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EUR/JPY

posted by Avatar MarcB 1153 days ago in EUR, JPY, Technical made popular 1153 days ago

Good Evening! I may have been a bit early on my short idea last time, but I think today's retracement higher in EUR/JPY is giving me another opportunity to short again. Ch-ch-ch-check it!  read more
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Cross-Eyeing: EUR/JPY

posted by Avatar MarcB 1166 days ago in EUR, JPY, Technical made popular 1166 days ago

Good evening ladies and gents! I took a break for a hot minute to cool down, but now I'm back and it looks like EUR/JPY is giving us a ridiculously simple resistance play on the daily chart. Let's check it!  read more
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Pick of the Day: GBP/USD

posted by Avatar MarcB 1201 days ago in USD, GBP, Technical made popular 1201 days ago

Good afternoon! Big moves in the markets today as traders go into "risk aversion" mode. US Treasury Secretary Geithner announced details of the plan to hopefully stimulate lending by banks, but market players weren't too impressed and showed thei  read more
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Short EUR/CAD

posted by Avatar MarcB 1208 days ago in EUR, CAD, Technical made popular 1206 days ago

Good Evening! I don't usually post up ideas on EUR/CAD, but tonight's chart is one I couldn't pass up! Will the technical setup play out and the pair swing back lower? Let's check it out!  read more
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Short AUD/USD

posted by Avatar MarcB 1208 days ago in USD, AUD, Technical made popular 1208 days ago

Greetings! It looks like another volatile week ahead of us in currencies, and with the boost higher to the Aussie after the RBA rate cut earlier today there may be another opportunity to play the longer term downtrend.  read more
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The Dow Points Lower - Look for USD/JPY Breakdown

posted by Avatar MarcB 1208 days ago in USD, JPY, Technical made popular 1208 days ago

The Dow and USD/JPY are correlated charts. As the Dow weakens the USD/JPY moves lower. It's a sympathetic relationship. So this morning as I see the falling wedge pattern on the Dow, I expect lower lows, especially after yesterday's break of 8,00  read more
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Euro Declines Against Dollar as Trichet Signals More Rate Cu

posted by Avatar MarcB 1227 days ago in USD, EUR, Fundamental made popular 1227 days ago

The euro declined against the dollar after European Central Bank President Jean-Claude Trichet signaled policy makers aren’t finished cutting interest rates to counter the economic slump.  read more
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Pick of the Day: USD/JPY

posted by Avatar MarcB 1235 days ago in USD, JPY, Technical made popular 1235 days ago

Greetings and Happy New Year! I'm back and it looks like currencies are back to their volatile ways. For my first trade of the year, I'm going short USD/JPY. Let's take a look at the fundamental and technical reasons why I think this pair may con  read more
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Pick of the Day: EUR/USD

posted by Avatar MarcB 1257 days ago in USD, EUR, Technical made popular 1257 days ago

I took a hit last time I tried to short EUR/USD, so why not try it again? After the beating the US Dollar has taken on the anticipation to today's FOMC rate cut, I think it's time for me to buy back some Greenback.  read more
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Canada’s Dollar Climbs as Crude Oil Rises

posted by Avatar MarcB 1263 days ago in USD, CAD, Oil

Canada’s currency strengthened against its U.S. counterpart as commodities such as crude oil gained and U.S. stock-index futures advanced.  read more
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Yen Falls on Bets Government Rescues Will Boost Carry Trade

posted by Avatar MarcB 1263 days ago in USD, EUR, JPY

The yen fell versus the euro and the dollar as stocks gained and speculation rose that government efforts to cushion against the global economic slump will prompt investors to buy higher-yielding assets.  read more
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Short EUR/CHF

posted by Avatar MarcB 1265 days ago in EUR, CHF, Technical made popular 1265 days ago

Greetings! EUR/CHF is giving me another potential trade opportunity on the daily chart as the pair hits the 61% Fibonacci retracement level once again. Are sellers ready to jump back in once again?  read more