Market Commentary - March 25 2008 Will Optmism to US economy continue to support US Dollar? By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook. Yesterday EURUSD failed to break 1.5350 support (38.2 % Fibonacci retracement from 1.4450 to 1.5904). ... Go to Full Article

Forex: Selling the dollar so far in this shift we are seeing them sell off the dollar with euro/usd trading higher at 1.5520 usd/yen at 100.55 gbpusd 1.9915 and usdchf at 1.1062 no real news why they are sell the green back. Go to Full Article

Forex: Usd/Jpy We are seeing them test the resistance at 101.00 after breaking threw that three year low. It should provide some resistance in this thin market due to the holiday. Go to Full Article

Easter Surprise and a view on the Loonie Welcome back. After a long weekend markets opened the week with not quite a bang but some interesting numbers and equally interesting moves among the majors and their crosses where we saw textbook reactions and some funnymentals off the ... Go to...

Candlesticks Signal End to Dollar Strength, JPY an Exception Last week, we noted EURUSD price action had presented an inverted hammer candlestick, signaling a possible bearish reversal. That view has now been confirmed... Go to Full Article

Forex in 60 Seconds: Traders Pile Back Into Risk As JP Morgan Ups Their Bid for Bear Stearns (Video) - Stronger-than-expected US existing home sales propel US dollar higher during NY morning trade, but was it really all that bullish? - Bear Stearns saga... Go to Full Article

Falling Commodity Prices Do Not Stop the Comm Dollars from Rallying The Canadian, Australian and New Zealand dollars extended their recovery despite a drop in commodity prices. Go to Full Article

Why the USDJPY Rally Could be Limited All of the Japanese Yen crosses have rebounded significantly on the back of the rally in the US stock market. Go to Full Article

British Pound: April Rate Cut Will be a Close Call After sharp losses last week, the British pound recovered against all of the major currencies. Go to Full Article

US Dollar in Recovery Mode - Euro Could Replace the Dollar as World?s Largest Reserve Currency Within 10 Years - British Pound: April Rate Cut Will be a Close Call Go to Full Article

How Much of a Threat is the Euro to the US Dollar as a Reserve ... The weakness of the US dollar is becoming a big problem: 1) Inflation in Saudi Arabia has hit 27 year highs 2) There have been riots in the UAE partly due to the weakening dollar eating into remittances 3) Companies in Europe...

Forex Trading: USDJPY staying above retracement resistance at 100.64 The USDJPY is starting to put some room in between the current price and 38.2% retracement level of the move down from Feb 12th at the 100.64 area (see chart). A close above this area would pave the way for a move higher. ......

Forex Trading: Dollar finds a bid off the Bear Stearns news The initial reaction is a buy the dollar. USDJPY and USDCHF benefitting. EURUSD tests the 1.5407 intraday support area now. Existing Home sales to be released shortly. Go to Full Article

Take a step back to see the big picture. One issue I see with many new traders is that they use the shortest time frame charts to make their trading decisions. It is typical to see new traders use a 1-minute or 5-minute chart because they think that their risk is lower. ... Go to Full...

Stocks Rally On JPMorgan’s Revised Offer For Bear Stearns Financial stocks are given a further boost Monday after JPMorgan (JPM: 47.40 +1.43 +3.11%) announced it is increasing its bid for Bear Stearns (BSC: 11.8691 +5.909 +99.14%) to $10 a share, from the initial $2 per share offer, ... ...