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- FX Technical Weekly Friday, June 24, 2011 @ 2:33PMThere are several intriguing setups on the table for next week, including a NZDUSD short position from the current price.
http://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2011/06/24/TechWeekly_062411.html
- NZDUSD: Upswing Stalls at 0.82 Figure Friday, June 24, 2011 @ 12:33AMNZDUSD put in a bearish Shooting Star candlestick below the 0.82 figure, hinting the down move initiated with the break below rising channel support earlier this month maybe ready to resume.
http://www.dailyfx.com/forex/technical/candlesticks/nzd-usd/2011/06/24/NZDUSD_Upswing_Stalls_at_0.82_Figure.html
- U.S. Dollar Gains Across Majors After FOMC Signals No More Stimulus Thursday, June 23, 2011 @ 9:18AMThe U.S. Dollar was the best performer in the Asian and midway through the European session as yesterday’s Federal Open Market Committee decision to announce the end of quantitative easing and thus no further stimulus at present time boosted market participants’ confidence in the world’s reserve currency.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2011/06/23/us_dollar_gains_in_overnight_after_fomc_signals_no_stimulus.html
- FX Headlines: BoE, ECB Leave Rates on Hold; Euro Slides on Trichet Commentary Thursday, June 9, 2011 @ 8:48AMThe overnight session featured a consolidation in Euro-based pairs as trading in the FX market seemingly hinged on European Central Bank President Jean-Claude Trichet’s commentary following the central bank’s decision to maintain its key interest rate at 1.25 percent.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2011/06/09/fx_headlines_boe_ecb_leave_rates_on_hold_euro_slides_on_trichet_commentary.html
- Guest Commentary: Oil Prices Daily Outlook 06.06.2011 Monday, June 6, 2011 @ 8:48AMOn Friday, June 3 rd , oil price (WTI) declined to $100.22 – a 0.18% decrease; during June so far the WTI decreased by 2.4%. Brent price also didn't change much and inclined last week by 0.09% as it reached $115.90; during June Brent declined by 1.1%.
http://www.dailyfx.com/forex/fundamental/article/guest_commentary/2011/06/06/Guest_Commentary_Oil_Prices_Daily_Outlook_06.06.2011.html
- EURUSD: Short Entry Sought Near 1.47 Sunday, June 5, 2011 @ 10:33PMAs we suspected , EURUSD bounced higher having put in a bullish Harami candlestick pattern above the 1.40 figure.
http://www.dailyfx.com/forex/technical/candlesticks/eur-usd/2011/06/06/EURUSD_Short_Entry_Sought_Near_1.47.html
- U.S. Dollar Weakness To Be Short-Lived On Oversold Signal Monday, May 16, 2011 @ 10:07AMThe USD struggled to hold its ground on Monday, with the Dow Jones-FXCM U.S. dollar index paring the overnight advance to 9695.68, and the reserve currency may face additional headwinds throughout the North American trade as currency traders increase their appetite for yields.
http://biz.yahoo.com/fxcm/110516/1355532863.html?.v=1
- Eurozone Economic Uncertainty Back in Focus and Weighing on Currencies Monday, May 16, 2011 @ 6:41AMAnother very quiet start to the week as the USD remains well bid and continues to consolidate its latest gains against most of the major currencies.
http://www.dailyfx.com/forex/technical/article/morning_slices/2011/05/16/Morning_Slices.html
- EUR/USD Classical Technical Report 05.16 Monday, May 16, 2011 @ 12:41AMEUR/USD : The break and weekly close below key medium-term support at 1.4155 in the previous week now suggests that deeper setbacks are ahead with the market contemplating a potential drop below 1.4000. Next key support comes in by 1.4020 (28Mar low), while rallies towards 1.4400-1.4500 should be aggressively sold into. Only a daily close back above 1.4500 would negate. In the interim, we remain ...
