Free Forex Charts News
- Forex Strategy Outlook: Euro and US Dollar to See Major Price Swings Monday, 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.
http://www.dailyfx.com/forex/fundamental/article/weekly_strategy_outlook/2011/07/18/forex_strategy_outlook_euro_us_dollar.html
- FOREX: US Dollar Gains as Jittery Markets Await EU Stress Test Results Friday, 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.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/euro_open/2011/07/15/FOREX_US_Dollar_Gains_as_Jittery_Markets_Await_EU_Stress_Test_Results.html
- 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.
http://www.dailyfx.com/forex/technical/candlesticks/usd-jpy/2011/07/15/USDJPY_A_Bottom_in_Place_Near_79.00.html
- British Pound Tests Underside of Former Neckline Thursday, 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.
http://www.dailyfx.com/forex/technical/elliott_wave/gbp-usd/2011/07/14/eliottWaves_gbp-usd.html
- Jamie’s Pick: 06/30/11 Thursday, 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 ...
http://biz.yahoo.com/fxcm/110630/1422219365.html?.v=1
- Economic Calendar Thursday, June 30, 2011 @ 10:33AMDo You Want Access to DailyFX+? DailyFX 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.
http://www.dailyfx.com/forex/technical/ssi/usd-cad/2011/06/30/ssi_usd-cad.html
- Title Thursday, June 30, 2011 @ 10:25AMDailyFX 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.
http://biz.yahoo.com/fxcm/110630/1724960256.html?.v=2
- GBPJPY - British Pound Forecast to Lose Further Thursday, June 30, 2011 @ 10:25AMGBPJPY An important shift towards forex trading crowd GBPJPY buying gives contrarian signal that the pair must continue to decline. The ratio of long to short positions in the GBPJPY stands at 3.96 as nearly 80% of traders are long. Yesterday, the ratio was at 1.16 as 54% of open positions were long. In detail, long positions are 26.0% higher than yesterday and 18.1% weaker since last week ...
http://biz.yahoo.com/fxcm/110630/157589888.html?.v=3
- USDCAD - SSI Points to Further US Dollar Losses Thursday, June 30, 2011 @ 10:25AMUSDCAD A sharp shift towards forex trading crowd USDCAD buying gives strong contrarian signal that the pair could continue its declines. The ratio of long to short positions in the USDCAD stands at 5.43 as nearly 84% of traders are long. This is an important shift as long positions are 21.0 percent higher overnight and a substantial 157.7 percent above levels seen a week ago. Short interest has ...
http://biz.yahoo.com/fxcm/110630/1724960256.html?.v=3
- Forex Sentiment Points to Euro Gains, US Dollar Losses Thursday, June 30, 2011 @ 9:57AMRetail forex trading crowds have aggressive bought into US Dollar declines against the Euro and Canadian Dollar, giving contrarian signal that the EURUSD may continue to gain and USDCAD fall.
http://biz.yahoo.com/fxcm/110630/522456618.html?.v=1
- Euro Likely to Rally Further As Sentiment Shifts Thursday, June 30, 2011 @ 9:57AMEURUSD Forex trading crowds have grown aggressively short the euro against the US Dollar, giving contrarian signal that the EURUSD may continue to gain. The ratio of long to short positions in the EURUSD stands at -2.02 as nearly 67% of traders are short. The ratio is mostly unchanged from yesterday, but a 12.0 percent week-over-week jump in short positions underlines the shift in crowd ...
http://biz.yahoo.com/fxcm/110630/485080448.html?.v=1
- Forex: Euro Relief Rally To Taper Off, Sterling Searches For Support Thursday, June 30, 2011 @ 8:15AMThe Euro pared the overnight advance to 1.4520 and the relief rally in the single-currency appears to be coming to an end as the economic outlook foreshadows a slowing recovery in Europe.
http://biz.yahoo.com/fxcm/110630/1541128048.html?.v=1
- USDCAD: Waiting to Re-Enter Long Trade Friday, June 24, 2011 @ 12:48AMWe booked profits on our long USDCAD position last week having noted a number of bearish warning signs including an Inverted Hammer candlestick and negative RSI divergence.
