USD/JPY Daily Forecast: August 13, 2009
The USDJPY had a volatile movement yesterday but made no significant movement. The pair attempted to push lower, bottomed at 95.10 but before whipsawed to the upside, topped at 96.73 and closed at 96.11.
Daily Chart Art - August 13, 2009
Wild, wild, wild price action for the EURUSD, AUDUSD, and GBPUSD! Where could they be off to now? Find out on today's daily chart art!
Currencies A-Plenty
Yesterday did NOT turn out to be a Turn-Around Tuesday after all… The small rally I saw right before signing off on the Pfennig yesterday went “poof” and it was gone.
Sep '09 Japanese Yen ** Neutral Positive Extreme **
Technically the market is pressing the extreme and is flirting with a positive trend shift. On the Sell side REVERSAL strategies off the UP will work best. If the integrity of the previous session low remains intact, avoid FADE strategies, as exp
Forex Daily Analysis - August 12, 2009
Current level-1.4115EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.4037 and 1.3372.
Oil Price Chart 12th August 2009
Whilst most markets remained relatively quiet yesterday ahead of today’s FOMC interest rate decision and statement daily oil prices reacted to a number of bearish fundamentals which saw WTI prices fall $1.15 to $69.45 and the ICE September Brent
Daily Forex Commentary Aug 12
Despite a relatively upbeat NAB survey on business conditions the Aussie dollar retreated from its intraday highs at 0.8380 in Asia yesterday dropping to a low of 0.8320 with the market questioning the sustainability of the recent rally in equiti
Daily Forex Outlook - Financial stocks down, Yen Gains
U.S. Dollar Trading (USD) the dollar was mixed today ending little changed against the EURO and GBP but losing ground against the risk sensitive Yen.
Daily Forex Commentary Aug 12
Despite a relatively upbeat NAB survey on business conditions the Aussie dollar retreated from its intraday highs at 0.8380 in Asia yesterday dropping to a low of 0.8320 with the market questioning the sustainability of the recent rally in equiti
Forex Playbook: Pre-London Report And Daily Forex Signals
Ahead of London trading, the Japanese Yen has gained ground against its higher yielding counterparts, as China’s industrial output slowed alongside falling exports. The continued selloff of higher yielding currencies, which began early Friday, ap
Forex Daily Outlook - August 11th 2009
The calendar begins warming up, with a rate decision in Japan standing out. Let’s see what’s up for today:
Daily Chart Art - August 11, 2009
It looks like the Swissy is safely back in the its usual range, with major support at 1.0640 and major resistance at 1.0940. After lingering outside the range for a bit, the pair made climbed back in after forming that long green candle. It seems


