March

 
31
 

Swing Technicals- USD/CAD Slowly Rallying to Short Opportunity at 1.0073

Fri, 30 Mar 2012 23:30:52 GMT

Swing Technicals- USD/CAD Slowly Rallying to Short Opportunity at 1.0073 Published on 31/03/2012


 
30
 

FX: Kicking Q2 Off With A Bang

Fri, 30 Mar 2012 17:24:20 GMT

The first quarter of 2012 has officially drawn to a close. The New Zealand dollar was the best performing G20 currency this quarter, rising more than 5.

GBP/AUD: Longer-term Uptrend to Continue for another 200 Pips?

Fri, 30 Mar 2012 12:55:16 GMT

As of writing, the GBP/AUD is currently testing a minor level of previous resistance near 1.

FX: Mixed US Data and Underwhelming EZ Firewall

Fri, 30 Mar 2012 09:25:42 GMT

The euro and other high beta currencies are trading higher against the U.S. dollar this morning despite mixed U.S. data and an underwhelming Eurozone firewall.

Candlestick Daily: New USD/JPY Sell, EUR/USD Stop to Breakeven

Fri, 30 Mar 2012 08:41:12 GMT

Candlestick Daily: New USD/JPY Sell, EUR/USD Stop to Breakeven Published on 30/03/2012

Candlestick Daily: GBP/USD Breaks Out as EUR/USD Struggles Below 1.3375

Fri, 30 Mar 2012 08:41:12 GMT

Candlestick Daily: GBP/USD Breaks Out as EUR/USD Struggles Below 1.3375 Published on 30/03/2012

Risk FX Refuses to Fall

Fri, 30 Mar 2012 05:28:57 GMT

An early morning rally in risk FX fizzled on the last trading day of the month as EUR/USD settled into a familiar 1.3300-1.

Euro Recovers French Consumer Data Helps Offset Weak German Spending

Fri, 30 Mar 2012 03:35:32 GMT

A busy session in Asian trade today with heavy two way flows in many of the major currencies as end of the month fixing and key stop levels dominated trading on


 
29
 

NZD/JPY to Resume Uptrend at 66.03?

Thu, 29 Mar 2012 20:02:06 GMT

A bullish Gartley pattern is emerging that is creating an opportunity to go long within the recent uptrend.

Swing Technicals- EUR/USD Long Opportunity at 1.3237

Thu, 29 Mar 2012 17:44:48 GMT

Swing Technicals- EUR/USD Long Opportunity at 1.3237 Published on 29/03/2012

EUR: 2 Big Events For Friday

Thu, 29 Mar 2012 17:14:28 GMT

Friday is a big day for the EUR/USD with 2 important events that could affect how the currency trades for weeks to come.

EUR/JPY Bounce Anticipated off 1.0850 Support

Thu, 29 Mar 2012 13:53:04 GMT

With March (and thus the Japanese fiscal year) coming to a close at the end of this week, we may see repatriation as driver of JPY strength end soon.

USD: Jobless Claims Validates Fed’s Caution

Thu, 29 Mar 2012 09:04:12 GMT

At this fragile juncture in the global recovery, weaker than expected U.S. economic data gives investors more reason to be nervous. Earlier this week, w

Candlestick Daily: EUR/USD Long Intact Despite Morning Selloff

Thu, 29 Mar 2012 08:39:51 GMT

Candlestick Daily: EUR/USD Long Intact Despite Morning Selloff Published on 29/03/2012

EUR/USD Drops Below 1.3300 as Risk Aversion Accelerates

Thu, 29 Mar 2012 05:40:01 GMT

Risk FX came under moderately heavy pressure in morning European trade today with EUR/USD dropping below the 1.

Better German Labor Data Fails to Spark a Rally in Euro

Thu, 29 Mar 2012 04:30:04 GMT

German unemployment declined more than forecast indicating that demand for labor in Europe’s largest economy remains robust despite economic stagnation in the b


 
28
 

AUD/JPY Short Opportunity at 88.03.

Wed, 28 Mar 2012 19:52:14 GMT

A bearish Gartley pattern is emerging on the AUD/JPY. This trade idea would also create a bearish head and shoulders pattern.

Swing Technicals- NZD/USD Short at 0.8280 Still Is In Play

Wed, 28 Mar 2012 17:51:32 GMT

Swing Technicals- NZD/USD Short at 0.8280 Still Is In Play Published on 28/03/2012

EUR: Supported By Hope Of Firewall Boost

Wed, 28 Mar 2012 16:27:12 GMT

The euro ended the North American trading session only slightly lower against the U.S. dollar.

EUR/USD Update: Cut Risk in Half as Rates Bounce Off Buy Entry

Wed, 28 Mar 2012 13:22:36 GMT

At this point, the stop outlined for Monday's EUR/USD trade is now much further from the current market price than necessary.

USD: Impact of Durable Goods and Quarter End Flows

Wed, 28 Mar 2012 09:32:02 GMT

The main theme in the financial market this morning is risk aversion. High beta currencies such as the EUR/USD, GBP/USD, AUD/USD fell sharply after the U.S.

