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Pick of the Day: USD/JPY

posted by Avatar JayP 1031 days ago in USD, JPY, Technical made popular 1031 days ago

Good afternoon! It looks like USD/JPY is bucking the trending higher, and on the recent retracement, is presenting a nice opportunity to go short. Check it out!  read more
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Pick of the Day: USD/JPY

posted by Avatar JayP 1089 days ago in USD, JPY, Technical

Good evening! Back to another week of trading and it looks like we've got a potential reversal in USD/JPY on the four hour chart. Check it!  read more
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Cross-Eyeing: EUR/CHF

posted by Avatar JayP 1096 days ago in EUR, CHF, Technical made popular 1096 days ago

Good evening! Got a couple of bearish technical signals on the EUR/CHF, so I think it's time to jump back in short. Check it out!  read more
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Canada’s Dollar Drops for Third Day as Crude Falls Below $40

posted by Avatar JayP 1123 days ago in USD, CAD, Sentiment

Canada’s currency weakened for a third day against its U.S. counterpart as commodities including natural gas declined and crude oil traded below $40 a barrel.  read more
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Dollar Gains on Demand for Safe Haven

posted by Avatar JayP 1123 days ago in USD, Fundamental, Sentiment

The dollar advanced beyond $1.32 per euro for the first time in a month as deepening global recession boosted the currency’s haven appeal and a government report showed the U.S. trade deficit narrowed the most in 12 years.  read more
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Short AUD/USD

posted by Avatar JayP 1124 days ago in USD, AUD, Technical made popular 1116 days ago

Hello Forex Friends! I'm back and ready to trade, and it looks like we have a simple short signal forming on AUD/USD. Let's take a look.  read more
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Top 10 Currency Trading Tips From Deutsche Bank

posted by Avatar JayP 1127 days ago in Technical, Fundamental, Trading Psychology made popular 1127 days ago

Top 10 Currency Trading Tips From Deutsche Bank  read more
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Cross-Eyeing: EUR/CHF

posted by Avatar JayP 1145 days ago in EUR, CHF, Technical made popular 1143 days ago

Good afternoon! In my last post, I mentioned that EUR/CHF is breaking a rising trendline on the daily charts. It looks like that break is holding, so I'd like to throw on some shorts for a nice and easy technical trade.  read more
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USD/CAD - Trade Closed

posted by Avatar sassygirl 1153 days ago in USD, CAD, Trade

Good morning! Looks like a great start to my week as my short position in USD/CAD reached full profitability this morning after a few tests of 1.2500 last week.  read more
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Jobless Claims Jump As Job Market Continues To Show Weakness

posted by Avatar JayP 1156 days ago in USD, Fundamental, Employment made popular 1156 days ago

The number of people filing first-time claims for unemployment benefits jumped more than expected last week and the total number of people on the unemployment roles climbed to its highest level since the early 1980s.  read more
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Gold Rises to Eight-Week High as Dollar Slides; Silver Gains

posted by Avatar JayP 1156 days ago in USD, Fundamental, Gold made popular 1156 days ago

Gold prices rose to the highest in almost eight weeks as a sliding dollar boosted the appeal of the precious metal as an alternative asset. Silver also gained.  read more
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Russians Buy Jewelry, Hoard Dollars as Ruble Plunges

posted by Avatar JayP 1156 days ago in Fundamental, Sentiment, Oil made popular 1156 days ago

Moscow resident Tima Kulikov banked on the full faith and credit of the U.S. government, not the Kremlin, when he sold his biggest asset for cash.  read more