http://biz.yahoo.com/fxcm/110516/1189806031.html?.v=1
- FX Technical Weekly Friday, May 13, 2011 @ 4:57PMUS Dollar bullish objectives are quite clear and provoke reactions next week. There is potential for panic lows to form in the Yen crosses
http://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2011/05/13/051311FXTW.html
- US Dollar Starting to Gain Some Traction; More Gains Ahead for the Buck Thursday, May 12, 2011 @ 12:42AMMarkets are well under pressure into Thursday, and the expected follow through from the previous weekly price action is starting to play out. At the end of last week, the US Dollar had mounted an impressive recovery rally across the board and was showing signs for additional gains into this week.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/opening_comment/2011/05/12/Opening_Comment.html
- More Scandi Consolidation for Now; Standing Aside for Clearer Signal Wednesday, May 11, 2011 @ 1:32AMA daily overview of technical developments in the regional currencies. Take a look inside for the latest scoop on the Norwegian Krone and Swedish Krona.
http://biz.yahoo.com/fxcm/110511/500537459.html?.v=1
- AUD/USD Classical Technical Report 05.05 Thursday, May 5, 2011 @ 12:43AMAUD/USD: The uptrend remains firmly intact and the intensity of the move has been unrelenting. Still, we continue to see the greater risk over the short-term for some form of a more meaningful corrective reversal, with daily studies rolling over from overbought and the market trading just off 30-year and post float record highs above 1.1000. The market has most recently broken back below the 10 ...
http://biz.yahoo.com/fxcm/110505/1378899281.html?.v=1
- Market Focus Shifts to Key Event Risk In the Form of ECB Rate Decision Thursday, May 5, 2011 @ 12:33AMWe have begun to see what could be at least a short-term shift in the construct of the markets, but all eyes are now on Mr. Trichet and company to see whether the ECB does indeed signal near term hikes...
http://biz.yahoo.com/fxcm/110505/1865456172.html?.v=1
- Give Me a Break Wednesday, May 4, 2011 @ 5:26PMStudent ’ s Question: How reliable is it to enter the position after a break of support or resistance from a graph on a 1 hr or 4 hr in the direction of the daily trend?
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/05/04/Give_Me_a_Break.html
- Dollar Rallying A Bit; But Is The Rally Yet Another Set Up for Dissapointment? Tuesday, May 3, 2011 @ 11:56PMTuesday’s daily close in Eur/Usd was barely a negative close, but the development could be significant on Wednesday nonetheless, with this market rarely seeing consecutive negative closes this year.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/opening_comment/2011/05/04/Opening_Comment.html
- Oil and Gold to Decline if FOMC Validates Hawkish Policy Turn Bets Wednesday, April 27, 2011 @ 1:11AMPrices continue to tread water below resistance at $113.44, the April 11 high, a barrier reinforced by support-turned-resistance at a rising trend line set from the lows in mid-February. A pullback from here sees initial support at $109.37, the 23.6% Fibonacci retracement of the 3/16-4/11 advance.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/commodities/2011/04/27/Oil_and_Gold_to_Decline_if_FOMC_Validates_Hawkish_Policy_Turn_Bets.html
- EUR/USD Classical Technical Report 04.18 Monday, April 18, 2011 @ 1:11AMEUR/USD : Although the market has been looking quite stretched on the daily chart and potentially due for some form of a more intense corrective pullback, any intraday dips continue to be very well supported and the market adheres to a very well defined and intense uptrend off of the 2011 lows. We have the trend-line currently coming in just over 1.4300, and at this point, we would need to see a ...
http://biz.yahoo.com/fxcm/110418/1268703124.html?.v=1
- EUR/USD Classical Technical Report 04.15 Friday, April 15, 2011 @ 12:51AMEUR/USD : Although the market has been looking quite stretched on the daily chart and potentially due for some form of a corrective pullback, any intraday dips continue to be very well supported and the market adheres to a very well defined and intense uptrend off of the 2011 lows. We have the trend-line currently coming in just over 1.4300, and at this point, we would need to see a daily close ...
