Category: Forex Trading
The analysis published under this category are as follows.
Saturday, January 26, 2013
Currency Wars and ECB's Shrinking Balance Sheet / Currencies / Forex Trading
By: Ashraf_Laidi
Are the euro's gains just starting as the ECB balance sheet shrinks further from LTRO repayment?
278 European banks have repaid €137 bn in the first LTRO operation, which raised € 489 bn in December 2012. LTRO-2 from February 2012 now receive a repayment of about €250 bn.On today's announcement, Spanish 10-year yield saw its biggest decline of all Eurozone bonds, losing 15 bps versus a mere 3 bps for its Italian counterpart. This is partly explained by the fact that Spanish banks were the biggest borrowers in LTRO-1 lending, accounting for 41% of total take-up, compared to 25% from Italian banks.
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Friday, January 25, 2013
The Best Currencies to Invest in for 2013 / Currencies / Forex Trading
By: Money_Morning
Larry D. Spears writes: The best currencies to invest in for 2013 come from Asia, South America, Australia - but not the United States.
The Federal Reserve's misguided insistence on a loose monetary policy, ongoing resistance to government spending cuts, and another increase in the U.S. debt ceiling will all conspire to boost inflationary pressures and restrain the value of the U.S. dollar.
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Thursday, January 03, 2013
Forex Trading: Why You Need to Look Past "Fiscal Cliffs" / Currencies / Forex Trading
By: EWI
First, a word on how we all are conditioned to think that, "momentum will remain constant unless acted on by an outside force." Read this excerpt from Robert Prechter's May 2004 Elliott Wave Theorist:
Read full article... Read full article..."...'Momentum will remain constant unless acted on by an outside force.' This mode of thought is deeply embedded in our minds because it has tremendous evolutionary advantages. When Og threw a rock at Ugg back in the cave days, Ugg ducked. He ducked not necessarily because his mind had inherited and/or learned the consequences of the Law of Conservation of Momentum.
Friday, December 28, 2012
Don't Expect the News to Tell You Where EUR/USD Is Going Next / Currencies / Forex Trading
By: EWI
Retrospective explanations of market moves don't keep you ahead of the trend
On December 27, EUR/USD shot up as high as $1.3283. Forex news headlines were quick to comment:
Read full article... Read full article..."Dec 27 - The euro slightly extended gains against the dollar after strong U.S. new home sales data last month further lifted the market's appetite for riskier currencies."
Wednesday, December 26, 2012
Currency Market Trading Opportunities for 2013 / Currencies / Forex Trading
By: EWI
Dear Trader,
Today, you have a chance to see a unique new report on 5 hidden market opportunities that should be coming your way in 2013.
The report was put together by Elliott Wave International's Senior Currency Strategist, Jim Martens. EWI prides itself on finding opportunities that others miss. This free report is no exception.
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Monday, December 24, 2012
EUR/USD Forex Analysis for Week Of December 24, 2012 / Currencies / Forex Trading
By: Forex_Abode
Euro-US Dollar (EUR/USD) had gone as high as 1.3308 after breaking over the May 1st, 2012's resistance of 1.3283. After this break the pair could not sustain over 1.3300 and the second attempt to break over this failed at 1.3295. After 8 day's price action over 5-day EMA, ER/USD managed to break below this support and went as low as 1.3158 before closing for the week at 1.3188 i.e. almost at the 5-day EMA.
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Monday, December 10, 2012
EUR/JPY - The Fear Of 108.00? / Currencies / Forex Trading
By: Forex_Abode
Euro - Japanese Yen has been making attempts to break over 107.95 for past 3 trading days but has been failing to do so. The drop took it to 106.12 before the currency pair closed for the week at 106.66.
The fact that EUR/JPY has not been able to break over 107.95 suggests that we can expect some downward consolidation. Please note that this zone had proved to be a very strong resistance area during April 2012 and a strong fall had taken place from here. But on the other hand the support came exactly at 22-day EMA and that keeps us neutral initially. The weekly MACD stays above the signal line very bullishly, while the daily MACD has moved below the signal line. This also indicates that some downward consolidation may take place while bullish sentiments continue to hold.
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Monday, December 10, 2012
USD/CHF - Break Of The First Hurdle / Currencies / Forex Trading
By: Forex_Abode
USD/CHF found the support34 pips above the level we had mentioned last week (quoted above). The currency pair found support at 0.9241 and then broke above the mentioned resistance of 0.9340. The pair went as high as 0.9383 after breaking over the 55-day EMA resistance and closed for the week at 0.9347.
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Tuesday, November 27, 2012
Trading Forex USD/JPY With Elliott Waves / InvestorEducation / Forex Trading
By: EWI
Elliott wave analysis is not a crystal ball. (No market-forecasting method is.)
But here's what is remarkable: Even when your Elliott wave forecast doesn't pan out, you have built-in safeguards to alert you -- and help you manage risk. Here's a real-life example.