Candlestick Daily: Awaiting EUR/USD Pullback to Bullish Trend Line

Wed, 28 Mar 2012 08:42:06 GMT

Candlestick Daily: Awaiting EUR/USD Pullback to Bullish Trend Line Published on 28/03/2012

Risk FX Seesaws on End of Month Flows

Wed, 28 Mar 2012 05:21:42 GMT

Another seesaw night of trade in the FX market with currencies trading more on technical considerations such as end of the month flows rather than any fresh fun

Aussie Slides Lower Despite Upbeat RBA

Wed, 28 Mar 2012 02:35:09 GMT

Currencies saw a very quiet trading session in Asia with mild risk off appetite dominating flow as the region’s equity slipped lower.


 
27
 

Trading Psychology- Accepting the Risk

Tue, 27 Mar 2012 21:10:24 GMT

Accepting the risk before placing a trade is one of the most important components of a winning trader's psychological makeup.

Swing Technicals- USD/CAD to Resume Downtrend at 1.0073?

Tue, 27 Mar 2012 18:02:34 GMT

Swing Technicals- USD/CAD to Resume Downtrend at 1.0073? Published on 27/03/2012

USD: Not a Good Time for Slower US Recovery

Tue, 27 Mar 2012 16:42:37 GMT

It has been an extremely quiet day in the foreign exchange market with the U.S. dollar treading water against most of major currencies.

GBP/JPY: All Aboard - Next Stop 1.3500!

Tue, 27 Mar 2012 13:52:58 GMT

A break in the GBP/JPY above previous resistance at 133.45 would likely lead to a quick continuation up to previous resistance and the 78.

Weaker US Data Not Enough to Push USD Lower

Tue, 27 Mar 2012 10:09:41 GMT

After selling off sharply against most major currencies on Monday, we are seeing signs of stability in the U.S. dollar

Candlestick Daily: EUR/USD Pullback to Present Buying Opportunity

Tue, 27 Mar 2012 07:46:20 GMT

Candlestick Daily: EUR/USD Pullback to Present Buying Opportunity Published on 27/03/2012

Euro Hits 1 Month Highs as Auctions Go Well

Tue, 27 Mar 2012 05:53:02 GMT

EUR/USD hit month to date highs in early European trade today propelled by better than expected results from the Italian bond auction as it extended its rally f

German Consumer Sentiment Slips

Tue, 27 Mar 2012 02:44:41 GMT

German GFK Consumer sentiment survey dipped in March dropping to 5.9 from 6.0 the month prior and considerably below 6.2 forecast.


 
26
 

Review: Trading Psychology and Drawdowns

Mon, 26 Mar 2012 20:00:33 GMT

Why is psychology the most important aspect of trading how to stay in the right frame of mind.

Swing Technicals- NZD/USD Short Opportunity at 0.8280

Mon, 26 Mar 2012 18:17:33 GMT

Swing Technicals- NZD/USD Short Opportunity at 0.8280 Published on 26/03/2012

USD: What Really Irked Bernanke

Mon, 26 Mar 2012 16:45:05 GMT

This morning’s comments from Fed Chairman Ben Bernanke had a major impact on currencies, equities, commodities and Treasuries.

Fundamentals and Technicals Agree: EUR/USD Headed for 1.3400

Mon, 26 Mar 2012 13:45:58 GMT

Starkly different economic assessments by Federal Reserve Chairman Bernanke and ECB President Draghi suggest that fundamentally, the EUR/USD rally may have furt

Bernanke Crushes Hopes of Dollar Bulls

Mon, 26 Mar 2012 09:29:33 GMT

The U.S. dollar fell sharply this morning on the heels of Bernanke's comments about future monetary policy.

Candlestick Daily: NZD/USD Breakout Buy Opportunity

Mon, 26 Mar 2012 08:05:54 GMT

Candlestick Daily: NZD/USD Breakout Buy Opportunity Published on 26/03/2012

IFO Fails to Lift the Euro

Mon, 26 Mar 2012 05:46:43 GMT

Risk currencies sold off on the first trading day of the week with EUR/USD tumbling below the 1.

NZ Trade Balance Helps Risk FX at Start of Week

Mon, 26 Mar 2012 01:33:50 GMT

New Zealand trade balance returned to surplus in February printing at 161M versus 154M eyed and contrasting sharply with the deficit of -159M the month prior.


 
23
 

Trading with a Flexible Mindset

Fri, 23 Mar 2012 18:18:19 GMT

Don't let your opinions get in the way of your analysis.

Swing Technicals- GBP/USD Short Opportunity at 1.5961

Fri, 23 Mar 2012 17:17:39 GMT

Swing Technicals- GBP/USD Short Opportunity at 1.5961 Published on 23/03/2012

The Biggest Threat To Euro

Fri, 23 Mar 2012 17:07:09 GMT

The euro ended the week slightly higher against the U.S. dollar.

