Varengoldbank FX - Daily FX Report This morning’s Daily FX Report by the VarengoldbankFX trading desk team including a review of the Forex and currency markets, technical analysis, key pivot points and the daily economic calendar. Click for the full report. Go to Full Article

Dukascopy Daily Forex Overview On Wednesday, the dollar saw a corrective decline against the euro after reaching a six-month high a day earlier, but fresh data due Thursday on U.S. economic growth may put the dollar back on top again. Go to Full Article

Forex & Economic Commentary by Lloyds TSB The UK CBI distributive trades survey for August is due this morning. It has been painting a very negative picture for retail sales recently (see chart below). We forecast an improvement in the index to -30 from -36 in July, the lowest since records...

Forex Trading: EURUSD and USDJPY approach intraday resistance ... The 100 and 200 hour moving averages are approaching at the 1.4741 to 1.4749 level. Expect resistance at the level. Also as we head into the close the USDJPY is approaching support at the target intraday supoort at 109.43-45....

Forex Trading: GBPJPY Looking to Break Through 61.8% Fibonacci ... read more. Go to Full Article

Forex Trading: USDJPY can't extend the gains The USDJPY tried and tried to get closer to the key 109.93 level (see previous post outlining the 50% retracement level) but could only extend as high as 109.88. As a result, the pair is moving back down to the 200 hour moving average ... Go...

Forex Trading: GBPUSD can't break support, so it goes higher The 1.8303 level in the GBPUSD held on the downside (see previous posts) and as time went by, the shorts ran out of steam and forced the pair higher. The 1.8300 to 1.8303 level now provides the real good support on the downside, ... ...

Forex Trading: GBPUSD stops hit, then rebounds The GBPUSD broke through the key support at the 1.8303 level and triggered the stops to 1.8284. Within 10 minutes the pair recovered back above the level. It seems clear, the market is simply messing with people. ... Go to Full Article

Forex Trading - USD/CAD Technicals with the Hurricane Gustav ... The current rise in oil prices, fueled most recently by the developing category 4 hurricane Gustav headed for the Louisiana coast and the Gulf of Mexico has helped lead USD/CAD lower. Looking at this move on a retracement...

Forex Trading: GBPUSD approaches longer term KEY support The GBPUSD is approached key longer term support at the 1.8301 level This corresponds with the 38.2% retracement level of the move up from the June 2001 low at 1.3681 and the November 2007 high of 2.1160. Expect support at this level ......

Slow reactions I wasn't in the mood for trading in the morning. Later I was looking for some news scalp. I was kind of slow and late in my entries. Exits were good. Last trade I had to go just when it was at around b/e so I exit it. ... Go to Full Article

News trading today Bad news for eur, but spread didn't came down for a long time. I got stopped on first short but I tried my luck again and got very nice move. It could be more but as usual I got on first sign of slowing after nice move and gain. ... Go to Full Article

Feeling protected Euro had problem to brake 800 and usd/jpy made higher low, so I thought that best chance for reversal would be in usd/jpy if it happens. Also if it is false break down on higher t/f it would come back up nicely. ... Go to Full Article

Mortal enemy Finally I did some trading today. I opened a platform to watch a little, things started to move and I instinctively started to push buttons. I didn't feel bad emotions but all my attention was on how will I react to stops and will old ... Go to Full Article

Cowabunga System Daily Update- Wednesday, 08/27/08 Two days without jumping in the market. Was today any different? See how it all went down in today's Cowabunga Surf Report. (Video Included!) Go to Full Article