Feedback Form

Avatar bforex

12 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

JOBLESS NUMBERS ON THE HORIZON

posted by Avatar bforex 600 days ago in Fundamental made popular 599 days ago

USD

The USD went into the weekend with a weak stance after faltering again versus the EUR and GBP. The overhang that exists from the belief that the Federal Reserve may initiate another round of quantitative easing continues to roil the curren read more
6 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

GERMAN ZEW & U.S. RETAIL SALES

posted by Avatar bforex 620 days ago in Fundamental made popular 620 days ago

The USD lost ground to the EUR in early trading on Monday as the effects of the Basel III accord brought clarity into the markets – supposedly. The U.S. did not release much in the way of data yesterday leaving the broad markets without much dire read more
5 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

BUSY WEEK ON DECK

posted by Avatar bforex 621 days ago in Fundamental made popular 621 days ago

The USD finished off on a strong note going into the weekend as cautious trading stayed the ‘golden rule’ without much in the way of economic data to examine. Adding to the rather tentative nature of the broad markets was a shortened week due to read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

THE RETURN OF THE AMERICANS

posted by Avatar bforex 627 days ago in Fundamental

A flat day of trading pervaded the broad markets globally on Monday with the Americans absent because of the Labor Day holiday. There was little in the way of economic data released too, and this helped make for a cautious day of movement. read more
9 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

DAILY FUNDAMENTAL ANALYSIS: TEST OF RANGES TODAY

posted by Avatar bforex 628 days ago in Fundamental made popular 628 days ago

The week will start on a quiet note because of the Labor Day holiday in the States. Before going into the weekend mixed data surrounded investors once again and gave both bulls and bears more reasons to foster a debate. read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

DAILY FUNDAMENTAL ANALYSIS: MIXED DATA ABOUNDS

posted by Avatar bforex 632 days ago in Fundamental

The markets showed just how divergent they can be on Wednesday. Wall Street finished the day with large gains, supposedly based on the positive numbers coming from the ISM Manufacturing PMI. read more
23 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

DAILY FUNDAMENTAL ANALYSIS: ISM NUMBER COULD SURPRISE

posted by Avatar bforex 633 days ago in Fundamental made popular 633 days ago

The USD traded in range against the EUR on Tuesday and managed to gain a bit versus the GBP. Trading remained rather tentative as the U.S. produced a mixed bag of data for investors to study before the onslaught of jobless releases gets underway read more
24 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

ECONOMIC CONCERNS = CAUTION

posted by Avatar bforex 634 days ago in Fundamental made popular 634 days ago

The USD continued its strong pace against the EUR and GBP on Monday as it moved to the stronger parts of it recent range. Safe haven pressure was the story of the day as Wall Street struggled and all the major indexes suffered losses. read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

ON THE CUSP OF A RETRACE

posted by Avatar bforex 636 days ago in Technical

Friday came and went with all the force of a feather. The currencies and the broad markets traded in rather tight ranges most of the day putting into focus the amount of caution that prevails and the fact the summer is still in force. read more
4 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

HOUSING SECTOR WOES IN FOCUS

posted by Avatar bforex 642 days ago in USD, EUR, JPY

Continuing its strong run under a haze of nervous trading in equities the USD propelled to higher values against the EUR and GBP. The greenback is starting to approach its spring time values against both the currencies as risk adverse movement ha read more
8 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Moving Average Crosses - Dollar May Slide Further;

posted by Avatar bforex 660 days ago in USD, Technical, Daily made popular 660 days ago

The CAD had finally crossed below important Resistance at the 100 day moving average. In addition, the 50 day moving average just crossed back below the 200 day MA providing extra momentum for price appreciation. Yesterday's close finished exactl read more
8 votes Vote story as "Fresh"
0 votes Vote story as "Stale" 

Unemployment Claims Today

posted by Avatar bforex 660 days ago in USD, Fundamental, Daily made popular 660 days ago

By the end of Wednesday the USD began to recover some of its lost value against the EUR and GBP. The day will not be remembered as a volatile one, but the greenback did bounce back proving that a one way avenue did not exist. read more