Forex News: NAHB Housing Market index comes in at 20 This is as expected. Unchanged from last month (the index has been at 20 for 3 straight months). The glut of homes remains which is keeping buyers at bay. Go to Full Article

Forex Trading: USDJPY getting bid.. USDJPY is back to testing the highs as the stocks move to positive territory. Resistance comes in at 101.82 (the 200 hour moving average). Support back down at 101.30 area. GBPJPY is also moving higher and has been able to breach the 21 ... Go to Full Article

Cowabunga System Daily Update: Tuesday, 04/15/08 Unfortunately we were forced to sit on the beach and watch the waves roll by, since we didn't have any signals today. See how the day played out in today's Cowabunga Surf Report. Go to Full Article

Why Consumers May Need to Get Use to $110+ Oil Oil prices are ripping higher this morning. 24 hours after the US retail sales report told us that gasoline receipts is the ONLY reason why the value of consumer spending increased last month, today’s rise in oil leads us to wonder how ... Go to...

Johnson and Johnson’s Earnings is Proof of Why the US Government ... Strong Earnings from Johnson and Johnson is one today’s biggest stories. Although sales have increased in all 3 of its units (medical devices, consumer products and pharmaceuticals), if not for the weakness of the US dollar,...

Delta and Northwest Stocks Fall On Merger Deal US stocks step slightly into the positive territory Tuesday for the first time in three days on a firmer-than-forecast New York manufacturing report which showed an unexpectedly gain in activity. What’s hogging headlines is the another ... Go to...

FXCM Launches Its Enhanced Dollar Index Programs See the article... Go to Full Article

Positive US Data Not Helping Dollar Sentiment Much Tuesday’s economic releases from the US are generally in the US’s favor. The NY Fed Empire State manufacturing survey came out better than expected: The general business conditions index rose to 0.63 in April from -22.23 the prior month...

Forex Trading: Key breakout levels failed The market has reversed the trend from the earlier breakouts. USDJPY made it above the 101.32, 100 hour moving average level, squeezed higher to a high of 101.67 but has since moved back below the 100 hour MA level. ... Go to Full Article

The Whipsaw Song by Ed Seykota OK, most of you may have listen to this song by Ed Seykota from other blogs’ links. But, I am going to post it here again, as back up. Man, it is an interesting song. Enjoy. ShareThis. Go to Full Article

Euro Moves Higher in Currency Trading Forex trading with the euroThe euro is moving higher in currency trading on the FX market as French inflation increases. France represents the second-largest economy in the eurozone, and it has some influence in forex trading with the ... Go to Full Article

US Dollar in Forex Trading Credit market doubts continue to plague greenback in currency tradingThe US dollar continues to struggle in forex trading on the currency market this morning. Despite calls at the G7 meeting for less volatitility in major currencies, ... Go to Full Article

Forex Trading Forecast: Taiwan Dollar Taiwan dollar expected to do well in currency tradingThe forex trading forecast for the Taiwan dollar is being driven by inflation right now. As inflation in Taiwan grows, the central bank there is more likely to allow the currency to ... Go to Full Article

Forex Trading Strategy: UK Pound Sterling falls against euro in currency tradingForex trading strategy for the UK pound should consider that it is likely to continue to weaken against the euro in currency trading. Sterling is struggling as the credit market crisis ... Go to Full Article

Currency Trading Terms: Pip Percentage in point on the FX marketOne of the currency trading terms you are likely to come across is "pip." Pip stands for percentage in point. It is the smallest amount of change in forex trading. For most currencies, forex trading ... Go to Full Article