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Forex Week: Opportunities In USD/CAD
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 - Apr 20, 2014

The upcoming week for me has several possibilities, but in my opinion the USD/CAD pair is one of the more interesting opportunities. The pair formed a hammer two weeks ago, and then broke above on ...

 
Economic Data Holding Back Euro As ECB Pleads For Weaker FX Rates
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 - Apr 20, 2014

Fundamental Forecast for the Euro: Bearish - The ECB continues to try and talk down the Euro, but there has been little if any success thus far. - With the retail trading crowd still heavily long the...

 
Currency Outlook: Ranges Persist But Sterling Is Exceptional
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 - Apr 20, 2014

The US dollar rose against all the major currencies last week, except the British pound, which was lifted by a strong employment report and a tick up in wage growth. The greenback's gains are ...

 
Target Trading In The Forex - Week Of April 20, 2014
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 - Apr 19, 2014

EUR/USDWhat ProAct Forex Target Traders See: We are currently sitting @ 1.3813. We were unable to even get the gap closed so we are looking for a continued move DOWN to the 1.3723 area and a breakout ...

 
Weekly Forex Market Followup: April 14th - April 18th
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 - Apr 18, 2014

Key Fundamental Forex Events for the Week of April 14th through April 18th The following table lists the key economic data and other events that came out during the week of April 14th through April ...

 
Forex Technical Analysis: April 18, 2014
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 - Apr 18, 2014

EUR/USD, “Euro vs US Dollar”Euro is still forming the third structure of another descending wave. We think, today price may form consolidation channel and then continue falling down ...

 
AUD/USD: Flat As Markets Off For Good Friday
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 - Apr 18, 2014

AUD/USD is unchanged in thin holiday trading, as the pair trades in the mid-0.93 range on Friday's European session. The Australian markets are closed, and there are no Australian or US releases. In ...

 
USD/JPY: Unchanged In Holiday Trading
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 - Apr 18, 2014

The Japanese yen is not showing movement on Friday, as USD/JPY continues to trade in the mid-102 range. In economic news, Japanese Tertiary Industry Activity slipped in March, posting its sharpest ...

 
EUR/USD: Little Movement As US Posts Strong Data
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 - Apr 18, 2014

EUR/USD is trading quietly on Friday, as the pair remains in the mid-1.38 range in the European session. On Thursday, US Unemployment Claims and the Philly Fed Manufacturing Index looked sharp, as ...

 
GBP/USD At New Highs On Yellen Comments
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 - Apr 18, 2014

The US dollar was trading lower across the board in the morning as Federal Reserve Chair Yellen said yesterday that low interest rates are needed to support the economy even though such a policy stand...

 
Daily Forex Update: EUR/JPY
By 
 - Apr 18, 2014

Autochartist recently identified the Pennant chart pattern on the daily EUR/JPY charts – as you can see from the following trade opportunity alert for this currency pair. EUR/JPY is expected to ...

 
Is It Ever Okay To Break Your Trading Rules
By 
 - Apr 18, 2014

In today's video I don't put on any new orders -- I'm already at full risk capacity -- but I do review my existing orders, and share why I recently slightly broke a rule of mine (I moved a position to...

 
Yield Spikes Will Benefit The USD
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 - Apr 17, 2014

Spike in US Yields will be Good for Dollar CAD: Avoids Deeper Slide Thanks to Stronger CPI AUD: China Says No to More Stimulus NZD: Extends Losses Despite Rise in Consumer Confidence EUR Becoming a ...

 
Global FX: Weekly Wrap
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 - Apr 17, 2014

EUR/USDAfter an initially opening lower in the first session of the week, on the back of disparaging comments from the ECB over the strength of the EUR, the pair made some early upside headway. ...

 
Euro's Downward Fall
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 - Apr 17, 2014

EUR/USD Euro continues falling down towards level of 1.3750. Alternative scenario implies that pair may move upwards to reach level of 1.3867 and then continue falling down towards next target of this...

 
Data Shows Taper Not Hurting Economy
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 - Apr 17, 2014

Regardless of whether you believe that the Federal Reserve is tapering prematurely, today's jobless claims report confirms that their process of unwinding Quantitative Easing is not hurting the ...

 
USD/CHF: Intertia Trend
By 
 - Apr 17, 2014

Today at 14:30 (CET, server time) we will see Unemployment Claims in the U.S. for last week. The data are collected by the Department of Labor and published in the weekly report. The Indicator allows ...