USD/JPY Extends Losses On Weak New Home Sales

Fri, 23 Mar 2012 10:12:13 GMT

It has been a quiet but choppy morning in the foreign exchange market. European currencies rebounded against the U.S. dollar

Risk FX Spikes on Short Covering Rally

Fri, 23 Mar 2012 05:40:03 GMT

Risk FX staged a vicious short covering rally in early European trade today on reputed buying by Russian central bank and speculation that the PBOC may lower it

French Manufacturing Data Improves

Fri, 23 Mar 2012 04:13:05 GMT

French Manufacturing outlook improved in March with sentiment rising to 96 from 92.0 the month earlier.


 
22
 

Will EUR/GBP Resume Downtrend at 0.8405?

Thu, 22 Mar 2012 20:02:37 GMT

A bearish butterfly pattern is forming on the EUR/GBP.

Swing Technicals- Bearish Head and Shoulders Crystalizing on the GBP/USD

Thu, 22 Mar 2012 18:47:04 GMT

Swing Technicals- Bearish Head and Shoulders Crystalizing on the GBP/USD Published on 22/03/2012

FX: Will the Turnaround in Risk Last?

Thu, 22 Mar 2012 17:04:06 GMT

Taking a look at the price action in the currency and equity markets, many investors may be wondering if the rally is finally over.

EUR/AUD: Uptrend Confirmed, Long Opportunity Above 1.2745

Thu, 22 Mar 2012 13:33:43 GMT

The bias has now turned bullish in the EUR/AUD, and as the daily chart shows, there is plenty of room for continued rallies, with no levels of previous support/

USD Rises but Mounting Global Risks Keeps FX Pressured

Thu, 22 Mar 2012 08:55:05 GMT

With the U.S. dollar and the Japanese Yen being the best performing currencies this morning, it is clear that mounting risks in the financial market

Candlestick Daily: Selling AUD/USD Bounces Toward 1.0400

Thu, 22 Mar 2012 08:52:33 GMT

Candlestick Daily: Selling AUD/USD Bounces Toward 1.0400 Published on 22/03/2012

High Beta Currencies Battered By Weak Data

Thu, 22 Mar 2012 07:22:49 GMT

High beta FX took a beating in Asian and early European trade today as weaker than expected PMI data from China and Europe weighed on Aussie and euro while a mi

Weak Chinese PMI takes its Toll on Aussie

Thu, 22 Mar 2012 03:52:38 GMT

Chinese PMI data for March missed its mark stocking further fears of slowdown in Chinese economic activity and sending Aussie below the 1.


 
21
 

Update: GBP/NZD to Resume Downtrend at 1.9511?

Wed, 21 Mar 2012 21:23:42 GMT

We have updated the profit target for our GBP/NZD trade idea.

Swing Technicals- USD/CHF Ready For A Rally?

Wed, 21 Mar 2012 17:59:42 GMT

Swing Technicals- USD/CHF Ready For A Rally? Published on 21/03/2012

What Is Different About Todays EUR Weakness

Wed, 21 Mar 2012 16:56:18 GMT

In terms of price action, it has been a very normal day for the euro.

EUR/AUD Rally Stalling, Strong Risk/Reward on Reversal Trade

Wed, 21 Mar 2012 13:35:25 GMT

Despite the recent breakout, the EUR/AUD has not continued to rally as one would expect, and in fact, is showing signs of reversing.

FX: Existing Home Sales, Bernanke and UK Budget

Wed, 21 Mar 2012 10:19:07 GMT

The U.S. dollar continues to trade higher against all of the major currencies despite weaker than expected existing home sales.

Candlestick Daily: EUR/USD and GBP/USD Shows Signs of Top

Wed, 21 Mar 2012 08:46:53 GMT

Candlestick Daily: EUR/USD and GBP/USD Shows Signs of Top Published on 21/03/2012

Cable Crashes on High PSNB, Dovish MPC Minutes

Wed, 21 Mar 2012 06:12:12 GMT

Cable crashed in morning London trade dropping more than 70 points in the wake or worse than expected Public Sector Net Borrowing numbers and more dovish MPC mi

Aussie Boosted on Resource Export Expectations

Wed, 21 Mar 2012 04:03:01 GMT

The Australian Bureau of Resources projected that resource and energy earnings would break export records helping to spark a small short covering rally in AUD/U


 
20
 

Live Account vs. Demo Account

Tue, 20 Mar 2012 21:39:03 GMT

We will review why your results in your demo account will probably contrast sharply with the results in your live account.

Swing Technicals- USD/JPY Rally To See Pullback At 84.14?

Tue, 20 Mar 2012 18:02:44 GMT

Swing Technicals- USD/JPY Rally To See Pullback At 84.14? Published on 20/03/2012

Can the Dollar Lose?

Tue, 20 Mar 2012 17:01:02 GMT

Over the past few weeks, we have seen the dollar rise whenever stocks and Treasury yields moved higher. The growing attractiveness of U.S. assets

GBP/USD: Reversing to Sell below 1.5815

Tue, 20 Mar 2012 13:00:05 GMT

As the daily chart shows, the GBP/USD is roughly in the middle of the recent consolidation range from 1.5650 up to 1.

