Daily Market Commentary - GCI Financial EURO. The euro gave back recent gains vis-Ã*-vis the US dollar today as the single currency tested bids around the US$ $1.5845 level and was capped around the $1.5985 level. The common currency came within fifteen pips of testing the ... Go to...

Forex Trading: USDCAD approaches key moving average resistance USD CAD is approaching key moving average resistance at 1.0151. The 100 and 200 hour moving average is located at these levels and will provide good resistance going forward. Next week the BOC meets next week and the expectation...

Forex News: Initial Claims 372,00, Continuing Claim 2984000 The numbers are as expected. This should be priced itn the market. Go to Full Article

Forex Trading News: CAD CPI Data Released The Core CPI came out at 0.2% from the previous 0.5%. This was forecast at 0.3%. CAD gained strength vs. its counters after this news dropping the USDCAD down about 20 PIPS initially. Go to Full Article

Forex Trading: USD/CHF in a considerably sized consolidation ... USD/CHF in a considerably sized consolidation pattern. The pair has some formation resistance coming in above 1.0050 which may keep it contained unless fundamentals determine otherwise. Go to Full Article

Forex Trading: USD/CAD trying to recover some ground... USD/CAD trying to recover some ground after such a jagged sell off the other day. Right now, it's consolidating higher, trying to take out some resistance levels above. Go to Full Article

Forex Trading: EUR/GBP looking soft on a paid Pound... EUR/GBP looking soft on a paid Pound. The pair has been quite vivid lately as EUR and GBP leg higher and lower on each other. Go to Full Article

Forex Trading: GBP false break higher... Sterling made a false break higher and came off to the middle of its range. Go to Full Article

Forex Trading News: CHF ZEW Expectations and EUR Trade Balance Preview At 5:00 AM, the CHF ZEW Expectations are released. This data gauges investor sentiment in terms of the economic outlook. The previous figure was at -71.1 and today's figure is forecast at -60.0. In addition, the EUR Trade...

Talk is Cheap for the Euro The Euro hit an all time high of 1.5983 against the US dollar following better than expected trade balance numbers. The strength faded quickly however when Eurogroup President Junker told the markets that they “did not correctly ... Go to Full Article

Protected: Elliott Wave Analysis Forex Signal 1st Batch 17April2008 There is no excerpt because this is a protected post. Go to Full Article

Let’s see YOUR charts! Good day! Today I had a raving idea: in stead of me showing you what’s on my screen, how about if I review the setups YOU are looking to trade? So what I have done is to gather the comments left on yesterday’s post and I have reviewed ... Go to Full Article

Net Short Positioning Builds, Boosting Upside Potential USD/CHF Ratio: -1.89 Signal: Bullish Go to Full Article

Will Jawboning be Enough to Stop the Euro Rise? - Be Careful of the Dollar?s Rally - British Pound Rallies on Potential Respite for Mortgage Lenders Go to Full Article

Broad Range Settles USDCAD Positioning USD/CAD Ratio: 1.98 Signal: Bearish Go to Full Article