http://www.dailyfx.com/forex/technical/candlesticks/usd-cad/2011/06/24/USDCAD_Waiting_to_Re-Enter_Long_Trade.html
- GBPUSD: Upswing to Yield Sell Entry Friday, June 24, 2011 @ 12:48AMGBPUSD shot aggressively lower after retesting support-turned-resistance at a rising trend line set from May 2010, with the bears now challenging critical horizontal support at 1.5962 that has held up prices since February.
http://www.dailyfx.com/forex/technical/candlesticks/gbp-usd/2011/06/24/GBPUSD_Upswing_to_Yield_Sell_Entry.html
- USDJPY: Range Bottom to Hold at 80.00? Friday, June 24, 2011 @ 12:48AMUSDJPY put in a bullish Inverted Hammer just above the 80.00 figure, the bottom of the range that has confined prices since early October 2010. While this points to a bounce, the signal is comparatively weak and confirmation is needed on a convincing bullish close on the current candle.
http://www.dailyfx.com/forex/technical/candlesticks/usd-jpy/2011/06/24/USDJPY_Range_Bottom_to_Hold_at_80.00.html
- US Dollar Pullback to Offer Buying Opportunities Friday, June 24, 2011 @ 12:48AMDailyFX 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.
http://www.dailyfx.com/forex/technical/article/special_report/2011/06/24/US_Dollar_Pullback_to_Offer_Buying_Opportunities.html
- Guest Commentary: Dollar-Yen Daily Perspective Tuesday, June 21, 2011 @ 12:39PMDailyFX 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.
http://biz.yahoo.com/fxcm/110621/1398014838.html?.v=1
- Gold Decline Still Corrective – Thus Far Tuesday, June 14, 2011 @ 9:54AMDaily Bars Prepared by Jamie Saettele, CMT It remains possible that the rally in gold is corrective but price has exceeded the 61.8% retracement and extended from its 20 day average so respect potential for one more high to complete the 5 wave advance from the January low. A 5 wave decline from 1555 is required in order to suggest that the larger trend is down. Weakness to this point is ...
http://biz.yahoo.com/fxcm/110614/1232800961.html?.v=1
- New Zealand Dollar Rally Could Be Threaten By RBNZ’s Bollard Friday, June 10, 2011 @ 6:03PMThe New Zealand dollar rallied to a fresh record high of 0.8296 in June and the exchange rate may continue to trend higher in the following week as the economic docket is expected to reinforce an improved outlook for the region.
http://www.dailyfx.com/forex/fundamental/forecast/weekly/nzd/2011/06/10/New_Zealand_Dollar_Rally_Could_Be_Threaten_By_RBNZs_Bollard.html
- Gold Outlook Uncertain as Markets Price in the End of Quantitative Easing Round 2 Friday, June 10, 2011 @ 6:03PMGold ended the week just over 2.0 percent lower, as markets began pricing in the end of quantitative easing round two following Federal Reserve Chairman Ben Bernanke’s commentary at a conference in Atlanta, Georgia on Tuesday.
http://www.dailyfx.com/forex/fundamental/forecast/weekly/chf/2011/06/10/Gold_Outlook_Uncertain_as_Markets_Price_in_the_End_of_Quantitative_Easing_Round_2.html
- Euro Falls Sharply as Greece Aid Package Uncertain – Risks High Friday, June 10, 2011 @ 6:03PMThe euro fell sharply on further turmoil for Greece and broader euro zone stability, failing to move higher on hawkish commentary from European Central Bank president Jean Claude Trichet and standing at risk of further declines.
http://www.dailyfx.com/forex/fundamental/forecast/weekly/eur/2011/06/10/Euro_Falls_Sharply_as_Greece_Aid_Package_Uncertain_Risks_High.html
- Risk Appetite to Drive Aussie Amid Quiet Economic Docket Friday, June 10, 2011 @ 5:49PMThe Australian Dollar AU $ AUD/USD NY Spot Close 1.05498 Risk Appetite to Drive Aussie Amid Quiet Economic Docket Fundamental Forecast for Australian Dollar: Neutral Aussie and Kiwi Move in Opposing Directions on Contrasting Fundamentals Kiwi Approaches Key Resistance- Aussie Soft on Employment Data AUD/CHF Descending Channel Provides Swing Trading Opportunity The Aussie saw broad based losses ...
