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EURUSD seems to have completed its retracement
2010-01-24 20:26:00
EURUSD (1.4138) EURUSD took retracement towards 1.4180 level as expected and some brokers also...For more information, read our latest forex news and reports. 9 Vote(s)

China's action unsettles buyers
2010-01-24 20:26:00
Haven demand boosted the dollar and the yen as worries over monetary tightening in China and US plans to rein in banks weighed on risk appetite14 Vote(s)
More About: Action

Google Co-Founders Sell Shares
2010-01-24 09:35:00
Google co-founders will cut their stake in the company to 47.7M shares, with Brian Kelly, Kanundrum Capital president.9 Vote(s)
More About: Google , Sell

Halftime Report: Signs Of A Top?
2010-01-24 09:35:00
Is the market starting to show signs of a top? A critical level on the S&P could confirm or deny the trend. What should you be watching?10 Vote(s)
More About: Report , Signs

Wall Street Week Ahead: Politics Overshadow Profits
2010-01-24 09:35:00
So far, nearly 20% of the S&P 500 has reported and 78% of those companies have beaten estimates-but stocks ignored the positives this week.12 Vote(s)
More About: Politics , Wall Street , Street , Wall , Week

Leaving Money on the Table
2010-01-23 19:15:00
Is leaving money on the table something to worry about in your trading? To answer that question simply the answer is Yes, but you have to let it go and not dwell on it. 2 Vote(s)
More About: Money , Table

Weekly Technical Update 1.22.2010 Greenback Strength Returns
2010-01-22 23:01:00
The USD and the JPY were the strong performers this week. The Greenback is breaking out of its recent consolidation mode. Risk aversion kept the Japanese Yen strong as the preferred safe haven currency. Commodity currencies are subdued, coming off December strength as gold made record highs. The risk aversion also pressured pairs such as the Loonie(CAD) and Aussie(AUD).2 Vote(s)
More About: Technical , Update , Weekly

Daily Video Technical Update 1.22.2010
2010-01-22 22:59:00
This week, the USD rallied on the back of safe haven flows, breaking from its recent consolidation mode. Risk aversion also helped boost the Japanese Yen. The news of China tightening monetary policy had to do with this week's sentiment. The Euro on the other hand was particularly weak. Let's take a quick look at the EUR/USD, GBP/USD and USD/JPY, and I'll cover also some interesting moves by the EUR/GBP and GBP/JPY.2 Vote(s)
More About: Video , Daily , Technical , Update

Eur/Usd: Bottoming at 1.4029
2010-01-22 21:47:00
The Euro continues to dive and make new lows this week. The price bottomed out yesterday at 1.4029 and then hanging in a consolidation range until the pair decides to do a critical breakout in either direction.2 Vote(s)

A Greenback Alternative Part 2 – “Large Cap” Versus “Small Cap”
2010-01-22 18:26:00
Editorial Director Justice Litle tells readers the characteristics of a good long-term investment and discusses the merits of large cap versus small cap currencies.2 Vote(s)
More About: Alternative , Versus , Part

USD/JPY Fights to Stabilize Around 90 After Thursday's Setback
2010-01-22 18:23:00
The USD/JPY is fighting to stabilize around its highly psychological 90 level after the currency pair took a large step down on sizable volume. The Dollar strengthened across the board after Unemployment Claims jumped back towards 500k and investors reacted negatively to Obama's proposal to reduce the size and influence of banks. 2 Vote(s)
More About: Fights

GBP/USD Darts Lower Following Disappointing Retail Sales
2010-01-22 18:22:00
The Cable continued yesterday's downturn in reaction to UK Retail Sales printing a full basis point below analyst expectations. The Cable had held up very well during the EUR/USD's deterioration earlier this week due to positive UK CPI and employment data. Hence, today's negative Retail Sales number gave investors a fundamental reason to weaken the Pound, highlighted by a sizable pop in the EUR/GBP. 2 Vote(s)
More About: Lower

EUR/USD Stabilizes Following Encouraging Industrial New Orders Data
2010-01-22 18:21:00
The EUR/USD has stabilized above Thursday lows after the EU released an Industrial New Orders figure a full percentage point above analyst expectations. A positive data release has allowed the Euro to finally create some sort of bottom after this week's huge pullback. The Euro's relative strength today is highlighted by a solid pop in the EUR/GBP.2 Vote(s)
More About: Data

Forecast on Spot Gold (Spot Gold, NZDUSD, USDSGD)
2010-01-22 08:10:00
SPOT GOLD closed @ 10956 which was BELOW the open and breached the previous day's low. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 20 pips from Precise Trader's Dly Level. The Hourly Oscillators are Bearish but Weak and the price is Below the MA, so CAUTIOUS approach is needed for the Bears. Hourly Trend is Corrective Down while 11190 holds and Daily Trend is Sideways Down while 11465 holds, so expect the price to make Lower Lows but the Downside may be limited. 2 Vote(s)
More About: Gold , Spot

Forecast on JPY Crosses (EURJPY, GBPJPY, AUDJPY)
2010-01-22 08:09:00
EURJPY closed @ 12735 which was BELOW the open and breached the previous day's low. The High was 15 pips from Precise Trader's Res Tgt 1 and the Low was 15 pips from Precise Trader's Sup Zone 5 (U Turn Zone). The Hourly Oscillators are Bearish and the price is Below the MA, so the Bulls have to be sidelined. Hourly Trend is Corrective Down while 12905 holds and Daily Trend is Sideways Down while 13060 holds, so expect the price to be Choppy with a Downside bias. The Daily Trend had a huge2 Vote(s)

