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Live Trading Room Daily Recap - June 23, 2008
Herewith is my daily recap for June 20, 2008, in which I discuss what happened on the market today, in our Live Forex Trading Room. http://www.youtube.com/watch?v=sSN5rO1MIGo. To learn more about the Live Trading Room, please click here ...
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Dow Clings to Gains, Quiet Trading in Yen Crosses
The US dollar managed to gain strength against the Japanese Yen, as the pair tested the 108 level, in the intraday trading session.
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British Pound Sells Off on Dovish Comments
After last week?s stellar performance, the British pound lost ground against the US dollar today, partially due to weak housing data, as the monthly Right...
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ECB: One Hit Wonder?
It is becoming increasingly apparent that the European Central Bank may only be a hit a wonder this summer. Although ECB President Trichet warned that...
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Oil Refuses to Retrace, Boosting the Canadian Dollar
The Oil Summit in Jeddah this weekend has resulted in a whole lot of nothing.
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Forex in 60 Seconds - Euro And Pound Mark Significant Retracements As Fundamentals Dim
See the article...
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US Dollar: Will Consumer Confidence Fall Further To Hit Nearly 16-Year Low?
On Tuesday, the release of US economic data will likely highlight some of the reasons why traders are ramping up speculation that the country is in midst...
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Currency Traders Tread Carefully on Fears that the Fed Will Be Non-Committal
- ECB: One Hit Wonder? - British Pound Sells Off on Dovish Comments
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Weekly Trading Lesson: Using Trendlines for Entries
In the FX Power Courses we identify buying opportunities as a pullback down to support when the market is in an uptrend. We also identify a rally up to...
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Reversal in the Euro?
The EURUSD is in danger of tracing out an outside reversal day which is generally a bearish omen suggesting a turn of trend.
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Uncertainty Surrounding Fed Rate Decision Leaves Dollar Motionless
Although it is a pretty safe bet that the FOMC will leave the federal funds rate unchanged at 2%, there is considerable uncertainty about what signals...
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Range-Based Currency Trading Signals Offer Attractive Setups in Week Ahead
Market volatility edged lower through the past week of trade, suggesting that we may continue to see Rangebound market conditions through the near term....
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British Pound Technical Outlook
See the article...
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Yen Technical Outlook
See the article...
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Euro Technical Outlook
See the article...
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