http://biz.yahoo.com/fxcm/110415/1829376977.html?.v=1
- USD Bulls Trying to Assert But Still Having A Tough Go Friday, April 15, 2011 @ 12:41AMCurrency declines continue to be very well supported on any form of a dip, and Thursday’s impressive recovery rally is once again discouraging for USD bulls…
http://biz.yahoo.com/fxcm/110415/1472284228.html?.v=1
- FX Headlines: Yen Gains as Currency Markets Shift to 'Risk-Off' Phase Thursday, April 14, 2011 @ 9:26AMThe Yen gained in the overnight session as the currency markets appeared to have switched to a ‘risk-off’ phase, with the commodity currencies taking the biggest hit amid news that the Chinese housing market appears to have bottomed out last month amid tighter lending conditions.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2011/04/14/FX_Headlines_Yen_Gains_as_Currency_MArkets_Shift_to_Risk-Off_Phase.html
- FX Headlines: ECB Hikes Rates, BoE Keeps Rates on Hold Thursday, April 7, 2011 @ 8:41AMAs expected, the European Central Bank increased their key interest rate to 1.25 percent, while the stumbling British economy has forced the Bank of England to keep their overnight interest rate on hold despite rising inflationary pressures.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/top_fx_headlines/2011/04/07/FX_Headlines_ECB_Hikes_Rates_BoE_Keeps_Rates_on_Hold.html
- Exotic Range Opportunity Monday, April 4, 2011 @ 11:11AMIn my experience, traders are generally more successful when trading currency pairs between support and resistance in a ranging environment. When looking for a chart today, the ZAR/JPY caught my eye.
http://www.dailyfx.com/forex/education/trading_tips/chart_of_the_day/2011/04/04/Range04.04.html
- Exotic Range Opportunity Monday, April 4, 2011 @ 11:00AMZAR/JPY reaching resistance levels not seen in 11 months .
http://biz.yahoo.com/fxcm/110404/156566991.html?.v=1
- GBP/CHF Descending Channel Provides Swing Trading Opportunity Tuesday, March 29, 2011 @ 3:41PMThe GBP/CHF pair has continued in its long-term depreciating trend since 2009, with significant follow-through occurring in 2010 and well into the first few months of 2011. The pair touched its range top as recently as the middle of February, and completed the most recent impulse wave down in its channel, erasing all of the gains the GBP/CHF pair had seen in 2011 in the process.
http://www.dailyfx.com/forex/analyst_picks/pair_to_range_trade/2011/03/29/GBPCHF_Descending_Channel_Provides_Swing_Trading_Opportunity.html
- GBPUSD: Sellers Poised to Take the Lead Monday, March 28, 2011 @ 11:56PMGBPUSD has produced a bearish Three Black Crows candlestick pattern below rising trend line resistance connecting major highs since early February.
http://www.dailyfx.com/forex/technical/candlesticks/gbp-usd/2011/03/29/GBPUSD_Sellers_Poised_to_Take_the_Lead.html
- GBPUSD: Sellers Poised to Take the Lead Monday, March 28, 2011 @ 11:48PMStrategy: Pending Short GBPUSD has produced a bearish Three Black Crows candlestick pattern below rising trend line resistance connecting major highs since early February. The pair is now is now testing familiar horizontal support at 1.5976, with a daily close below this juncture acting as confirmation of a reversal and a signal to enter short. To discuss these strategies with other traders ...
http://biz.yahoo.com/fxcm/110329/1803025636.html?.v=1
- Currency Crosses: Technical Outlook Wednesday, March 23, 2011 @ 5:21PMRisk on the Euro crosses has shifted to the downside. The Yen crosses should retrace at least a portion of their snap back rallies from last week’s lows. Levels are well defined.
http://biz.yahoo.com/fxcm/110323/62281054.html?.v=2
- Currency Crosses: Technical Outlook Wednesday, March 23, 2011 @ 4:27PMRisk on the Euro crosses has shifted to the downside. The Yen crosses should retrace at least a portion of their snap back rallies from
http://www.dailyfx.com/forex/technical/article/currency_crosses/2011/03/23/03-23-11crosses.html
- Currency Crosses: Technical Outlook Wednesday, March 16, 2011 @ 5:27PMEvidence is mounting that the Euro crosses are nearing the end of their respective rallies. The Yen crosses have plunged and focus is on historical
http://www.dailyfx.com/forex/technical/article/currency_crosses/2011/03/16/03-16-11crosses.html
- Currency Crosses: Technical Outlook Wednesday, March 16, 2011 @ 5:21PMEvidence is mounting that the Euro crosses are nearing the end of their respective rallies. The Yen crosses have plunged and focus is on historical lows.
