Forex Trading: NZDUSD once again holds that line... NZDUSD printed 0.7849 and bounced on the dollar profit taking. The pair has now tested the 100 day moving average for last 5 days without closing below the level. A cat has nine lives. Perhaps NZDUSD does as well? Go to Full Article

Forex Trading: GBPJPY testing 207.10 area now The GBPJPY is testing the 207.10 support area now. This level should provide support. Go to Full Article

Forex Trading: GBPJPY in a consolidation range again. The GBPJPY had an impressive trend move today - moving during London and NY time frame from 203.60 to the high of 208.99. The stock earnings over the last few days which propelled stocks higher, some feelings about a UK mortgage rescue ... ...

Forex Trading: GBP getting a boost The GBP pairs are getting a boost now. EURGBP at the lows for the day. GBPUSD moving to the 1.9950 area after finding support at 1.9900 area. GBPCHF is higher as well. Some reasons:. A plan is rumored to be announced next week to help ... Go to Full...

Forex Trading: NZDUSD has 100 day moving average at 0.7850 Low today was 0.7862. The pair will need to close below this level on a daily basis (at 5:00 PM NYT) to attract more sellers. A technical confirmation will be a move below the 0.7800 level. Growth in New Zealand has been slowing of...

GFT Daily Market Commentary Forex Market Commentary for April 21, 2008 by Cornelius Luca. GFT Daily Market Commentary. Once again, the dollar closed higher on Friday against all majors, save the pound, amid budding hopes that the worst is over in the US financial ... Go to Full Article

Dollar Rallies from Oversold - Finally! Relief Rally - or Short Squeeze? As many traders were anticipating the Euro to test the 1.60 mark, the US Dollar had other plans. Reasons for the Dollar rally run rampant as analysts needing a story speculated that Citigroup's $5.1 ... Go to Full...

Forex News: Fed's Plosser on the wires UNCERTAINTY ABOUT FORECASTS UNUSUALLY LARGE; MONETARY POLICY ALONE CANNOT SOLVE ALL PROBLEMS; REASON TO BE WORRIED ABOUT INFLATION; THE FED/MARKET MUST SEPARATE RATE POLICY FROM FINANCIAL STABILITY; MUST BE CAREFUL SOLUTIONS DON'T ... Go to Full...

Forex Trading: Sterling break out move on a 4 hr... Sterling looks like it has broken out of its downtrend on a 4 hr. There seems to be a completed 5 wave pattern with a resultant break higher. Stochastics though are looking a little weak and we could see a little profit taking at or ... ...

Forex Trading: USD/CHF reached formation resistance today... USD/CHF reached the formation resistance which London desk was eyeing yesterday. If USD can't find some positive fundamentals, we may see some USD weakness considering the fail today and stochastics shown. Go to Full Article

Forex Trading - Eur looking at divergence - on momentum signal The chart below please notice how point 1 on the price chart and rsi indicator both set new highs Then at point 2 price sets a new high yet the indicator does not. This is called divergence and signals an end to the trend. ... ...

Forex Trading: Euro consolidating before London open... EUR/USD consolidating before London opens... Go to Full Article

Trendline-breakout trading Hello folks, Today I would like to talk about a type of trading I don’t usually conduct: trend-breakout trading. In a nutshell, this strategy attempts to profit from the initial breakout swing taking place just as a trend comes to an ... Go to Full Article

Daily Market Commentary - GCI Financial EURO. The euro fell sharply vis-Ã*-vis the US dollar today as the single currency tested bids around the US$ 1.5710 level and was capped around the $1.5955 level. Traders continued to book profits ahead of the weekend following the ... Go to Full...

Forex Video - US Dollar Surges as Traders Return to Risk, What Releases Should You Watch Next Week? See the article... Go to Full Article