Forex Strategy Outlook: Euro and US Dollar to See Major Price SwingsMonday, July 18, 2011 @ 11:35AMForex options markets point to sharp Euro, US Dollar, and Swiss Franc moves in the week ahead. Traders should favor volatility-friendly breakout strategies until further notice.
FOREX: US Dollar Gains as Jittery Markets Await EU Stress Test ResultsFriday, July 15, 2011 @ 3:48AMThe US Dollar perked up in overnight trade, rising against all of its major counterparts as investors turned defensive and sought safe haven in the greenback as the European Banking Authority (EBA) prepares to unveil the results EU bank stress tests meant to reassure investors that the region’s lenders are sufficiently capitalized and could withstand severe sovereign stress within the region.
USDJPY: A Bottom in Place Near 79.00?Friday, July 15, 2011 @ 2:18AMUSDJPY has put in a bullish Tweezer Bottom candlestick pattern at 78.87, the March 17 closing low.
British Pound Tests Underside of Former NecklineThursday, July 14, 2011 @ 11:03AMDailyFX provides forex news on the economic reports and political events that influence the currency market. Learn currency trading with a free practice account and charts from FXCM.
Jamie’s Pick: 06/30/11Thursday, June 30, 2011 @ 10:53AMThe USDCHF has rebounded quite sharply and other CHF crosses are even more pronounced in the CHF weakness. The specter of a 5 wave decline from the May high has me wondering if an important low is in place. The drop to the record low this week was in spike fashion as well. DailyFX provides forex news on the economic reports and political events that influence the currency market. Learn currency ...