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Long GBP/JPY

posted by Avatar camac 726 days ago in JPY, GBP made popular 726 days ago

On Thursday, we went long the GBP/JPY at 130.65 as the pair looked likely to test, and then break above the 10-day SMA, with daily studies last week indicating that the pair was oversold. Currently, it has indeed broken above this simple moving a  read more
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3 Easiest Ways to Become a Successful Forex Swing Trader

posted by Avatar erzon 726 days ago in Special, Trading Psychology made popular 726 days ago

What is forex swing trading? In a simple definition, this is just a way in which a forex market moves in a swing or,say, zigzag manner over a period of time. It is placing a trade in a major support and resistance area accurately, especially in a  read more
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Canada’s Economy Bolsters Canadian Currency

posted by Avatar commodityblog 726 days ago in USD, EUR, CAD made popular 726 days ago

The Canadian dollar rose against its U.S. counterpart, paring previous losses, and extended its rally versus the euro today on the signs of the record economical growth and on rising oil prices, which caused the speculations that the central bank  read more
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Canadian Dollar Makes Modest Gains

posted by Avatar vhinz316 726 days ago in CAD, Oil made popular 726 days ago

The Canadian dollar continued to make modest gains verses the US dollar midday Monday. The Canadian currency's strength was tied to a strong Canadian equity market, rising crude oil prices, and an expected increase in interest rates from the Bank  read more
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I love this Trend...

posted by Avatar pairforex 726 days ago in USD, GBP, AUD made popular 726 days ago

As a trader, over the years many traders told me , the trend is your friend, well... it not so clear, you can use it in case you know the S&R ,i like i  read more
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Stochastic Oscillator Stack

posted by Avatar MTindicator 726 days ago in Technical made popular 726 days ago

Multi Stochastic Oscillator Stack MT4 Indicator will allow you a lot more info about market then classic one.  read more
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Month-End Flows Help JPY Crosses Bounce

posted by Avatar jirachi 727 days ago in JPY made popular 727 days ago

The very early part of the session, when only the interbank market was open, was notable only for a stop-loss hunt in the cable which took prices down to a low of 1.4360 although the low since 7am in Sydney has been 70 pips above there.  read more
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Oil edges up as dollar weakens

posted by Avatar shadowf 727 days ago in USD, EUR, Oil made popular 727 days ago

Oil prices edged higher in Asian trade on Monday as the dollar weakened against the euro, spurring investor demand for crude futures, analysts said.  read more
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NZD up in restrained trade

posted by Avatar morgan 727 days ago in NZD made popular 727 days ago

The New Zealand dollar rose today on month-end position squaring and also because the euro and Australian dollars were firm.  read more
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House prices up 2 percent in May

posted by Avatar sophia 727 days ago in GBP made popular 727 days ago

House prices in England and Wales are 2.0 percent up on a year ago, the biggest annual rise since January 2008, though non-seasonally adjusted monthly data point to a slowdown, property data company Hometrack said Monday.  read more
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EURUSD To Find Support At The 1.2142/76 Levels.

posted by Avatar FXTechstrategy 727 days ago in USD, EUR, Technical made popular 727 days ago

EURUSD: While EUR is vulnerable to the downside after its failure to build on its previous week gains at the end of the week, we look for the 1.2142/53 zone to provide a strong support and turn the pair higher again if tested.  read more
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Daily Economic Roundup - May 31, 2010

posted by Avatar Buruguduy 727 days ago in USD, Fundamental, Daily made popular 727 days ago

Holy Smokes Pip Diddy, that is a large number of economic reports on this week's calendar! It looks like the majors will be in for a wild ride this week!  read more