http://biz.yahoo.com/fxcm/110316/1591629930.html?.v=1
- Applying the Proper Trading Principles to a Properly Trending Pair Wednesday, March 9, 2011 @ 9:27PMSo I'm totally new to this and trying to see if I'm on track with my thinking. I'm looking at a 30min chart of USD/JPY. My picture is hard t o see but the MACD line is just crossing over the signal line.
http://www.dailyfx.com/forex/education/trading_tips/post_of_the_day/2011/03/09/Applying_the_Proper_Trading_Principles_to_a_Properly_Trending_Pair.html
- An Intraday GBP/JPY Descending Channel is Creating Scalping Environment Wednesday, March 9, 2011 @ 3:56PMAfter failing to follow through on a descending triangle formation in the final few months of 2010, the GBP/JPY pair found itself appreciating rapidly in the first few weeks of 2011. GBP/JPY strength has been rooted in three main causes: a shift to risk at the beginning of the year, which pushed investors away from the Yen; poor growth figures for Japan; and a rise in interest rate expectations ...
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/scalping_report/2011/03/09/An_Intraday_GBPJPY_Descending_Channel_is_Creating_Scalping_Environment.html
- An Intraday GBP/JPY Descending Channel is Creating Scalping Environment Wednesday, March 9, 2011 @ 3:49PMAfter failing to follow through on a descending triangle formation in the final few months of 2010, the GBP/JPY pair found itself appreciating rapidly in the first few weeks of 2011.
http://biz.yahoo.com/fxcm/110309/730671459.html?.v=1
- Currency Crosses: Technical Outlook Wednesday, March 9, 2011 @ 1:31PMThere is a short term GBPJPY bearish opportunity against the late February high.
http://biz.yahoo.com/fxcm/110309/1049426382.html?.v=1
- Currency Crosses: Technical Outlook Wednesday, March 9, 2011 @ 1:26PMThe Yen crosses have found support and could head to new highs. Breakdown levels are clear.
http://www.dailyfx.com/forex/technical/article/currency_crosses/2011/03/09/03-09-11crosses.html
- FX Technical Weekly Friday, March 4, 2011 @ 4:31PMThe British Pound is the best reversal candidate when considering several technical measures, including pattern and momentum.
http://biz.yahoo.com/fxcm/110304/1609701639.html?.v=1
- EUR/SEK Bullish Reversal Day Could Finally Trigger Much Needed Rally Thursday, February 10, 2011 @ 1:53AMEur/Sek A major bullish reversal day off of the yearly lows by 8.75 could now finally open the door for some short-term basing at a minimum, with scope from here for additional corrective gains towards 9.00 over the coming sessions.
http://www.dailyfx.com/forex/technical/article/scandi_daily/2011/02/10/Scandi_Daily.html
- FX Technical Weekly Friday, January 28, 2011 @ 4:23PM-TrendW is weekly trend and CURR denotes how long the current trend has been underway in weeks. 1,2,3 STD are 1 st ,2 nd , and 3 rd standard deviations of the duration of trends measured over the last 150 weeks (3 years).
http://www.dailyfx.com/forex/technical/article/fx_technical_weekly/2011/01/28/012811FXTW.html
- FX Technical Weekly Friday, January 28, 2011 @ 4:16PMThe sharp Euro reversal reinforces interpretation of the recent Euro rally as purely corrective; serving to squeeze a crowded group of shorts before the larger downtrend can resume.
http://biz.yahoo.com/fxcm/110128/727284291.html?.v=1
- An Intraday GBP/JPY Descending Triangle is Creating Scalping Environment Thursday, January 27, 2011 @ 4:08PMThe GBP/JPY has seen steady appreciation over the past two days despite Bank of England monetary policy minutes showing that quantitative easing is expected to continue following worse-than-expected GDP data for the fourth quarter of 2010. In fact, it appears that the 0.5 percent decline in GDP, coupled with rising inflation, a state of stagflation is descending upon the United Kingdom.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/scalping_report/2011/01/27/An_Intraday_GBPJPY_Descending_Triangle_is_Creating_Scalping_Environment.html
- An Intraday GBP/JPY Descending Triangle is Creating Scalping Environment Thursday, January 27, 2011 @ 4:02PMThe GBP/JPY has seen steady appreciation over the past two days despite Bank of England monetary policy minutes showing that quantitative easing is expected to continue following worse-than-expected GDP data for the fourth quarter of 2010.
