Latest FX Articles
USDJPYs bounce extended to 90.82
USDJPYs bounce from 88.14 extended further to as high as 90.82. However, another fall towards 89.63 key support is still possible later today, a breakdown below this level will indicate that the downtrend from 93.75 (Jan 7 high) has resumed, then deeper decline could be seen to 87.00-87.50 area. Resistance is now at the falling trend line from 93.75 to 92.14, only a clear break above the trend line... [Read more]
Trading Mastermind
Daily Market Outlook by AceTrader
Market Review - 11/03/2010 22:59GMT Dollar little changed after mixed data on US trade and jobless claims The greenback traded little changed versus major currencies on Thursday after mixed data on U.S. trade and jobless claims failed to give investors strong reasons to move the currency. The single currency briefly came under pressure after German Chancellor Angela Merkel said the... [Read more]
Aussie Continuation
The uptrend on the four hour AUD/USD has continued to climb higher and is trading with the Rising Wedge as the market cycles remains in a mark up cycle. The mark up cycle is the key to playing trending patterns such as a Wedge. The trend is confirmed by the 12 to 2 o’clock angle of the 34EMA Wave. The plug in for my GRaB 2.0 plug in for MT4 is available at my blog, RagheeHorner.com - but please... [Read more]
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CLICK HERE!How Bullish is a Crude Advance that is Derived from the Weakest Level of Activity since 2007?
Though it has been small consolation to traders, setting fresh eight-weeks high has imbued crude with a sense of activity. However, removing this moderate accomplishment (besides, $84 is a far greater level when it comes to psychological weight), we are left with a notable bullish bias that has directed the market for nearly five weeks now. Read More →
FOREX VIDEO – European Outlook March 12th 2010
Hi everybody, this outlook concentrates on the Euro USD, Euro Pound and a brief look at the Pound Yen. Good luck!! David Pegler Read More →
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