http://biz.yahoo.com/fxcm/110610/1733084990.html?.v=1
- Greenback Surges as Equities Post 6th Consecutive Weekly Decline Friday, June 10, 2011 @ 5:48PMThe world’s reserve currency surged in North American trade today, with the Dow Jones FXCM dollar index advancing 0.84% on the session. The gains come on the back of steep declines in global equities that saw the Dow, the S&P, and the NASDAQ plummet 1.42%, 1.40%, and 1.53% respectively.
http://www.dailyfx.com/forex/fundamental/us_dollar_index/usd_trading_today/2011/06/10/Greenback_Surges_as_Equities_Post_6th_Consecutive_Weekly_Decline.html
- Japanese Yen To Benefit From Risk Aversion, BoJ On Tap Friday, June 10, 2011 @ 5:48PMThe Japanese Yen continue to gain ground against most of its major counterparts and the low-yielding currency may appreciate further in the week ahead as market participants scale back their appetite for yields.
http://www.dailyfx.com/forex/fundamental/forecast/weekly/jpy/2011/06/10/Japanese_Yen_To_Benefit_From_Risk_Aversion_BoJ_On_Tap.html
- Sterling Losses to Gather Pace Post BoE- CPI Eyed Friday, June 10, 2011 @ 5:48PMThe sterling fell nearly 1.2% against the greenback this week after the Bank of England held rates at 0.5% on Thursday. The central bank declined to release an accompanying policy statement, suggesting that their sluggish outlook for the UK economy remains unchanged.
http://www.dailyfx.com/forex/fundamental/forecast/weekly/gbp/2011/06/10/Sterling_Losses_to_Gather_Pace_Post_BoE-_CPI_Eyed.html
- Canadian Dollar Poised to Follow S&P 500 Downward Friday, June 10, 2011 @ 5:48PMThe Canadian Dollar’s exchange rate to its US namesake remains closely correlated with the S&P 500. The relationship makes sense.
http://www.dailyfx.com/forex/fundamental/forecast/weekly/cad/2011/06/10/Canadian_Dollar_Poised_to_Follow_SP_500_Downward.html
- Forex Trading Interview: Alberto Tasca Friday, June 10, 2011 @ 5:19PMIn May, I attended a trading expo in Rimini, Italy. Though I met many people at the event, Alberto Tasca stood out as someone that was especially adept at trading FX and the markets in general.
http://www.dailyfx.com/forex/market_alert/2011/06/10/Forex_Trading_Interview_Alberto_Tasca.html
- GBP/USD: Trading the U.K. Consumer Price Report Friday, June 10, 2011 @ 4:18PMThe headline reading for U.K. inflation is expected to hold steady at an annualized 4.5% in May, but a slower pace of core price growth
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/06/10/GBPUSD_Trading_the_U.K._Consumer_Price_Report.html
- New Zealand Dollar Support at 7830/50 Thursday, May 19, 2011 @ 9:56AMThe NZDUSD has reversed sharply and the rally is in 5 waves – indicating that at least one more bull leg is probable.
http://www.dailyfx.com/forex/technical/article/special_report/2011/05/19/TopHeadline_2.html
- Jamie's Pick: 05/19/11 Thursday, May 19, 2011 @ 9:55AMThis is a short term idea that should unfold in less than a week. The NZDUSD has reversed sharply and the rally is in 5 waves indicating that at least one more bull leg is probable. It is possible that a larger flat or triangle is underway from the May high (the implications in both patterns are for strength close to and possibly just above 8120 before weakness back towards 7750). In other words ...
http://biz.yahoo.com/fxcm/110519/2033842223.html?.v=1
- Canadian Dollar Reverses from Channel Monday, May 16, 2011 @ 10:27AMThe USDCAD has traded above its prior month high for the first time since May 2010. The rally reversed however just shy of the 100% extension of the rally from the low and channel resistance. With the rally in 3 waves, it is possible that the larger trend remains down.