Forecast on USD Minors (USDCHF, AUDUSD, USDCAD)
2010-01-22 08:08:00
USDCHF closed @ 10430 which was BELOW the open and was within prior day's trading range. The High was 5 pips from Precise Trader's Res Tgt 1 and the Low was PRECISELY at Precise Trader's Sup Zone 1. The Hourly Oscillators are Turning Bearish and the price is Above the MA, so the Bulls have to be CAUTIOUS. Hourly Trend is Sideways Down while 10495 holds and Daily Trend is Sideways Up while 10230 holds, so expect the price to be Choppy with a Downside bias. The Daily Trend is displaying the 2 Vote(s)

Forecast on USD Majors (EURUSD, GBPUSD, USDJPY)
2010-01-22 08:06:00
EURUSD closed @ 14085 which was BELOW the open and was within prior day's trading range. The High was PRECISELY at Precise Trader's Res Zone 1 and the Low was 15 pips from Precise Trader's Sup Tgt 1. The Hourly Oscillators are Turning Bullish and the price is Below the MA, so the Bears have to be CAUTIOUS. Hourly Trend is Corrective Down while 14205 holds and Daily Trend is Sideways Down while 14505 holds, so expect the price to make Lower Lows but the Downside may be limited. The Daily Tre2 Vote(s)

+755 Pips This Week - Forex Signals 22nd Jan
2010-01-22 07:02:00
What a week we having here. It has been great in terms of number of trades vs overall profit, evident by the fact that we had far less trades than usual. We still have another day to go and I am hopeful that we will have some more good trades.2 Vote(s)
More About: Forex , Week

How to Choose the Best Automatic Currency Trading System
2010-01-21 20:51:00
2 Vote(s)
More About: System , Currency Trading , Trading , Currency , Automatic

USD/JPY Rises with Broad Dollar Strength
2010-01-21 18:10:00
The USD/JPY continued to strengthen today, driving north towards 1/14 highs as the Dollar strengthened across the board. Investors exited the risk trade in a hurry after China's CPI and PPI data printed hotter than analyst expectations, indicating China's central bank may need to tighten liquidity to temper inflation. 2 Vote(s)

GBP/USD Stabilizes Following Sizable Intraday Losses
2010-01-21 18:08:00
The Cable has bounced off of our 3rd tier uptrend line after experiencing a large leg down during the Asia trading session. The Cable finally participated in the broad-based Dollar strength taking place over the last couple days after pricing data from China printed hotter than anticipated. 2 Vote(s)

EUR/USD Sinks Further on Strong China CPI/PPI and Weak EU PMI
2010-01-21 18:07:00
The EUR/USD added onto yesterday's losses after the Dollar appreciated across the board in reaction to stronger than expected CPI and PPI data from China . Inflationary data in China indicates its central bank may be enticed to tighten liquidity further should prices continue to rise.1 Vote(s)
More About: Sinks

USD/JPY – Fibonacci stands in the way
2010-01-21 17:32:00
Dollar-Yen broke the resistance specified in yesterday's report 91.30 and successfully reached the modest target for this break 91.64, but it did so with an astonishing accuracy since the Asian session high was exactly 91.64. This very accurate stopping indicates that...2 Vote(s)

Euro – Have we reached a bottom?
2010-01-21 17:25:00
The Euro broke yesterday's support 1.4185, and successfully reached the suggested target for this break 1.4103. With approaching 1.40, and most of the indicators going oversold on most time frames, we should ask ourselves, have we reached a bottom at...2 Vote(s)

Forex Live Room - 21st Jan 2010. Live Forex (fx) Trading, FXLR Morning Vide
2010-01-21 14:14:00
Forex Live Room (FXLR) video summary of London Open and our outlook for the U.S. open. All trades taken in our live room are fully documented on our website. All forex trading in our live room is fully documented on our website. We offer members a live trading room. www.forexliveroom.com2 Vote(s)
More About: Forex , Trading , Morning

Eur/Gbp: Have We Hit a Temporary Bottom?
2010-01-21 14:12:00
This Daily Forex Blog has many articles and resources to help any trader.2 Vote(s)

Euro At 5-Month Low, Aussie Steady After China Data
2010-01-21 09:03:00
The euro hit a five-month low on the dollar on Thursday, as its sell-off on chart triggers and fiscal worries extended, while the Australian dollar held its ground as Chinese growth quickened but the risk of tighter policy also grew.11 Vote(s)
More About: China , Euro , Data

Private Sector Investment Growth Tops Thailand's Agenda
2010-01-21 09:03:00
Thailand's economy is projected to pick up steam this year on the back of strong export growth, but the main challenge for the country is whether it can boost private sector investment, said Korn Chatikavanij, the Finance Minister of Thailand.6 Vote(s)
More About: Investment , Tops , Growth , Agenda , Private

FX Technical Analysis
2010-01-21 09:03:00
EURUSD Comment: Dropping below the flat-topped Ichimoku 'cloud' because it drops suddenly to a trough next week. Approaching the 50% long term Fibonacci retracement support so watch how it might react here. The Euro is as oversold as it was in thin markets at Christmas and good futures volume suggests...9 Vote(s)
More About: Technical , Analysis , Technical Analysis

Flows - USD/IDR slipping; Moody's affirmed "Stable" outlook
2010-01-21 09:03:00
Published at 07:25 (GMT) 21 Jan The pairing slipped below the 9300-figure into afternoon trades...For more information, read our latest forex news and reports. 8 Vote(s)
More About: Outlook