Dollar Catches Safe Haven Bid

Tue, 20 Mar 2012 08:56:09 GMT

Investors are snapping up U.S. dollars this morning and the rally has all the characteristics of a safe haven bid. We

Candlestick Daily: GBP/USD Supported While Aussie and Kiwi Collapse

Tue, 20 Mar 2012 07:40:43 GMT

Candlestick Daily: GBP/USD Supported While Aussie and Kiwi Collapse Published on 20/03/2012

Aussie Hammered on Fears of Chinese Slowdown

Tue, 20 Mar 2012 06:05:33 GMT

The Australian dollar was hammered in Asian and early European trade today dropping below the key 1.

RBA Minutes Fail to Prop Up Aussie

Tue, 20 Mar 2012 03:31:51 GMT

The RBA minutes released in early Asian session trade were relatively upbeat in their assessment of the economy Down Under but new from BHP Billiton regrading p

EUR/NZD Long Opportunity at 1.5822

Tue, 20 Mar 2012 00:13:39 GMT

A bullish Gartley pattern is forming on the EUR/NZD.


 
19
 

Swing Technicals- NZD/USD Testing Key Resistance Near 0.8275

Mon, 19 Mar 2012 18:10:20 GMT

Swing Technicals- NZD/USD Testing Key Resistance Near 0.8275 Published on 19/03/2012

FX: Are Investors Ignoring Oil at Their Own Peril?

Mon, 19 Mar 2012 16:45:39 GMT

In a perfect world, currencies, equities and bonds will move in unison, telling the same story about the market’s outlook for the U.S. economy. Today U.S.

GBP/AUD: Accelerated Trend Line Prompts Stop Adjustment

Mon, 19 Mar 2012 13:36:07 GMT

At this point, the trend of higher highs and higher lows in the GBP/AUD remains intact, but if rates are unable to break above recent resistance at 1.

Dollar Ticks Up Alongside Yields Despite Dudley Comments

Mon, 19 Mar 2012 09:44:50 GMT

With no major U.S. economic reports on the calendar this morning, the fate of the dollar lies in the hands of U.S. yields and U.S. equities.

Candlestick Daily: GBP/USD Rally Continues, 1.60 Next?

Mon, 19 Mar 2012 08:38:23 GMT

Candlestick Daily: GBP/USD Rally Continues, 1.60 Next? Published on 19/03/2012

USD/JPY Drifts to 83.00 as US Yields Compress

Mon, 19 Mar 2012 05:56:08 GMT

Mild risk aversion dominated early European morning trade in the currency market on the first trading day of the week, as equity markets drifted lower dragging

Aussie Sees Little Reaction to Stevens Speech

Mon, 19 Mar 2012 04:11:07 GMT

It been a very quiet Asian session on the first trading day of the week with very little headline or economic event risk on the calendar.


 
18
 

Classic Technicals: The Week Ahead, Mar. 11 – 16, 2012

Sun, 18 Mar 2012 15:32:51 GMT

A technical preview into what this week's price action may bring for 7 major currency pairs

GBP/NZD to Resume Downtrend at 1.9511?

Sun, 18 Mar 2012 14:13:07 GMT

A bearish Gartley and double top is emerging on the GBP/NZD.


 
16
 

FX Week Ahead – Elections, Repatriation, US, UK Data

Fri, 16 Mar 2012 17:53:04 GMT

Over the past week, we have seen the drama in the foreign exchange market subside.

AUD/JPY at 10-Month Highs, Next Stop 89.50?

Fri, 16 Mar 2012 12:59:12 GMT

The 88.00 round handle will be anticipated to provide support on the AUD/JPY and could serve as a staging area for further rallies.

Softer Core CPI Growth Shaves Gains in the Dollar

Fri, 16 Mar 2012 08:50:59 GMT

The U.S. dollar is trading lower against all of the major currencies this morning following softer than expected

Candlestick Daily: 2-Week GBP/USD Downtrend Ends, Long Opportunity at 1.5755

Fri, 16 Mar 2012 08:37:44 GMT

Candlestick Daily: 2-Week GBP/USD Downtrend Ends, Long Opportunity at 1.5755 Published on 16/03/2012

Dollar Rally Depends on US CPI

Fri, 16 Mar 2012 06:06:53 GMT

Another very lackluster night of trade in FX with major essentially directionless as we approach the end of the week with the dollar remaining bid as US rates c

USD/JPY Rally Stalls

Fri, 16 Mar 2012 03:56:27 GMT

Its been a quiet last trading day of the week in Asian session today with most currencies tracing out narrow ranges as markets were content to simply consolidat


 
15
 

EUR/AUD Long Opportunity at 1.2328

Thu, 15 Mar 2012 20:04:29 GMT

A bullish Gartley pattern is currently forming on the EUR/AUD.

Swing Technicals- USD Pullback Could Lead To Key Test At USD/JPY Trend Line

Thu, 15 Mar 2012 18:13:35 GMT

Swing Technicals- USD Pullback Could Lead To Key Test At USD/JPY Trend Line Published on 15/03/2012

4 Reasons Why Dollar Weakened Today

Thu, 15 Mar 2012 17:22:43 GMT

The U.S. dollar sold off against all the major currencies today for a few different reasons.