http://www.dailyfx.com/forex/technical/elliott_wave/usd-cad/2011/05/16/eliottWaves_usd-cad_1.html
- New Zealand Dollar Resistance at 7885 Monday, May 16, 2011 @ 10:27AMThe drop below 7813 satisfies minimum expectations for wave C from 7991. Last week’s I wrote that “expectations are for a sharp drop in either a 3 rd or C wave.
http://www.dailyfx.com/forex/technical/elliott_wave/nzd-usd/2011/05/16/eliottWaves_nzd-usd.html
- Japanese Yen Unchanged Monday, May 16, 2011 @ 10:27AMThe USDJPY is trading above its short term channel and focus is now on the May 2 high at 8168. Trading through there would suggest that the low for the month is in place at 7956 (as per the tendency for the high OR low for the entire month to register during the first 5 days of the month).
http://www.dailyfx.com/forex/technical/elliott_wave/usd-jpy/2011/05/16/eliottWaves_usd-jpy_1.html
- Swiss Franc Significant Short Term Pattern Monday, May 16, 2011 @ 10:27AMDailyFX 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.
http://www.dailyfx.com/forex/technical/article/special_report/2011/05/16/TopHeadline_2.html
- Dollar Gains are Tempered In Early US Trade- Risk Flows Ease Monday, May 16, 2011 @ 9:56AMThe Swiss franc was the best performer against the greenback in overnight trade, with the pair attempting a breaking below key support at the 38.2% Fibonacci retracement taken from the April decline at 0.8850. Risk appetite remained subdued into the start of this week, with the high-yielders continuing to fall against the greenback early in the US session.
http://www.dailyfx.com/forex/technical/article/winners_and_losers/2011/05/16/Dollar_Gains_are_Tempered_In_Early_US_Trade-_Risk_Flows_Ease.html
- Dollar Gains are Tempered In Early US Trade- Haven Flows Ease Monday, May 16, 2011 @ 9:49AMThe Swiss franc was the best performer against the greenback in overnight trade while the high-yielding kiwi continued to slide into the start of US trade.
http://biz.yahoo.com/fxcm/110516/546566194.html?.v=1
- Forex: Euro To Face Increased Volatility As EU Finance Ministers Convene, U.S. Dollar Price Action Remains Mixed Monday, May 16, 2011 @ 7:56AMCurrency traders showed a fairly muted reaction to the Euro-Zone consumer price report even as the core rate of inflation topped forecasts in April, and the bullish sentiment underlying the single-currency may continue to deteriorate over the near-term as the central bank softens its hawkish outlook for inflation.
http://www.dailyfx.com/forex/fundamental/daily_briefing/session_briefing/us_open/2011/05/16/05-16-11.html
- The Big Bounce Monday, May 16, 2011 @ 7:27AMThe EUR/JPY is well off its trend high at 122.87, established on April 10th of this year.
http://www.dailyfx.com/forex/education/trading_tips/chart_of_the_day/2011/05/16/Eur.Jpy05.16.html
- EUR/USD Classical Technical Report 05.10 Tuesday, May 10, 2011 @ 12:07AMEUR/USD : Setbacks have stalled for now ahead of critical support in the form of the higher low by 1.4155 from 18Apr. At this point, it sis difficult to determine whether the market will attempt to retain the underlying bullish momentum and look to establish a fresh higher low above 1.4155, or continue to falter below 1.4155 and force a shift in the broader structure. For now, we would use ...
http://biz.yahoo.com/fxcm/110510/68458325.html?.v=1
- Jamie's Pick: 05/05/11 Thursday, May 5, 2011 @ 10:31AMIn recent weeks, Ive focused on the measured objective at 10975 this is where the breakout from 10256 will have covered as much ground as the consolidation between 10256 and 9536. This level has been reached the extent of the decline from the top suggests that a larger decline is underway. 10200, the 61.8% retracement and former resistance, is a target in the weeks and months ahead. Near term ...
http://biz.yahoo.com/fxcm/110505/784708299.html?.v=1
- Japanese Yen Testing 61.8% Retracement Thursday, May 5, 2011 @ 10:27AMDailyFX 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.
