Category: Forex Trading
The analysis published under this category are as follows.
Monday, October 31, 2011
Yen plunges on BOJ intervention / Currencies / Forex Trading
By: Regent_Markets
The main news this morning is the Bank of Japan's direct intervention in currency markets to haul the yen back from record highs against the US dollar. The intervention sent the USD/JPY soaring with a knock on effect on other yen and dollar pairs. The USD/JPY is up 4.00%, touching a high of 79.53 after the pair hit record lows last week. There are similar moves on other yen pairs with the GBP/JPY up 3.45%.
Tuesday, October 25, 2011
Euro and Forex Markets Analysis / Currencies / Forex Trading
By: Capital3X
Many believe that EUR action is all about Dollar Index. We disagree. The times we live in now are no more led by Dollar action but rather by EUR action given the tremendous implications of what is happening in EU zone. Who would have thought that a disparate group of politicians, each subservient to their political goals and with a tinge in common between them would chart a path to common fiscal union. We had doubts as did markets. But for the first time, we feel that fiscal union and treaty change are now a matter of time rather than whether they will happen!
Thursday, October 20, 2011
Europe still looking for the Bazooka / Currencies / Forex Trading
By: Regent_Markets
Title: Europe still looking for the BazookaThis morning financial markets are on the back foot following last night's evening session sell off. Markets are still looking European officials to bring out the 'Bazooka', a plan that will put to bed the Eurozone worries once and for all. Up until now officials have provided solutions that do little more than buy time, but now its crunch time and markets are demanding a meaningful solution. The omens weren't good last night when an FT story suggested that European banks would only have to raise 100 bn euros, less than a third of what the market things they really need. In addition, European lawyers have questioned the legality of proposals to leverage up the EFSF under the 'no bailout' clause.
Read full article... Read full article...
Thursday, October 20, 2011
U.S. Dollar and Euro Review and Outlook / Currencies / Forex Trading
By: Axel_Merk
With so many global dynamics playing out, and the world’s financial markets fixated on the political process (or lack thereof) in the Eurozone, driving market sentiment around the world, it may be a good time to take a deep breath, take a look back at where we’ve come from, and assess the likely implications going forward. Specifically, what are the implications for the U.S. dollar and currencies globally?
Sunday, October 16, 2011
Currency Intermarket Insights, YEN, UST2Y, DXY, EURO / Currencies / Forex Trading
By: Capital3X
Key counter trends this week has challened many of the established trends of the last 3 months. We will look at key pairs and intermarket to understand on their trends.
Thursday, October 13, 2011
Aussie Dollar Extends Rally / Currencies / Forex Trading
By: Regent_Markets
This morning, the AUD/USD is extending the run that has seen it rally over 7.50% since the lows of September. In the same period the NZD/USD has gained 6.5% and the EUR/USD 5%. The Aussie is rallying today after better than expected employment change and unemployment data.
Friday, October 07, 2011
Aussie leads the way ahead of NFP / Currencies / Forex Trading
By: Regent_Markets
This morning the US dollar is under some pressure with the Aussie and Kiwi dollars bursting higher in early trading. The AUD/ USD is up 0.75% with the NZD/ USD up 0.65%. The British pound is not far behind with the GBP/ USD up 0.62%.
Read full article... Read full article...
Friday, September 23, 2011
Two Protective Currency Plays to Make Ahead of the Looming Recession / Currencies / Forex Trading
By: Money_Morning
Sean Hyman writes:
There's a hurricane headed for the U.S. economy, one that'll send stocks tumbling and rip gains out of your portfolios - especially if you aren't ready with some protective currency plays.
The "hurricane" I speak of is the looming recession.
Read full article... Read full article...
Friday, September 16, 2011
The Best Currency to Sell Short Right Now / Currencies / Forex Trading
By: Money_Morning
Sean Hyman writes:
There's never been a better time to be a short-seller.
Right now stocks are slipping and sliding all over the place, overall trending downward. And it doesn't look like this downtrend is going anywhere soon.
Read full article... Read full article...
Saturday, September 10, 2011
Sell Euro to Buy Australian Dollar / Currencies / Forex Trading
By: Axel_Merk
Given that many know Merk Investments as "euro bulls", arguing that the euro can thrive despite all the turmoil in the Eurozone, we wanted to share with our investors and the public that in our hard currency strategy, currently with over $700 million in assets, we sold over U.S. $90 million worth of euros late Thursday to re-allocate to the Australian dollar. This re-allocation was an acceleration of a recent trend to deploy euro holdings elsewhere. The strategy is now underweight in euros.
