British Pound Technical Outlook We are treating the drop from 2.0396 as a leading diagonal (wave 1 of C within the A-B-C decline from 2.1160). Go to Full Article

Yen Technical Outlook We still maintain that the larger trend is down. Go to Full Article

New Zealand Dollar Technical Outlook Our preferred count has been that a 1st wave down from .8215 is a leading diagonal and a wave 2 bounce ended at .8033. Go to Full Article

U.K. Housing And Retail Data Weigh on Pound, Will The BoE Cut Again? Talking Points - Japanese Yen: Japanese Holiday - New Zealand Dollar: Deficit Unexpectedly Widened - Swiss Franc: Consumption Fell On Lower Car Sales -... Go to Full Article

Forex News: Eurozone,Swiss and U.K. Consumer Spending Softening. See the article... Go to Full Article

Gambling mode I took full size trade without strong reason for big size or the trade, so I recognize gambling behavior. Truth is that I'm not much in trading today. Probably just wear down from yesterdays intensive trading. So better to quit early. ... Go to Full Article

Forex News Patterns I have to confess that I don't trade trade the forex markets during important economic announcements and news releases as I've never personally found it to be profitable. (...) Go to Full Article

Dollar Strength To Continue Against Major Currencies As we expected, a light US calendar saw technical levels be the guiding principle behind EURUSD price action last week. Our target of 1.60 was hit mid-week,... Go to Full Article

European Morning Update 29th April 2008 A waiting game... Releases from Australia: Prior Current Q1 NAB Business Confidence +6 - 4. Confidence that has been waning around the rest of the globe has overtaken Australia also now with NAB’s index falling to its lowest level in 7 ... Go to Full...

April 29 market commentary and technical levels Tue, 29th of April, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook The Euro had a minor recovery against Dollar yesterday. Seems like the pair need some fundamental factors to make a significant moves this week. ... Go to Full...

GFT Daily Market Commentary Forex Market Commentary for April 29, 2008 by Cornelius Luca. GFT Daily Market Commentary. Dollar struggled higher versus the euro, franc and yen, but slumped versus the pound. Crosses came to the forefront, with the euro crosses ... Go to Full Article

Forex Trading News: OPEC President Looks At USD Strength To Gauge ... Highlights from OPEC President in a Q & A session this morning:. Does not rule out $200 a barrel, market linked to USD rise or fall; 1% rise or fall in USD equals $4 change in oil per barrel; More oil output would not lower...

Forex Trading: EUR/JPY sliding lower in its channel... EUR/JPY sliding lower in its channel. After its initial bid in London, the pair was offer, being weighted down by a softer component which has since recovered... Go to Full Article

Forex Trading: EUR/USD nearing formation resistance after its ... EUR/USD nearing formation resistance after its recovery on a short term chart: Go to Full Article

Forex Trading: USD/CAD entering some resistance on a short term ... USD/CAD entering some resistance on a short term chart after having been rejected @ formation resistance. Techs are also indicating that it may slow further as stochastics are negatively converged. Go to Full Article