http://www.dailyfx.com/forex/technical/elliott_wave/usd-jpy/2011/05/05/eliottWaves_usd-jpy_1.html
- AUD/USD: Trading the Australia Retail Sales Report Tuesday, May 3, 2011 @ 2:41PMRetail sales in Australia is expected to increase another 0.5% in March, and the ongoing expansion in private sector consumption could lead the local currency
http://www.dailyfx.com/forex/fundamental/daily_briefing/daily_pieces/trading_news_reports/2011/05/03/AUDUSD_Trading_the_Australia_Retail_Sales_Report.html
- Guest Commentary: Silver Prices Continue to Fall as CME Raised Margin Tuesday, May 3, 2011 @ 11:42AMGold and silver continue their descent; silver is plummeting very precipitately because of the new margin limitations on silver as announced by CME. The news keep on covering the bin Laden news as this news, from the commodities market perspective, has affected the emotions of many traders.
http://www.dailyfx.com/forex/fundamental/article/guest_commentary/2011/05/03/Guest_Commentary_Silver_Prices_Continue_to_Fall_as_CME_Raised_Margin_.html
- Euro Longs Exceed March Level Tuesday, May 3, 2011 @ 11:12AMThe COT Index is the percentile of the difference between net speculative positioning and net commercial positioning measured over a specific number of weeks.
http://www.dailyfx.com/forex/technical/article/cot/2011/05/03/COT050311.html
- U.S. Factory Orders Gain for Fifth Consecutive Month Tuesday, May 3, 2011 @ 10:42AMU.S factory orders in March beat expectations after initial estimates for February showed that figures fell short of analysts’ expectations. However, upon the revision in February’s data, it appeared that orders increased by 0.7 percent, as opposed to the 0.1 percent decline initially measured.
http://www.dailyfx.com/forex/market_alert/2011/05/03/050111_US_Factory_Orders_Rebound.html
- Gold Remains Well Bid Monday, April 18, 2011 @ 2:05PMWeekly Bars Prepared by Jamie Saettele There is little to say about gold, which continues to rally and make fresh all time highs. A break of long term trendline support in gold is needed in order to suggest that an important top has formed. The trendline is at 1371 this week. Continue to favor the upside towards long term channel resistance, which intersects with 1600 in the next several months ...
http://biz.yahoo.com/fxcm/110418/2023371271.html?.v=2
- Crude Unchanged Wednesday, April 6, 2011 @ 10:03AM60 Minute Bars Prepared by Jamie Saettele Crude has exploded higher and trading above 107.73 opens the door for a move as high as 112.39 (100% extension of rally from 97.00). Corrective channel resistance is at 114 this week and the longer term measured objective is at 117.38 (100% extension of rally from February 2009 low). Near term support is at 106.30 DailyFX provides forex news on the ...
http://biz.yahoo.com/fxcm/110406/1296988726.html?.v=1
- USD/CAD Classical 03.24 Thursday, March 24, 2011 @ 1:56AMUSD/CAD: A near bullish outside week after establishing fresh multi-month lows by 0.9665 got us excited with the prospect for a major reversal, and the latest break and weekly close back above 0.9800 helps to confirm our constructive outlook and should accelerate gains.
http://www.dailyfx.com/forex/technical/home/analysis/usd-cad/2011/03/24/USDCAD_CLassical.html
- Australian Dollar Triangle Breakout on the Table Monday, February 28, 2011 @ 9:54AM480 Minute Bars Prepared by Jamie Saettele With a potentially completed Elliott wave pattern (5 waves) from the 2008 low (6000), the risk of a sharp reversal and decline does remain. However, bears need a break below 9803 in order to confirm such a reversal and a move above 10256 would shift focus higher following a bullish triangle break towards 10500 or even 11000. The range has tightened and ...
http://biz.yahoo.com/fxcm/110228/657216453.html?.v=1
- Swiss Franc Focus Remains 9784 Wednesday, February 16, 2011 @ 9:52AM240 Minute Bars Prepared by Jamie Saettele The USDCHF remains in an exceptionally bullish position with a series of 1 st and 2 nd waves appearing to unfold from the February low. Alternate counts are bullish but to a lesser extent, allowing for a drop below 9550 before the next leg up takes place. In the event of a drop below 9550, 9500 (61.8% retracement) becomes support. DailyFX provides forex ...
http://biz.yahoo.com/fxcm/110216/853014217.html?.v=1
