Forex Trading: NZDUSD approaches resistance at 0.7634 to 0.7639 as ... NZDUSD is approaching the 100 hour moving average resistance at 0.7634 to 0.7639 area as a late afternoon short covering moves the pair higher (see earlier post by clicking here). Go to Full Article

Cowabunga System Daily Update: Thursday, 05/15/08 Well we had some good action today, but unfortunately I was only able to grab 7 pips. See how it all went down in today's Cowabunga Surf Report. Go to Full Article

Australian Dollar Crosses Topping Out See the article... Go to Full Article

Forex News: Cap. Util and Industrial Production weaker 79.7 Capacity Utilization. Lowest level since October 2005 -0.7 for Industrial Production. Two of the last three have been down 0.7%. The trend is down as domestic demand slows. Manufacturing was -0.8% for the month. ... Go to Full Article

Forex news: FOMC Bernanke on wire but not market related He is speaking about risk management in general. Go to Full Article

Forex Trading: EURUSD coming off from the highs but supported by ... The EURUSD has come off the highs from last night but remains supported at the 1.5470 area where the 100 hour moving average is looming. This level willl be watched as support intraday. Overnight, the EURUSD was boosted by much...

Forex News: Philadelphia Fed Index comes out better than expected ... May April 2008 2008 ====================== Philly index -15.6 -24.9 ---------------------------------- Prices Paid 53.8 51.6 Prices Received 31.6 30.9 New Orders -3.7 -18.8 Shipments 2.2 -8.0 Unfilled Orders -19.1 -16.8 ... Go...

Forex Trading: NZDUSD testing channel support The weaker Retail Sales report last night (-1.2% headline), is another indication of the slowing as a result of record high interest rates. The pair is now trading fairly comfortably below the 100 day moving average which comes in at ... Go to Full...

Forex Trading: GBPUSD testing upside resistance The GBPUSD has upside resistance that the market is testing today. The 1.9498 level is the 50% retracement level of the move lower from the May 12th high. The 1.9484 level has both the 100 hour moving average and the down trendline from ... Go to...

Forex Trading: EURUSD held support at 1.5460-1.5470 level The EURUSD held support at the 1.5460-1.5470 level (see previous post by clicking here), printing a low print at 1.5459. The pair has since moved up toward 1.5490 level and looks fairly well suported at the 1.5483 level today. Go to Full...

Forex Trading:USDJPY tests support The USDJPY also tested some support levels at the 104.39 ( 100 hour moving average). Below that the 104.24 level is the 200 hour moving average. Go to Full Article

Forex Trading: EURUSD moves sharply lower. Oil moves lower as well. The 1.5483 support and then the 1.5460 level gave way and the EURUSD moved sharply to the 1.5425 level. Meanwhile, (or perhaps in tandem) crude oil is being sold as reports in the market are saying that OPEC is cutting their...

Forex News Review: NAHB Housing Market Index falls to 19 from 20 18 is the all time low level reached in December 2007. This is a builder survey and until that time when New and Existing home sales supply declines (they are near 10 month supply for each), there is no incentive for builders to...

In the Financial Papers: Today’s Top Forex News 05.15.08 Here is the “In the Financial Papers Radio Broadcast” (Length: 5:43minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: New Zealand Dollar, ... Go to...

Dollar Steady During a Wave of Macroeconomical Releases USD recovered from its daily minimums against euro after the important fundamental reports were released today in US EUR/USD has been trading with 70 pip gain today, but currently it’s trading near its open rate. ... Go to Full Article