Forex Trading: USDJPY staying above retracement resistance at 100.64 The USDJPY is starting to put some room in between the current price and 38.2% retracement level of the move down from Feb 12th at the 100.64 area (see chart). A close above this area would pave the way for a move higher. ......

Forex Trading: Dollar finds a bid off the Bear Stearns news The initial reaction is a buy the dollar. USDJPY and USDCHF benefitting. EURUSD tests the 1.5407 intraday support area now. Existing Home sales to be released shortly. Go to Full Article

Take a step back to see the big picture. One issue I see with many new traders is that they use the shortest time frame charts to make their trading decisions. It is typical to see new traders use a 1-minute or 5-minute chart because they think that their risk is lower. ... Go to Full...

US Dollar Mixed as Risk Aversion Subsides Investors swarmed into higher yielding assets after the sell off in the commodities last week, and pushed the strengthening dollar further away from last... Go to Full Article

Weekly Trading Lesson: What is the Average Directional Index (ADX)? See the article... Go to Full Article

British Pound Likely a Prime Range Trade Target in Week Ahead Implied volatility is one of the most tried and true methods for objectively measuring expected volatility in the spot market. Derived from currency options... Go to Full Article

Why Might the USDJPY Rally be Short Lived? The US dollar - Japanese Yen currency pair (USDJPY) has rallied significantly to start the week?s currency trading, but it may continue to fall through... Go to Full Article

Yen Crosses: Bullish Price Action May Persist This Week As risk aversion has subsided, EURJPY has climbed from the 151.70/86 level following multiple tests. While daily oscillators still look bearish, they have... Go to Full Article

Will Bank of England Play Catch-Up? In a Financial Times article on Saturday, it was reported that policy makers were discussing whether to buy mortgage-backed securities (MBS) as a way to restore confidence to the system and ensure funding for new loans. ... Go to Full Article

Forex Forums - The Pros And Cons If you're a regular forex trader you've probably spent a lot of time visiting various forex forums. (...) Go to Full Article

Forex Trading: GBPJPY approaches resistance at 200.26 The GBPJPY has moved higher off the breaking of the 200 hour moving average. The pair is now approaching the target resistance at 200.26. Watch to see how this level reacts although a continued strong stock market should support the ... ...

Forex Trading: GBPJPY breaking through 200 hour moving average The level comes in at 199.34. Watch this level for support. If it can hold the target is 200.26. Go to Full Article

New Zealand Dollar Technical Outlook STRATEGY: Bearish, against .8173, target TBD Go to Full Article

Yen Technical Outlook STRATEGY: Bullish against 97.66, target 102 Go to Full Article

British Pound Technical Outlook STRATEGY: Bearish, against 2.0271, target 1.9540 Go to Full Article