23 April Probability Studies EUR/USD - NO Trade Zone within a Bullish Probability. Due to the significance of the rising wedge seen on the EUR, we would wait for a possible failure (price MUST move above 1.6020) of the pattern before we would continue trading this ... Go to Full Article

Using Multiple Lot Positions To Improve Trading FX Though there are unlimited variations to trading styles and strategies, there is one broad commonality that most retail currency traders, be they novices... Go to Full Article

European Morning Update 23rd April 2008 Dollar stable before the European PMI numbers. Releases from Australia:. Forecast Actual Q1 CPI (QoQ) +1.1% +1.3% Q1 CPI (YoY) +4.0% +4.2% Q1 RBA Trimmed Mean (QoQ) +0.9% +1.2% Q1 RBA Trimmed Mean (YoY) +3.8% +4.1% ... Go to Full Article

Pro Commentary Lite ... 23rd April 2008 ... USDCAD Daily Bullish: Well we saw the gains I had expected but the break of 1.0143 didn’t lest for long... Given the complete lack of direction we need to wait for larger breaks to generate a more sustainable follow-through. ... Go to Full...

Sponsors Have Edge in Clear Channel Fight "This proposal is yet another disingenuous attempt by the banks to avoid living up to their commitments. The banks want to move this case into the back room because they fear that a public trial will clearly expose their misconduct," ... Go to...

April 23 market commentary and technical levels Wed, 23th of April, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook The Euro made another all time high against Dollar yesterday, topped at 1.6019. The chase for 1.6250 area is now begins. My model is long, ... Go to Full...

GFT Daily Market Commentary Forex Market Commentary for April 23, 2008 by Cornelius Luca. GFT Daily Market Commentary. The dollar made a sharp decline versus all the majors on Tuesday, as attempts of a mild recovery failed early. With the price of oil entering a ... Go to Full Article

Asian Morning Update 23rd April 2008 There is no such thing as impossible… European releases overnight:. March Prior Revised March Italian Trade Bal Non-EU EUR -1.31bn -1.33bn. Overnight saw the usual barrage of comments from ECB officials on inflation. ... Go to Full Article

AUDNZD Consolidation Offers Opening to Range Trade Although the week carries typically significant event risks with Australian Consumer Price Index and an interest rate decision from the Reserve Bank of... Go to Full Article

GBP/USD Could Tumble to 1.9860 If BOE Meeting Minutes Reflect Dovish Bias APR 23 Bank of England Meeting Minutes (8:30 GMT; 4:30 EST) Expected: 8-1 In Favor of -25bps, Dissent -50bps Previous: 7-2 In Favor of No Cut Go to Full Article

Japanese Yen Holds Onto Gains Against the Dollar The Japanese Yen continued its lead against the US Dollar, as investors ushered in positive economic release from the world?s second largest economy. Go to Full Article

British Pound Sells Off Following Bank of England Announcement Fresh from yesterday?s trading loss, on the back of rising criticism about BoE?s GBP50 billion swap, the British Pound regained posture against the US... Go to Full Article

Bank of Canada Cuts Interest Rates by 50bp, Signals More to Come For the second time in a row, the Bank of Canada cut interest rates by 50bp. Go to Full Article

US Dollar Falls to a Record Low, Driving Oil Prices Toward $120 - Euro Retreats After Hitting a Record High of 1.6019 - Bank of Canada Cuts Interest Rates by 50bp, Signals More to Come Go to Full Article

Forex Video - EUR/USD Hits Fresh Record High, Bank of Canada Slashes Rates By 50bps See the article... Go to Full Article