FreshPips.com / User / littlemog / Voted

FOMC - no change to be expected?

posted by littlemog 1434 days ago in USD, EUR, Fundamental made popular 1434 days ago

At least that’s what many people are believing, and with U-J rangebound for now, the market is also quiet and not sure where to go next. So if the rates stay the same, despite Fed’s tough talks, where will U-J head in the months ahead?

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USD-JPY - Technical Review for 16th - 20th June

posted by littlemog 1441 days ago in USD, Technical, Weekly

Let’s look at the key numbers and points:

1. Will U-J retrace this week to these key DPLs? : 107.33, 106.82, 106.

2. For this trading week, my approximate for the pivot point is 106.98 with supports at 105.586, 103 and resistances at: 109.5

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View (video) on Dollar & Oil

posted by littlemog 1443 days ago in USD, Fundamental, Oil

I found this video quite interesting... view it if you have the time this weekend.

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US Dollar: 5 Reasons It Will Not Hit a New Low

posted by trade2win 1445 days ago in USD, Fundamental, Special made popular 1445 days ago

Despite the prospect of a rate hike from the European Central Bank, here are 5 reasons why I do not expect the US dollar to hit a new record low against the Euro:

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EUR-USD - Technical Review for 9th - 13th June

posted by littlemog 1449 days ago in EUR, Technical, Weekly made popular 1448 days ago

1. We’ll want to see E-U breach 1.60478 before targets of 1.654118 in the mid-term for June.

2. For this trading week, we can approximate the pivote point to 1.56186, with supports at: 1.54598, 1.51903 and resistances at: 1.58881, 1.60469

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USD-JPY Technical Review: 09-13 June

posted by littlemog 1449 days ago in USD, Technical, Weekly made popular 1448 days ago

US’s weaker non-farm payroll last Friday may not come in line to support the Fed’s concerns on bring the dollar higher. This week would be interesting to see where it may head. Here’s my take on it:

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Dollar firm as BOE and ECB hold rates steady

posted by pipsmgee 1452 days ago in USD, Fundamental, Daily made popular 1452 days ago

Currency markets posted little lasting reaction Thursday to widely expected decisions by the Bank of England and the European Central Bank to leave key interest rates unchanged.

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Changing Minds and Markets: Quality Control in Trading

posted by lovethefx 1452 days ago in Trading Psychology made popular 1452 days ago

Suppose a person has demonstrated trading skills: an ability to read markets based upon lengthy exposure to live markets and internalization of trading patterns. What would cause such a trader to go into a prolonged slump?

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Bernanke defends the dollar

posted by pipsmgee 1453 days ago in USD, Fundamental, Daily made popular 1453 days ago

Federal Reserve Chairman Ben Bernanke defended the dollar Tuesday, saying that he was uneasy with the weak currency's ramifications for the outlook for inflation.

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Suggested pivots for EUR-USD

posted by littlemog 1456 days ago in Technical made popular 1454 days ago

Key point: 1.56217 / 1.55269

Supports: 1.54483, 1.53447 / 1.54851, 1.54182

Resistances: 1.57253, 1.58987 / 1.55938, 1.56356

Special layers: 1.55265, 1.55413, 1.55651

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Dollar down vs euro, but on track for monthly gain

posted by maximumpips 1456 days ago in USD, Fundamental, Daily made popular 1456 days ago

The dollar fell against the euro on Friday as some investors sold the U.S. currency after a string of recent gains had pushed it to its first back-to-back monthly gains since January 2007.

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Merk Market Outlook: Purple Haze

posted by JonDough 1457 days ago in USD, Fundamental, Weekly made popular 1457 days ago

With the economy caught somewhere in the purple haze between recession and anemic growth, many market prognosticators have been making the case that the worst is behind us.

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