Category: Forex Trading
The analysis published under this category are as follows.
Monday, December 14, 2009
Currency Traders Look to German ZEW Economic Sentiment Report / Currencies / Forex Trading
By: ForexPros
German traders await publication of the ZEW Economic Sentiment Report, which will be released tomorrow (Dec 14).
The report determines sentiment among German institutional investors, with analysts expecting a slight increase from last month's 50.10 to 50.20.
Friday, December 11, 2009
EUR/USD Bears Emerging From the Woods? / Currencies / Forex Trading
By: Seven_Days_Ahead
The 2009 uptrend in EUR/USD has struggled recently, coinciding with the test of a 76.4% recovery level. There seems to be something in the wind, but the bears need to produce more before we can confidently call for a pullback phase.
Thursday, December 10, 2009
Currency Trading for 10th December / Currencies / Forex Trading
By: ForexPros
Fundamental Analysis: US Census Bureau
The US Census Bureau will release the Core Retail Sales report tomorrow (Dec 11).
The report is a monthly measurement of all goods sold by retailers based on a sampling of retail stores of different types and sizes in the US, excluding auto. It is an important indicator of consumer spending and also correlated to consumer confidence and considered as a pace indicator of the US economy .
Wednesday, December 09, 2009
U.S. Dollar Weaker Whilst Japanese Yen Gains Strength on Trendline Break / Currencies / Forex Trading
By: ForexPros
Fundamental Analysis: Trade Balance Index
The US Bureau of Economic Analysis will release the Trade Balance index report Tomorrow (Dec 10), which measures the difference in worth between exported and imported goods (exports minus imports).
This is the largest component of the US's balance of payments.
Tuesday, December 08, 2009
U.S. Dollar/ Japanese Yen on a Knife Edge / Currencies / Forex Trading
By: ForexPros
The Reserve Bank of New Zealand (RBNZ) will release its decision on short term interest rate Tomorrow (Dec 9).
The decision on where to set interest rates depends mostly on growth outlook and inflation. The primary objective of the central bank is to achieve price stability. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency.
Thursday, December 03, 2009
Bear Clouds in EUR/JPY Begin to Precipitate / Currencies / Forex Trading
By: Seven_Days_Ahead
For the last few months the EUR/JPY cross rate has been range-trading, unable to push above key overhead resistance. Just recently there was a clear break of a key support area, tipping the scales in the shorter term bears’ favour.
Thursday, December 03, 2009
Currency Markets Move in Tight Range Ahead of U.S. Unemployment Rate Report / Currencies / Forex Trading
By: ForexPros
The US Bureau of Labor Statistics will publish its monthly Unemployment Rate report tomorrow (Dec 4). The report is a measure of the percentage of the total labor force that is unemployed but actively seeking employment and willing to work in the US.Read full article... Read full article...
Wednesday, December 02, 2009
Currency Markets Look To ECB Interest Rate Decision / Currencies / Forex Trading
By: ForexPros
The EU Central Bank will announce the new monthly short term interest rate tomorrow.
The decision on where to set interest rates depends mostly on growth outlook and inflation. The primary objective of the central bank is to achieve price stability. High interest rates attract foreigners looking for the best "risk-free" return on their money, which can dramatically increases demand for the nation's currency.
Tuesday, December 01, 2009
Currency Markets Look To Tommorows Nonfarm Payroll Data / Currencies / Forex Trading
By: ForexPros
The U.S Department of Labor will release The ADP Nonfarm Employment Change report tomorrow (Dec 2)
The ADP National Employment Report is a measure of the monthly change of nonfarm private employment, based on a subset of aggregated and anonymous payroll data that represents approximately 400,000 U.S. business clients.
Monday, November 30, 2009
How to Find the Trend in the Forex Markets / Currencies / Forex Trading
By: INO
Here is the fastest and easiest way to tell the trend in the foreign exchange markets.
In today's video I'm going to share with you a wonderful way to look at the forex markets and determine which way they are headed in a matter of seconds. We'll be looking at three different cross rates and how they all correlate together in a way that I think may surprise you.
