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New Zealand Dollar Technical Outlook
The NZDUSD has held above trendline support so far, but a break of .7781 would likely give way to a price smash.
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Yen Technical Outlook
The USDJPY blew through 102.95, negating the bearish bias and our idea that a 4th wave was complete.
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British Pound Technical Outlook
Our longer term bias remains bearish but the GBPUSD may continue to bounce over the next few days. The drop from 2.0396 may be a leading diagonal as wave...
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Euro Technical Outlook
For a detailed look at the EURUSD, please visit our Special Report, just published yesterday. The EURUSD has either topped at 1.5983 or will make one more...
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Swiss Franc Technical Outlook
The rally through 1.0249 confirms that the C wave we had suspected was underway is underway.
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Canadian Dollar Technical Outlook
"The rally from .9710 to 1.0324 is in 5 waves, confirming that the larger trend is up. We are treating the decline from 1.0324 as a 3 wave correction (a-b-c).
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Australian Dollar Technical Outlook
We proposed the idea that a triangle was unfolding yesterday and price action is confirming this suspicion so far.
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Dollar Comeback Time
The EURUSD has fallen over 200 pips from its high, which makes a strong case for a much larger turn.
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UK Pound Gains in Forex Trading
Sterling rises in currency tradingThanks to a plan being floated by the Bank of England, the UK pound is gaining in forex trading on the currency market this morning. The sterling is receiving a boost in currency trading on the news ...
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Three scalps in gbp/usd
There was continuation of profit taking in gbp crosses. Very violent and strong. So everything fall against the usd but gbp. I expected that there will come reaction in crosses and that other pair would pull gbp against the dollar also. ...
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Forex News: BoE Bailout Plan Sparks Pound Rally
See the article...
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Euro At A Standstill as 1.60 Fails Yet Again
Talking Points - Japanese Yen: Sellers at 102.50 keep pressure on the pair - Euro: Hot German PPI but failure at 1.60 weighs - Pound: Trades strongest...
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Forex Trading: NY Session Economic Data Releases
Unemployment Claims @ 8.30 am EST as well as Philadelphia Fed @ 10.00 am. See also below:
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Click Here to View the Forex Daily Economic Video for Trading ...
Forex Daily Economic Video: Comprehensive Market Outlook for April 17th 2008 FXDD - Information on weekly jobless claims and continuing claims data. (Market moving information. Please digg or reddit this video if you find it...
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European Mid Morning Update 18th April 2008
Market struggles to find data to trade from today. Releases from Europe:. March Forecast Actual German Producer Prices (MoM) +0.5% +0.7% German Producer Prices (YoY) +4.0% +4.2%. There has been a sudden absence of central bank officials ...
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