Forex Trading: EURUSD moving below the 200 hour MA The EURUSD has moved through the 200 hour MA and reached a low of 1.5831. However, the hour is closing in 10 minutes and the pair has moved back up toward the average of 1.5843. Will be watching the level as 10:00 approaches. ... Go to...

Forex Trading:USDJPY approaches 200 day MA at 107.17 The 200 day moving average of the USDJPY comes in at 107.17. The market will be watching this level. Technically, the market needs to close above the level to trigger the signal. The pair has breached the 200 day MA 9 times since June ... ...

Forex Trading: NZDUSD approaches support at 1.5603 The NZDUSD is approaching the midpoint of the move higher from the lows on June13th. The level comes in at 0.7603. Go to Full Article

Forex Trading: EURUSD testing support at 200 hour MA The EURUSD is testing the 200 hour MA at the 1.5843 level. WATCHING THIS LEVEL. A break should attract some sellers. Go to Full Article

Forex Tradng: GBPUSD being contained by the 100 and 200 hour MA BOE Blanchflower surprised the market last night with his bearish comments on the UK economy. Later the Rightmove House Price index came out and showed that home prices from a year ago are now down 2% - the first drop since the...

Top Currency Trading Ideas for the Week of July 21, 2008 We are concerned about the bullish bias due to a WSJ headlines this morning; "Dollar Likely to Extend Downward Euro Spiral". Reporters are almost always... Go to Full Article

Forex News Preview: US Leading Indicators due at 10:00 AM EDT The US Leading Indicators is the only economic release in the NY hours. Last month the index which is supposed to predict future economic activity by looking at a number of forward looking statistics, rose by 0.1%. ... Go to...

Bobby's Corner Market Open 7.21.2008 Good Morning:. The dollar traded within familiar territory over the weekend. The GBP was weaker-as new reports indicates the UK housing market continues. read more. Go to Full Article

U.K. House Prices Fall Further, Blanchflower Calls For Action From BoE See the article... Go to Full Article

Forex Trading - USD/CAD Trading against 200-day Moving Average The USD/CAD pair is trading in an upward channel ahead of resistance at the 1.0111 level. Since the pair broke below the 102 handle 2 weeks ago, the 200 day moving average has provided a strong resistance barrier down to the 1...

EUR/USD recurrent pattern Hello folks, Today I have a little bit of free time so I wanted to share a chart with you. Have you noticed that EUR/USD has been moving within a recurrent pattern throughout the last two years? It seems like EUR/USD moves in 1000-pip ... Go to Full Article

Forex Trading - USD/CHF Geopolitical Circumstances in Play With the US Dollar fighting back against the Swiss Franc in the upward channel displayed below, one notices the 50 day moving average crossing the 200 day moving average almost 3 days after the move to upside began. ... Go to...

Forex Trading - AUD/USD Flight to Commodity Based Economies (See ... The Aussie and US Dollar currency pair has been in a bullish upward channel since the beginning of 2008. A microcosm of that trend has continued into the summer months, with the channel displayed below seemingly headed to...

Forex Trading News: GBP Taking a Hit Across the Board As the USD just came off some gains across the board, the GBP continues to get dragged down vs. its counters. These GBP losses are coming behind the Forex open where the Bank of England's Blanchflower gave a grim outlook on the currency ......

21 July Probability Studies - Focus on Earnings today ue to the lack of significant fundamentals today, we will have to watch earnings today from Bank of America amidst renewed interest in carry trades due to the better than expected results in the banking sector. ... Go to Full Article