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Monday, November 30, 2009
AUD/USD Key Reversal Week Bearing Fruit / Currencies / Forex Trading
By: Seven_Days_Ahead
In the FX Specialist Guide we had pointed out a Key Reversal Week that potentially boded bad for bulls. We still believe this to be the case and signs begin to emerge on the Daily chart that back this up.
Monday, November 30, 2009
Japanese Yen Surge, a Macro Traders View / Currencies / Forex Trading
By: Seven_Days_Ahead
The Yen is a currency that has recently benefited from periods of risk aversion. When stocks have been sold the Dollar has rallied on safe-haven buying and the Yen has strengthened too. Even though the Japanese economy has suffered its own damaging recession, traders see the Yen as a refuge from periods of great uncertainty.
Monday, November 30, 2009
ISM Manufacturing Index Report to Impact Currency Trends / Currencies / Forex Trading
By: ForexPros
The U.S. Institute of Supply Management (ISM) will publish its monthly Manufacturing Index tomorrow (Dec 1).
The ISM index is the result of a monthly survey of over 400 companies in 20 industries throughout the 50 states, which tracks the amount of manufacturing activity that occurred in the previous month. The Index is considered a very important and trusted economic measure.
Thursday, November 26, 2009
U.S. Dollar Trading Fibonacci Projections / Currencies / Forex Trading
By: ForexPros
The Swiss KOF Economic Research Agency will publish its "Leading Indicators Index" Tomorrow (Nov 27), which determines the overall economic health of the country's economy.
The Index is comprised of 12 indicators related to consumer confidence, banking confidence, production, new orders and housing- and sheds light on the economic trend and the movement of GDP growth in Switzerland.
Tuesday, November 24, 2009
Euro and Yen Currency Trading for 24th November / Currencies / Forex Trading
By: ForexPros
The US Census Bureau will release the Monthly New Home Sales Report tomorrow (Nov 25th).The report helps analyze the strength of the US housing market, and the economy as a whole, by measuring the annualized number of new residential buildings that were sold during the previous month.
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Monday, November 23, 2009
USD/CAD Gearing Up for the Next Bull Leg / Currencies / Forex Trading
By: Seven_Days_Ahead
The correction from the 1.3063 Mar high has been deep. Whilst recent support has not come from the most obvious of levels it is still worth looking to see what is now needed to trigger further s/term bull interest.
Monday, November 23, 2009
Forex Traders Await German Business Climate Index Report / Currencies / Forex Trading
By: ForexPros
Traders await Tomorrow's release of the Ifo Business Climate Index by the German Institute for Economic Research.
The index is concluded from survey of about 7,000 businesses, and determines the business sentiment and conditions in the Euro-zone.
A higher than expected reading should be taken as positive/bullish for the EUR, while a lower than expected reading should be taken as negative/bearish for the EUR.
Saturday, November 21, 2009
U.S. Dollar Yen on the Brink / Currencies / Forex Trading
By: LiveCharts
As the dollar remains weak across the board thanks to renewed concerns about the strength of economy recover, the dollar-yen ratio currently sits just above major long-term support in the 87-88 yen range.
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Saturday, November 21, 2009
U.S. Dollar Weakness Couldn't Do the Trick / Currencies / Forex Trading
By: Ashraf_Laidi
Another Friday, Another Yen Day While the dollar rebound accelerates on broadening risk aversion, the Japanese yen remains the best performer among major FX, just as was the case in the last 3 Fridays. The case for continued yen strength remains based on the currency's low yielding stature, the central bank's looming end of corporate bond purchases (unlike FOMC whose desire to withdraw liquidity is strictly in talk rather action) and the US Treasury's escalating borrowing, which limits rebounds in the USD and renders JPY lustre against other FX.
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Friday, November 20, 2009
How to Profit from the Falling U.S. Dollar With ETFs / Currencies / Forex Trading
By: Ron_Rowland
The U.S. dollar is falling like a rock! And while we could always see a short-term rally, I’m growing more and more convinced that the dollar is heading much lower against other world currencies.
Look at this chart below. In just the last eight months, the U.S. Dollar Index (DXY), which measures the strength of the dollar against a basket of major currencies, plunged more than 15 percent! This week it’s breaking down even further.
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