EUR/JPY Finds Floor near Long Entry, Stop to 108.50

Thu, 15 Mar 2012 13:10:30 GMT

After this morning’s selling pressure in the EUR/JPY, a recent 4hr Doji candle may be the first sign of a shift to buying pressure and a resumption of the uptre

Is the Party Over for the Dollar?

Thu, 15 Mar 2012 09:10:19 GMT

Based on the market's reaction to this morning's better than expected U.S. economic reports, the rally in the dollar could be running out of steam.

Candlestick Daily: New AUD/USD Sell Under 1.0500 Support

Thu, 15 Mar 2012 07:42:19 GMT

Candlestick Daily: New AUD/USD Sell Under 1.0500 Support Published on 15/03/2012

Dollar Rally Depends on US Rates

Thu, 15 Mar 2012 05:45:44 GMT

It’s been another very quiet night of trade in the FX market with EUR/USD testing support in early Asia at 1.3000 only to recover to 1.

EUR/CHF Dips Below 1.2100 as SNB Does Not Raise Peg

Thu, 15 Mar 2012 05:07:18 GMT

EUR/CHF fell below the 1.


 
14
 

GBP/CAD to Resume Downtrend at 1.56456?

Wed, 14 Mar 2012 19:48:53 GMT

A bearish Gartley pattern is forming on the GBP/CAD.

Swing Technicals- GBP/USD to Resume Downtrend at 1.57965?

Wed, 14 Mar 2012 18:13:27 GMT

Swing Technicals- GBP/USD to Resume Downtrend at 1.57965? Published on 14/03/2012

Can the Dollar Continue its Rise?

Wed, 14 Mar 2012 16:51:17 GMT

The U.S. dollar is back! With stocks continuing to rally and the U.S.

Quick AUD/USD Sell Opportunity on Bounce to 1.05 Resistance

Wed, 14 Mar 2012 13:25:00 GMT

The 20-day EMA, which previously provided support throughout the AUD/USD uptrend, has now rolled over and is providing resistance as it shepherds rates lower.

Dollar Shakes Off Weak Data as Yields Break Higher

Wed, 14 Mar 2012 09:07:38 GMT

The U.S. dollar continued to perform well this morning despite weaker economic data. The U.S.

Candlestick Daily: Near-Term USD/CAD Short Opportunity at .9897

Wed, 14 Mar 2012 08:59:12 GMT

Candlestick Daily: Near-Term USD/CAD Short Opportunity at .9897 Published on 14/03/2012

Aussie Decouples From Risk

Wed, 14 Mar 2012 06:21:24 GMT

Dollar remained dominant in Asian and early European trade today rising against most of the majors as yesterday’s string US economic data, relatively positive a

Dollar Remains Bid in Asian Session Trade

Wed, 14 Mar 2012 04:03:05 GMT

The dollar remained well bid in Asian session trade today with USD/JPY making yet another year to date high as the pair traded to a high of 83.


 
13
 

NZD/CHF Short Opportunity at 0.7629

Tue, 13 Mar 2012 19:57:29 GMT

A bearish Gartley pattern is forming on the NZD/CHF.

Swing Technicals- NZD/USD Slowly Rising To 0.83183 Short

Tue, 13 Mar 2012 18:06:45 GMT

Swing Technicals- NZD/USD Slowly Rising To 0.83183 Short Published on 13/03/2012

Will USD Continue To Take Cue From US Data?

Tue, 13 Mar 2012 17:25:14 GMT

Over the past few months the U.S. dollar traded primarily on risk appetite.

FOMC Statement Positive for USD and US Stocks

Tue, 13 Mar 2012 15:13:15 GMT

Today’s FOMC monetary policy announcement was good for the U.S. dollar and for U.S. stocks which is rare considering that

GBP/AUD: On the Verge of a Significant Breakout

Tue, 13 Mar 2012 13:13:32 GMT

A recent bullish trend line on the GBP/AUD confirms the buying pressure and suggests a bullish bias is appropriate in the medium-term.

Dollar Bulls Expect Fed to Dial Up Optimism

Tue, 13 Mar 2012 09:00:17 GMT

Stronger than expected U.S. retail sales numbers helped the dollar hold onto its gains ahead of this afternoon's Federal Reserve monetary policy announcement.

Candlestick Daily: EUR/USD Selloff At Critical 1.31 Support

Tue, 13 Mar 2012 08:39:13 GMT

Candlestick Daily: EUR/USD Selloff At Critical 1.31 Support Published on 13/03/2012

Will US Session Push USD/JPY to Fresh Yearly High?

Tue, 13 Mar 2012 06:23:35 GMT

USD/JPY hit fresh year to date highs rising to 82.75 in early European trade today after dovish comments by BOJ Governor Shirakawa boosted the pair. Mr.

USD/JPY Breaks Above 83.50 at Start of EU Trade

Tue, 13 Mar 2012 04:35:29 GMT

The EUR/USD short covering rally ran out of steam at the start of European trade today as the pair drifted back towards its 1.


 
12
 

Trading Psychology- Recency Bias

Mon, 12 Mar 2012 20:45:57 GMT

What is recency bias, and how can it negatively impact your trading results?