Read full article... Read full article...
Friday, August 19, 2011
Temporary Halt Seen in USD/CHF's Slide / Currencies / Forex Trading
By: Seven_Days_Ahead
USD/CHF has been grinding lower through 2011 and recently the pace accelerated. A s/term halt and sharp rebound has followed, but at the moment this could only be temporary.
Read full article... Read full article...
Friday, August 12, 2011
Pullback In AUD/USD Hits Key Support Area / Currencies / Forex Trading
By: Seven_Days_Ahead
After reaching a target on the long term chart AUD/USD has pulled back smartly, testing a pivotal Fibonacci support area. Bears will strengthen their ranks on a break of this.
Read full article... Read full article...
Wednesday, August 10, 2011
Swiss Franc Safe Haven Becoming Dangerous? / Currencies / Forex Trading
By: Willem_Weytjens
You have probably read it many times the last couple of days: People are rushing into safe havens such as Gold, the Swiss Franc and the Japanese Yen. When the mass is doing something, we pay attention. We get cautious. We know that if you follow the mass, you will burn your hands. Therefore, we analyzed those so-called safe havens in this article.
Monday, August 01, 2011
The Secret Way to Profit from the U.S. Debt to China / Currencies / Forex Trading
By: Money_Morning
Sean Hyman writes:
Perhaps the biggest reason our country is facing a contentious debt-ceiling debate is because of the massive U.S. debt to China.
It's easy to forget that China is the world's largest buyer of U.S. Treasuries and it has as much to lose in this high-stakes game of chicken as does the United States.
Read full article... Read full article...
Friday, July 01, 2011
USD/CAD Recovery Holding Below Key Resistance / Currencies / Forex Trading
By: Seven_Days_Ahead
Our last USD/CAD Update (06th May) highlighted certain downside Fibo projections which looked supportive. Subsequent recovery has so far been unable to overcome initial key resistance though.
Thursday, June 23, 2011
Aussie Dollar Risk Trade About to Crack / Currencies / Forex Trading
By: readtheticker
The Aussie dollar has been the show pony for the risk on trade. Ben Bernanke endorsed the risk off trade today, yip thats right, he speaks stocks sell off and the dollar rallies. Who would have thought ! All the Aussie dollar longs will be a tad nervous to say the least.
Friday, June 17, 2011
USD/CHF Forex Bears Show Short Term Fatigue / Currencies / Forex Trading
By: Seven_Days_Ahead
The USD/CHF chart has continued to grind lower during 2011, offering little reason to suggest a change in trend is due. There is now one small sign of bear fatigue, but further signs are required before a recovery is presumed.
Saturday, May 28, 2011
EUR/GBP Key Reversal Signal / Currencies / Forex Trading
By: Seven_Days_Ahead
As in the EUR/USD (Update 12/05/11) the EUR/GBP cross recently displayed a key reversal week, which implied at least a temporary halt in the 2011 uptrend. This week’s violation of key support now suggests a weakening in upward momentum.
Monday, May 23, 2011
Daily Short-term Forex Market Forecasts for 12 Currency Pairs / Currencies / Forex Trading
By: EWI
From the May 4 top near $1.4950, the EUR/USD (the euro-dollar exchange rate and the most actively-traded forex pair) has fallen as low as $1.4050 on May 16.
In other words, the dollar has gained 9 full cents on the euro in less than two weeks. That's a huge move, and people want explanations. And what the media offers boils down to "risk aversion," in light of "the bad news from Greece." And that sounds good -- until you check the timeline.
Read full article... Read full article...
Thursday, May 19, 2011
Forex Forecasts, EUR/USD Falling on Risk Aversion? / Currencies / Forex Trading
By: EWI
From the May 4 top near $1.4950, the EUR/USD (the euro-dollar exchange rate and the most actively-traded forex pair) has fallen as low as $1.4050 on May 16.
In other words, the dollar has gained 9 full cents on the euro in less than two weeks. That's a huge move, and people want explanations. And what the media offers boils down to "risk aversion," in light of "the bad news from Greece." And that sounds good -- until you check the timeline.
Read full article... Read full article...