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Monday, November 26, 2012
Currency Wars, Trading $ Driver, Forecasts 2013 / Currencies / Forex Trading
By: Gordon_T_Long
Since September, the Currency Wars have escalated. It isn't just because of the seminal monetary events of the Federal Reserve's QE III "unlimited" and the ECB's OMT "Uncapped". It is highly likely, more about the fact that China announced its eleventh agreement that effectively bypasses using the US dollar with China's strategic trading partners. The latest agreement with Russia places trading oil, in non-US dollars, into the spotlight. The infamous petrodollar has had its destructive profile raised.
Thursday, November 15, 2012
How Multinational Treasurers hedge their Foreign Exchange Exposure in Global Operations / Currencies / Forex Trading
By: Sam_Chee_Kong
As can be seen from below since 1990, world trade between countries have been on the rise. The decline in world trade during 2008-2009 is due to the global financial crisis that affected many countries. However it did managed to reverse its direction by end of 2009 and continue its upward trend ahead. The ‘take off period’ actually happened since the year 2000 where world trade went up from 100 to 150 on the index.
Thursday, October 18, 2012
Forex Trading Using Elliott Waves Video Lesson / Currencies / Forex Trading
By: EWI
8-minute video by EWI's Currency Specialty Service editor shows you how the Elliott wave concept of "waves within waves" allows you to find both the short- AND long-term trends.
In mid-July, AUD/USD, the exchange rate between the U.S. and Australian dollar (and a popular forex pair) was trading near 1.0100.
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Wednesday, October 17, 2012
FOREX Trading Analysis Charts and Forecasts for Dollar, Euro, Yen... / Currencies / Forex Trading
By: EWI
Greetings,
Elliott Wave International have just announced the start of their popular FreeWeek!
That's where they throw open the doors for you to test-drive some of their most popular premium services -- at ZERO cost to you.
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Thursday, September 27, 2012
Always A Euro Currency Bear / Currencies / Forex Trading
By: Bloomberg
John Taylor, founder and CEO of the world's largest currency hedge fund FX Concepts, spoke with Bloomberg Television's Erik Schatzker and Stephanie Ruhle on "Market Makers" today and said that he'll "probably always be a bear on the euro" and that "it is hard to look at the European situation and see a cloudy sky become clear."
Taylor also said that "they equity market is not showing any legs...I do not know where we will wind up. Maybe the people will come out of the wall and as you say, it's cheap now, they should be in and buying, they have their chance. Where are they? I am waiting. Show up."
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Wednesday, September 26, 2012
Turkey Lira and the Euro / Currencies / Forex Trading
By: Nick_Dockerty
After hitting a low of 2.1725 at the beginning of August the euro has rallied against the Turkish lira in the past few weeks. The euro climbed to 2.3650 on September 17 but as scepticism surrounding the latest eurozone debt solution has re-surfaced among investors it has retreated since with one euro buying 2.3183 on September 25.
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Wednesday, September 05, 2012
Forex Market Forecast for the USD/ZAR Currency Pairing / Currencies / Forex Trading
By: Submissions
Adam G writes: In this article, we look at the market forecast for an exotic currency pair, the USDZAR. Traditionally, this currency pair has hovered in a range of 6 rands to one US dollar, to 10 rands per US dollar. For some time in 2012, it has stayed within the 7-8 rand per dollar range. Lately, the trade setup shown below has been in formation.
Sunday, September 02, 2012
Most Compelling FX Trading Opportunity Right Now, Forex Video / Currencies / Forex Trading
By: EWI
On the day when the Fed Chairman Ben Bernanke delivers his much-anticipated speech in Jackson Hole, we want to tell you about an emerging forex opportunity which...
...has nothing to do with Bernanke.
And that's exactly what makes this opportunity so promising: Few traders know about it.
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Saturday, September 01, 2012
Forex Trading Opportunity Video Access / Currencies / Forex Trading
By: EWI
Dear Trader,
Jim Martens is the Senior Currency Strategist at Elliott Wave International -- the world’s largest market-forecasting firm.
Since 1992, Jim’s analysis has helped professional and individual investors navigate the most exciting forex market opportunities.
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Wednesday, August 22, 2012
Four of the Best Currencies to Invest in for 2012 / Currencies / Forex Trading
By: Money_Morning
Larry D. Spears writes:
If you had to pick one word to describe the outlook for the world's major currencies heading into 2013, it would have to be "inconclusive."
Since late May, none of the leading currencies has managed to establish a prolonged trend, with choppy action being driven by continued economic instability in Europe, a sluggish recovery in the United States and slowing growth in the Far East.
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Friday, July 20, 2012
Forex Trading Event - See Today's Top 5 FX Opportunities / Currencies / Forex Trading
By: EWI
You're invited to a free forex trading event hosted by our friends at Elliott Wave International!
How to Trade the Top 5 Forex Opportunities Right Now
Now through July 26, EWI Senior Currency Strategist Jim Martens will walk you through some of his best opportunities in key forex markets and show you how to act on them using the Elliott Wave Principle.
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