Swing Technicals- NZD/USD Short Opportunity at 0.83183

Mon, 12 Mar 2012 18:15:49 GMT

Swing Technicals- NZD/USD Short Opportunity at 0.83183 Published on 12/03/2012

USD: Feds Game Plan For Recovery

Mon, 12 Mar 2012 17:03:43 GMT

It has been an extremely quiet day in the foreign exchange market. The lack of U.S.

EUR/JPY: Stage Set for Run to 2012 Highs

Mon, 12 Mar 2012 13:28:03 GMT

Despite pausing for the past 2 trading days, the EUR/JPY may yet have room up to the 2012 highs near 110.00 set last month.

FOMC Preview: Could It Spark a Third Week of Gains for USD?

Mon, 12 Mar 2012 11:00:31 GMT

Being long dollars has paid off handsomely over the past 2 weeks thanks to a combination of better than expected U.S. economic data and risk aversion.

Candlestick Daily: USD/JPY Long Triggers, Eyeing 83.00 Next

Mon, 12 Mar 2012 08:48:19 GMT

Candlestick Daily: USD/JPY Long Triggers, Eyeing 83.00 Next Published on 12/03/2012

FX Quiet on First Trading Day of the Week

Mon, 12 Mar 2012 05:21:58 GMT

It’s been a quiet start of the week in FX with major currencies consolidating their losses to the dollar after last Friday’s better than forecast NFP’s with EUR

Quiet Start of the Week for FX as China's Trade Deficit at Decade High

Mon, 12 Mar 2012 03:50:26 GMT

Currency markets were extremely quiet during the Asian session on the first trading day of the week with risk currencies consolidating their losses suffered las


 
11
 

Classic Technicals: The Week Ahead, Mar. 11 – 16, 2012

Sun, 11 Mar 2012 15:40:58 GMT

A preview into this week's price action may bring for 7 major currency pairs...


 
9
 

EUR/JPY Long Opportunity at 99.62

Fri, 09 Mar 2012 19:45:35 GMT

A bullish Gartley pattern is emerging on the EUR/JPY.

Swing Technicals- AUD/USD Short Opportunity at 1.0726

Fri, 09 Mar 2012 19:16:48 GMT

Swing Technicals- AUD/USD Short Opportunity at 1.0726 Published on 09/03/2012

What Lack Of Reaction To ISDA Signals For EUR

Fri, 09 Mar 2012 17:43:56 GMT

For the past few months, the market has been obsessed with how the Greek saga will play out.

USD/JPY: The Uptrend that Keeps on Giving

Fri, 09 Mar 2012 12:43:32 GMT

This morning’s break above 9-month highs at 82.20 opens the door for further continued rallies.

Good Day for USD Thanks to Strong Payrolls and Greek Swap

Fri, 09 Mar 2012 09:11:38 GMT

February was another solid month for job growth. The U.S. economy added 227k jobs last month, leaving the unemployment rate intact at 8.3 percent.

Candlestick Daily: USD/JPY Stop to B/E as NFP Looms

Fri, 09 Mar 2012 08:10:03 GMT

Candlestick Daily: USD/JPY Stop to B/E as NFP Looms Published on 09/03/2012

Rally in Risk FX Hinges on NFP

Fri, 09 Mar 2012 05:31:51 GMT

Risk FX saw little reaction to the announcement that Greece triggered the Common Action Clauses in its bond contracts to push the total uptake in the debt swap

Greek Swap Deal Above 83% but Risk FX Nonplussed

Fri, 09 Mar 2012 03:52:42 GMT

Earlier today, Greece announced that 83.5% of bonds have accepted the bond swap offer and the number will rise to 95.


 
8
 

GBP/CAD to Resume Uptrend at 1.56354?

Thu, 08 Mar 2012 19:49:31 GMT

A bullish Gartley pattern is forming on the GBP/CAD.

Swing Technicals- USD/JPY Bullish Trend Line Could Be Tested After NFP

Thu, 08 Mar 2012 18:12:43 GMT

Swing Technicals- USD/JPY Bullish Trend Line Could Be Tested After NFP Published on 08/03/2012

EUR: Short Covering Ahead Of Greek PSI Results

Thu, 08 Mar 2012 16:09:54 GMT

Short covering ahead of the Greek bond swap results drove the EUR/USD higher for the second consecutive trading day.

Non-Farm Payrolls Preview: No Threat to Rally

Thu, 08 Mar 2012 13:36:09 GMT

The U.S.

AUD/NZD: Greece and NFP Event Risk Provokes Stop Adjustment

Thu, 08 Mar 2012 11:35:04 GMT

At this point, a reversal back to the topside in the pair may signal that the 20-day EMA (currently at 1.

5 Reasons Why ECB Comments Should Have Been EUR Positive But Wasn’t

Thu, 08 Mar 2012 10:45:16 GMT

It has been an extremely busy morning in the foreign exchange market with 3 central banks delivering monetary policy announcements.

