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Euro Euphoria Fades

posted by Avatar forexben 772 days ago in USD, Fundamental, Daily

Asia Pacific markets were stronger today after a stellar rally in US equities. The Nasdaq led the rally, advancing more than 1.5% to close at 2504.86. The Dow and S&P were also firmer, gaining .94% and 1.12% respectively. read more
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AUD/USD 94.0 Resistance Holds but No Bearish Signal

posted by Avatar forexben 775 days ago in USD, Technical, Daily made popular 775 days ago

Daily: The market started the week with gaps across the board. The AUD/USD surged above the close last week to test 0.9390, just below the 0.94 high of 2009.

4H: This 0.94 area was also near the 161.8% extended retracement of the run-down betw read more
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LovingForex Signals - Apr-12, 2010 - 2:00 PM GMT

posted by Avatar forexben 775 days ago in USD, EUR, GBP made popular 775 days ago

Free Signals EUR/USD Member Signals EUR/USD Updated at: Apr-12, 2010 - 2:00 PM (GMT) Buy around 1.3605 (+/- 5 pips). TP LV1 +30 pips LV2 +50 pips. Set SL -40 pips. read more
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LovingForex Signals - Apr-7, 2010 - 3:00 PM

posted by Avatar forexben 780 days ago in USD, EUR, JPY made popular 780 days ago

Free Signals EUR/USD Member Signals EUR/USD Updated at: Apr-7, 2010 - 3:00 PM (GMT) Sell around 1.3355 (+/- 5 pips). TP LV1 +30 pips LV2 +50 pips. Set SL -40 pips. read more
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ECB to Maintain its Dovish Tone

posted by Avatar forexben 780 days ago in USD, Fundamental, Daily made popular 780 days ago

It seems that the ECB has reverted to its strategy of implementing changes to its “policy” stance every three months, a strategy the ECB used at the start of the previous cycle in 2005/2006. However, in that episode changes it applied to its genu read more
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USDJPY: Corrective Weakness Still In Progress

posted by Avatar forexben 780 days ago in USD, Technical, Daily

USDJPY: The pair still looks vulnerable to the down side for further corrective weakness triggered from the 94.76 level, its 2010 high. However, above there will have to be traded to put its current downside vulnerability on hold and bring furthe read more
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BOJ Expected To Hold Monetary Policy Steady

posted by Avatar forexben 781 days ago in USD, Technical, Daily made popular 781 days ago

The BOJ will conclude a two-day policy meeting on Wednesday. At the February policy meeting the BOJ elected to expand its lending operation from ¥10trln to ¥20trln and to hold interest rates unchanged at 0.1%. read more
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AUD/USD: Pattern Breakout Offers Valuable Lessons

posted by Avatar forexben 781 days ago in USD, Technical, Daily

4H: The AUD/USD formed an ascending triangle yesterday, and looked ready to breakout yesterday as the rising support converges with the flat resistance. Anticipation was for the break above.

The market is now heading towards 94.00. This triang read more
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LovingForex Signals - Apr-6, 2010 - 2:00 AM GMT

posted by Avatar forexben 782 days ago in EUR, JPY, GBP made popular 782 days ago

Free Signals EUR/USD Member Signals EUR/USD
Updated at: Apr-6, 2010 - 2:00 AM (GMT)

Sell around 1.3435 (+/- 5 pips).
TP LV1 +30 pips LV2 +50 pips.
Set SL -40 pips. read more
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USD/JPY Consolidates Gains

posted by Avatar forexben 782 days ago in JPY, Technical, Daily made popular 782 days ago

The dollar was modestly higher against the European currencies on Monday but lower versus the yen and Canadian dollar. Trading was light as European and other important markets were closed for Easter Monday. Recent US economic figures signal sust read more
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Forex Exchange Morning Report

posted by Avatar forexben 782 days ago in USD, Technical, Daily made popular 782 days ago

Commodities, treasury yields, and US equities traded fi rmly after the US data surprises - service industries posted their highest survey reading since August 2005 and the +8.2% mom jump in pending home sales is the second highest since 2000. read more
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LovingForex Signals - Apr-5, 2010 - 9:00 AM GMT

posted by Avatar forexben 783 days ago in USD, EUR, GBP made popular 783 days ago

Free Signals EUR/USD Member Signals EUR/USD
Updated at: Apr-5, 2010 - 9:00 AM (GMT)

Sell around 1.3485 (+/- 5 pips).
TP LV1 +30 pips LV2 +50 pips.
Set SL -40 pips. read more