GBPUSD: Above 1.4257/26 Keeps Risk To The Upside.
GBPUSD: After a marginal weekly close following a loss of upside momentum at 1.4768, the pair has started the week on a bullish note reversing strongly higher off the 1.4386 level today
Asian Market Update – 6/7/10
- Asian equity markets are deep in the red as perceptions of a US-recovery backstop counterbalancing the slowdown in China and fiscal crisis in Europe were undone by the disappointing Friday jobs report. Nikkei225 is leading the collapse with a 3
EU Morning Report – Non Farm payrolls disappoint the markets
Markets on Friday had another down day due to the very disappointing Non Farm Payrolls report. The number was expected to show that the US created 523K jobs for the month of may, however the report only indicated that the US created just over 400
Forex Trading Journal: Recap and New Trade
ello traders, this trading journal is harder than I thought because I am having trouble keeping up with the trades :) That is why it is critical that you follow me on Twitter because of the fast pace of the market I can’t always update on time. A
USD/CHF - Buy at 1.1560
USD/CHF - 1.1630Original strategy :
Buy at 1.1570, Target: 1.1670, Stop: 1.1520
Elliott Wave: Eur/Usd
The wave count shown on the 4h Euro chart suggests that a weakness is not done yet. In fact, a decline from 1.2330 seems to be a new impulse wave in progress considering to a powerful and sharp move down that was seen recently.
GBP/USD Outlook – June 7-11
A very busy week awaits the British Pound, with the rate decision being the highlight. Will Mervyn King tackle inflation? Here’s an outlook for the events that will rock the Pound, and an updated technical analysis for GBP/USD.
Daily Forex Update: EUR/USD
The EUR/USD near-term trend reversal triggered by the trend line break at 1.1970 is finding selling pressure at 1.1980. The upward reversal is likely to be a shorting opportunity for bears that will sell into resistance at 1.2002. This short-term
Forex Signals - Jun-7, 2010 - 9:30 AM GMT
Free Signals EUR/USD Member Signals EUR/USDUpdated at: Jun-7, 2010 - 9:30 AM (GMT)
Buy around 1.1940 (+/- 5 pips).
TP LV1 +30 pips LV2 +50 pips.
Set SL -40 pips.
Joining the Short Euro Bandwagon
OMG! What happened to the euro last Friday?! I went off to work in the morning, so I could only check my charts later at night and skadoodle. Then what do I see? The EURUSD just hit 1.1900! I NEED to get into this trade!
Canadian Dollar (CAD) Technical Major Currencies (2010-06-07
The pair managed to build a base on 50% Fibonacci correction, supported by ascending support shown in red above, in addition to MA 100's support.
Daily technical outlook 6-7-10
EURUSD - Support at 1.2150 could not hold and was breached last Friday – the euro extending losses to as low as 1.1875 after today’s open.