Candlestick Daily: USD/JPY Long Approaching Risk Management Level

Thu, 08 Mar 2012 08:43:42 GMT

Candlestick Daily: USD/JPY Long Approaching Risk Management Level Published on 08/03/2012

Risk FX Rallies on Hopes of Greek Deal

Thu, 08 Mar 2012 05:38:58 GMT

Risk staged a very strong rally in early European trade today as currency markets became more confident that the Greek government will be able to enact its debt


 
7
 

GBP/CAD Short Opportunity at 1.58652

Wed, 07 Mar 2012 20:14:06 GMT

A bearish Gartley pattern is forming on the GBP/CAD.

Aussie Shrugs Off Weak Labor Data

Wed, 07 Mar 2012 20:13:00 GMT

Australian employment data missed it mark printing at -15.4K versus 5.

Swing Technicals- USD/CAD Trend Line Remains The Focus

Wed, 07 Mar 2012 18:24:12 GMT

Swing Technicals- USD/CAD Trend Line Remains The Focus Published on 07/03/2012

D-Day for the Euro

Wed, 07 Mar 2012 17:34:10 GMT

Thursday is D-Day for the euro.

Will UK and EZ Central Bank Meetings Even Matter?

Wed, 07 Mar 2012 15:02:23 GMT

The Bank of England and the European Central Bank are scheduled to make monetary policy announcements on Thursday but unlike previous months, these meetings sho

USD/JPY Uptrend Intact, Targeting 10-Month Highs

Wed, 07 Mar 2012 13:05:23 GMT

Last night, the USD/JPY pulled back to the long-term bullish trend line that has guided rates higher since the first of February, and so far today, rates have b

Scenarios of How EUR Could React to Greek Bond Swap Results

Wed, 07 Mar 2012 09:11:49 GMT

It has been a very quiet morning in the foreign exchange market with currencies on hold ahead of Thursday's Greek bond swap results.

Candlestick Daily: AUD/USD Stop to Breakeven as Target Missed by 1 Pip

Wed, 07 Mar 2012 08:54:15 GMT

Candlestick Daily: AUD/USD Stop to Breakeven as Target Missed by 1 Pip Published on 07/03/2012

Risk FX Consolidates Quietly

Wed, 07 Mar 2012 04:55:09 GMT

It’s been a very quiet night of consolidation in the currency market with risk FX taking a breather after yesterday’s drubbing as EUR/USD recovered to 1.


 
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Following the Plan

Tue, 06 Mar 2012 21:06:41 GMT

Creating a trading plan is one thing; following it is another.

Australian GDP Misses Forecast As Aussie Eyes 1.0500

Tue, 06 Mar 2012 20:31:38 GMT

Australian GDP missed its forecast printing at 0.4% versus 0.7% eyed as fixed capital expenditure contracted by -1.

Swing Technicals- Will The USD/CAD Bearish Trend Line Halt the USD Rally?

Tue, 06 Mar 2012 18:42:17 GMT

Swing Technicals- Will The USD/CAD Bearish Trend Line Halt the USD Rally? Published on 06/03/2012

FX: Volatility Soars, Safe Haven Bid Returns

Tue, 06 Mar 2012 17:19:18 GMT

The safe haven bid has returned with the U.S. dollar trading higher against most of the major currencies.

AUD/NZD: Daily Candlestick Pattern Projects Reversal

Tue, 06 Mar 2012 13:32:38 GMT

Last night’s somber economic assessment by the Reserve Bank of Australia may foreshadow the end of the Aussie’s rally against the Kiwi.

FX: Investor Positioning, Biggest Losers and Scope for More Losses

Tue, 06 Mar 2012 09:38:12 GMT

On Monday we said this could potentially be a good week for the U.S.

Candlestick Daily: Back to the Well with Another AUD/USD Sell

Tue, 06 Mar 2012 07:52:42 GMT

Candlestick Daily: Back to the Well with Another AUD/USD Sell Published on 06/03/2012

Risk Selloff Intensifies as EUR/USD Drops Through 1.3150

Tue, 06 Mar 2012 05:47:23 GMT

Risk selloff intensified in early European trade today with EUR/USD breaching the 1.3150 level as equities tumbled by more than -1.5%.

Aussie Steady After RBA Leaves Rates on Hold

Tue, 06 Mar 2012 02:59:16 GMT

As expected the RBA left its benchmark rates unchanged at 4.


 
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Creating a trading plan

Mon, 05 Mar 2012 21:13:43 GMT

We will go over the basic steps and requirement for creating a complete trading plan.

Swing Technicals- EUR/USD Bullish Trend Line Emerges

Mon, 05 Mar 2012 18:36:23 GMT

Swing Technicals- EUR/USD Bullish Trend Line Emerges Published on 05/03/2012

FX: 3 Main Drivers of Volatility

Mon, 05 Mar 2012 16:52:17 GMT

Anyone active in the foreign exchange markets will know that this is an extremely busy trading week but with an economic calendar filled with monetary policy an

GBP/JPY: Targeting Independence Day Highs near 1.3080

Mon, 05 Mar 2012 13:32:04 GMT

The daily chart of the GBP/JPY shows that rates pulled back to bullish trend line support just this morning before bouncing during today’s North American sessio

Will it be Another Good Week for Dollar?