http://biz.yahoo.com/fxcm/110127/1523344058.html?.v=1
- USD/CHF Long Established @0.9445 After Market Breaks Lower Top Sequence Thursday, January 27, 2011 @ 6:38AMEUR/USD : The recent break back above 1.3500 has signaled a shift in the short-term structure and opened a move through latest topside resistance by the 61.8% fib retrace off of the Nov-Jan high low move at 1.3740. Next key topside resistance comes in by 1.3785, while above exposes the 78.6% fib retrace off of the same move at 1.3980. Overall however, our core bias remains net USD bullish and as ...
http://www.dailyfx.com/forex/technical/article/morning_slices/2011/01/27/USDCHF_Long_Established.html
- USD/CHF Long Established @0.9445 After Market Breaks Lower Top Sequence Thursday, January 27, 2011 @ 6:26AMMarket conditions are quite choppy on Thursday this far, but we have gone ahead and established a long position in USD/CHF in anticipation of a bullish reversal...
http://biz.yahoo.com/fxcm/110127/962396807.html?.v=1
- GBP/USD Classical 01.12 Wednesday, January 12, 2011 @ 12:52AMGBP/USD: The market remains under pressure and now seems poised for a retest of the platform base from early September at 1.5295. Daily studies are however in neutral territory so we would not rule out the possibility for more of a bounce towards the 1.5800 area over the coming sessions from where a fresh lower top will be sought out ahead of an eventual drop to challenge and break 1.5295. In ...
http://biz.yahoo.com/fxcm/110112/699933743.html?.v=1
- Canadian Dollar Continues to Diverge from Commodity Bloc Cousins Tuesday, January 11, 2011 @ 11:58PMThere have not been a whole lot of developments on the fundamental front in recent trade and we will take the opportunity to go over broader price action which should hopefully do a good job of bringing you all up to speed.
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/opening_comment/2011/01/12/Canadian_Dollar_Continues_to_Diverge.html
- Canadian Dollar Continues to Diverge from Commodity Bloc Cousins Tuesday, January 11, 2011 @ 11:54PMThe relative strength of the Canadian Dollar in recent trade has been impressive and we take a closer look at the price action to try and make sense of it...
http://biz.yahoo.com/fxcm/110112/1159374308.html?.v=1
- FOREX: Dollar Slowly Retraces as Tempered Inventory Growth Offsets Fed’s Hawkish Rhetoric Tuesday, January 11, 2011 @ 11:28PMThe dollar was showing a mixed performance through Tuesday and into the early hours of the Asian session that was facilitated specifically by low activity levels.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/daily_fundamentals/2011/01/12/FOREX_Dollar_Slowly_Retraces_as_Tempered_Inventory_Growth_Offsets_Feds_Hawkish_Rhetoric.html
- Take Profits on Long USDCHF; Remain Long GBPCHF; Pending Short AUDUSD Tuesday, January 11, 2011 @ 7:11AMI decided to take profits on my USDCHF long position from .9514 at 0.97 as the pair continues to struggle to make a clear break above the 50-day moving average. At the same time, our speculative sentiment index stands at 1.7, providing the contrarian signal to sell. With key event risks from the worlds largest economy beginning tomorrow, I rather take profits than let a winning trade go wrong as ...
http://biz.yahoo.com/fxcm/110111/973604925.html?.v=1
- GBP/USD Classical 01.06 Thursday, January 6, 2011 @ 12:47AMGBP/USD: The market remains under pressure and now seems poised for a retest of the platform base from early September at 1.5295. Daily studies are however in neutral territory so we would not rule out the possibility for more of a bounce towards the 1.5700 area over the coming sessions from where a fresh lower top will be sought out ahead of an eventual drop to challenge and break 1.5295. In ...
http://biz.yahoo.com/fxcm/110106/51163638.html?.v=1
