About: Dollar , Growth , Fall , Grow , Falls
Weekly Forex Analysis
2007-08-06 13:44:00 Source: GCI Financial ? The euro appreciated vis-ŕ-vis the U.S. dollar last week as the single currency tested offers around the $1.3790 level and was supported around the $1.3610 level. The pair gained about 150 pips last week. Evidence emerged that the U.S. credit shakeout from migrated to other asset classes such as corporate bonds and to ... More About: Analysis , Forex , Weekly , Fore , Anal
NZ Dollar Ticking Up Against Aussie, Steady Versus Yen And Greenback
2007-07-30 10:50:00 (RTTNews) - The New Zealand dollar held steady against the US and the Japanese currencies during much of the Asian deals on Monday. Against its Australian counterpart, the kiwi, however, gained slightly during this session. Deals in the NZ dollar took place amid June M3 money supply data from New Zealand on Monday. New Zealand M3 ... More About: Dollar , Versus , Aussie , Doll , Tick
Pound May Decline for Fourth Day Before BOE Mortgage Report
2007-07-30 10:48:00 By Agnes Lovasz - Bloomberg.com July 30 (Bloomberg) — The pound may decline against the dollar before a report that will probably add to evidence the housing market is slowing after five interest-rate increases in a year. The currency may fall for a fourth day from near a 26-year high versus the dollar before the Bank of ... More About: Report , Mortgage , Pound , Fore , Mort
Paulson Yuan Gain Foreseen by Pictet, Western Asset
2007-07-30 10:46:00 By Wes Goodman - Bloomberg.com July 30 (Bloomberg) — Investors from Switzerland to California are banking on U.S. Treasury Secretary Henry Paulson convincing China to let its yuan appreciate more than 5 percent in coming months. Western Asset Management Co. in Pasadena and Pictet Asset Management in Geneva are buying contracts tied to the future value of ... More About: Este , Fore
Yen Falls From Three-Month High Against Euro as Stocks Rebound
2007-07-30 10:44:00 By Kosuke Goto and Ron Harui - Bloomberg.com July 30 (Bloomberg) — The yen fell from a three-month high against the euro as a recovery in Japanese stock prices eased concern traders will reduce investments in riskier assets funded by loans in the currency. “The rebound in Asian stocks is helping to restore some risk appetite,” said ... More About: Stocks , Euro , High , Fall , Falls
Forex Weekly Analysis
More articles from this author:2007-07-30 10:25:00 Sorce: GCI Financial ? The euro depreciated vis-ŕ-vis the U.S. dollar last week as the single currency tested bids around the $1.3630 level and was capped around the $1.3850 level. The pair lost about 180 pips last week. A repricing of risk in U.S. credit markets followed worsening U.S. subprime problems. Trichet called the credit markets correction ... More About: Analysis , Forex , Weekly , Fore , Anal 1, 2, 3, 4, 5, 6, 7 |
 |
|
 |