Mon, 05 Mar 2012 10:13:31 GMT

Last week was a great week to be long dollars. Better than expected economic data out of the U.S.

Candlestick Daily: AUD/USD Targeting 1.06 Next?

Mon, 05 Mar 2012 07:48:05 GMT

Candlestick Daily: AUD/USD Targeting 1.06 Next? Published on 05/03/2012

Risk FX Stabilizes, All Eyes on US ISM Services

Mon, 05 Mar 2012 05:24:45 GMT

Risk FX traded lower on the first dealing day of the week, weighed down by a selloff in equities and some weaker than expected economic data, but price action s

Aussie Opens Lower on Concerns Over Chinese Growth

Mon, 05 Mar 2012 02:49:55 GMT

Risk FX was mildly lower ahead of European opening on the first trading day of the week with AUD/USD suffering the worst decline as it drifted lower towards the


 
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Classic Technicals: The Week Ahead, Mar. 4 - 9, 2012

Sun, 04 Mar 2012 15:38:38 GMT

A technical preview into what this week's price action might bring for 7 major currency pairs...


 
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Review: Stop Placement

Fri, 02 Mar 2012 18:00:50 GMT

Why stops are a critical tool and how we implement them in our trading.

Swing Technicals- NZD/USD Testing Critical Support

Fri, 02 Mar 2012 17:34:45 GMT

Swing Technicals- NZD/USD Testing Critical Support Published on 02/03/2012

The Biggest Risk For FX Next Week

Fri, 02 Mar 2012 17:27:07 GMT

We may have seen some big moves in the foreign exchange market this week, particularly in the EUR/USD and USD/JPY but these changes could pale in comparison to

Risk Sentiment: You May Not Be as Diversified as You Think

Fri, 02 Mar 2012 13:15:30 GMT

See why taking on long positions on seemingly disparate currencies pairs like AUD/CHF and NZD/JPY, as well as a short position in USD/CAD, may still leave trade

FX: Honing in on EUR/USD and USD/JPY Moves

Fri, 02 Mar 2012 09:11:31 GMT

It may have been a quiet morning for economic data but it has certainly not been quiet for volatility in the EUR/USD.

Candlestick Daily: EUR/USD Short Hits Target, USD/JPY Peeks to 7-Month Highs

Fri, 02 Mar 2012 08:50:43 GMT

Candlestick Daily: EUR/USD Short Hits Target, USD/JPY Peeks to 7-Month Highs Published on 02/03/2012

Euro Continues Lower in Quiet End of Week Trade

Fri, 02 Mar 2012 06:16:22 GMT

A relatively sedate night of trading on the final session of the week in FX with EUR/USD the weakest link the chain after German Retail Sales missed their mark

Euro Drops Below 1.3300 As Retail Sales Disappoint

Fri, 02 Mar 2012 02:36:03 GMT

German Retail Sales missed their mark badly printing at -1.6% versus expectations of 0.3% rise sending EUR/USD below the 1.3300 figure in early European trade.

Oil report

02/03/2012 18:19:00

A look at crude oil up to the European close.

Precious Metals Report

02/03/2012 16:01:00

A mid-session analysis of gold and silver.


 
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Review: Probabilities in Trading

Thu, 01 Mar 2012 20:45:03 GMT

Why it is important to look at trading in terms of probabilities rather than absolutes.

Swing Technicals- GBP/USD to Resume Uptrend at 1.58764?

Thu, 01 Mar 2012 18:44:15 GMT

Swing Technicals- GBP/USD to Resume Uptrend at 1.58764? Published on 01/03/2012

Outlook For EUR Hinges On Greek Bond Swap

Thu, 01 Mar 2012 17:11:47 GMT

The euro continued to weaken against the U.S. dollar as Wednesday’s liquidity injection by the European Central Bank hangs over the currency.

The USD/CHF is Pointless

Thu, 01 Mar 2012 14:12:27 GMT

See why anyone who’s traded the USD/CHF in the past couple months has paid too much, and what pair would have given the same exposure for a lower cost…

FX: ISM Disappoints, ISDA Says No to Credit Event

Thu, 01 Mar 2012 10:07:13 GMT

Investors continued to buy dollars this morning as consistent improvements in the U.S. economy reduce the need for another round of Quantitative Easing.

Candlestick Daily: USD/CAD Stop to .9913 Following Morning Drop

Thu, 01 Mar 2012 07:49:33 GMT

Candlestick Daily: USD/CAD Stop to .9913 Following Morning Drop Published on 01/03/2012

Will USD/JPY Extend its Rally?

Thu, 01 Mar 2012 05:32:40 GMT

A lackluster uneventful session of trade in early Europe today with risk currencies tracing out very narrow ranges after a sharp selloff yesterday in the wake o

Risk FX Drifts Lower in Early European Trade

Thu, 01 Mar 2012 03:21:48 GMT

Risk FX continued to drift lower in opening European trade after spending a slow consolidating session in Asia with little event risk to move the markets eithe

Morning Call

01/03/2012 10:23:00

An early look at the US stock index futures in pre-market trading. What are traders watching and what to look out for.