forex news

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    US Dollar Trend Today: 6th Feb

    The U.S. dollar fell slightly against the euro at auction on Wednesday , February 5 , as conflicting economic data prompted investors to pause before an important employment report this Friday , and before the decision of the ECB 's interest rate , which will be announced today. Ended trading...
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    Japanese Yen Maintains Bullish Trend as Long as Fears Persist

    The Japanese Yen made a big lurch forward on compounding fears of slowing growth and emerging market crisis. - A further deterioration in investor sentiment will help the Yen breakout of its recent triangles. - Have a bearish (or bullish) bias on the Yen, but don’t know which pair to use? Use...
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    EUR/JPY and the forecast for January 30

    Browse by EUR / JPY and the forecast for January 30. Intraday mood this pair generates stub downward wave of January 23, part of a larger trend in the medium wave from 27.12 last year. Yesterday exceeded expectations. The outbreak of the resistance zone downward wave still selling far...
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    US Dollar shown Rebound Signals. FOREX News:

    US DOLLAR TECHNICAL ANALYSIS – Prices put in a bullish Piercing Line candlestick pattern above support in the 10656-61 area, marked by the bottom of a rising channel set from November and the 23.6% Fibonacci retracement. A break above initial resistance at 10718 – a horizontal pivot – targets...
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    Forex: Dollar Ready to Break, If the NFPs Can Live Up to the Hype

    Dollar Ready to Break, If the NFPs Can Live Up to the Hype The stage is set. The US dollar has worked itself into a position where it is easily susceptible to volatility just in time for the December Non-Farm Payrolls (NFPs). Yet, forcing a breakout – much less generating a meaningful trend –...
  6. FxNet

    USD/JPY Trades Below 100

    The US dollar slid against the yen during a quiet Asian session today, trading below the key 100 yen level and touching a low of 99.56 before steadying at 99.80 by the end of the session. Much of the reason behind the slide is due to profit taking as market participants are unwilling to take...
  7. FxNet

    USDJPY supported above 100 yen, sterling hits new 2-week high

    Market sentiment remains positive as it is still being characterized by the loose monetary policies of the world’s major central banks – Federal Reserve, European Central Bank and Bank of Japan. Last week, the Fed President nominee Janet Yellen signaled she will continue the Fed’s stimulus...
  8. FxNet

    Dollar eases slightly after hitting 100 yen, Yellen in focus

    The US dollar finally hit the key psychological level of 100 yen today, rallying 0.2% in the European session as the yen extended weakness on the back of comments from Japan’s finance minister today. Taro Aso mentioned that Japan was willing to use market intervention as a policy tool in order...
  9. FxNet

    Yen weak on Japan FinMin remarks, dollar in focus ahead of Yellen speech

    The yen weakened during the Asian session against most major counterparts as markets reacted to comments made by Japanese Finance Minister Taro Aso today. Relatively good economic data from Japan did not help the yen rise. A GDP report showed the Japanese economy expanded at an annualized...
  10. FxNet

    Dollar holds near 2-month high versus yen

    The US dollar retraced slightly against the yen in the Asian session but is still hovering near a two-month high. The greenback is being broadly supported by renewed views of Fed tapering after a series of strong economic data. The dollar is also drawing strength from a surge in US bond yields...
  11. showrebates

    GBP/USD: gains limited by 1.6220 resistance

    European currencies have managed to regain most of the ground lost yesterday this Thursday, although GBP is underperforming compared to the EUR, with the first capped below 1.6220 resistance against the USD, and the second advancing to fresh year highs. Nevertheless, the push higher in GBP/USD...
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    Forex Guard - Secured Forex Online Services

    Forex Guard offers you the most secure forex services. Now you can make profit from forex if you have an account or not. If you have an account in Forex and wants to increase your profit you can sign up for our Forex managed accounts service, and leave it to the financial Experts in our company...
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    Asian market condition for currencies.

    EUR/USD has traded in a 20 pip range either side of its NY closing level. Press reports out of Germany suggest that a potential Merkel-Hollande alliance will not be as cosy as Merkozy but the market in Asia has had no interest. Range: 1.3227/48 USD/JPY has drifted slowly lower toward...
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    HAMA Forex Strategy

    Traders who try to pick the tops and bottoms of the market throughout the day end up with mostly misery. Also inexperienced fellows in forex departments even in first division clubs try to pick the tops and bottoms, believing that this is where the real big money is. No wonder why such traders...
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    Crow Breakout System

    Crow Breakout System - Trend lines and price formations are used in many ways by investors. The trading strategy that I will teach you now is based on this concept. It is very important for traders to know when and how the prices will move. In order to identify the trends, breaking points and...
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    Pin Bar Forex Strategy

    Pin Bar is a popular Forex strategy which is based on the particular candlestick pattern. You can use this strategy on any major pairs and timeframe. Using longer-term timeframes would be more logical though. I advise 1H, 4H or daily charts. The “Pinbar” pattern was first introduced by Martin...
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    Speculators trim net long dollar bets in latest week

    Currency speculators trimmed their bets in favor of the U.S. dollar in the latest week, according to data from the Commodity Futures Trading Commission released on Friday. The value of the dollar's net long position slipped to $17.8 billion in the week ended April 3 from $19.58 billion the...
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    simple effective strategy

    STEP 1 Open up a daily chart STEP 2 Add the following indicators on the chart. - Bollinger band (20,2) - Stochastic Oscillator (5,3,3) STEP 3 Look at price touching upper or lower band for the first time. If price touches upper band, wait for following candlestick to...
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    Australian dollar falls to fresh 11-week low

    The Australian dollar fell to an 11-week low versus the U.S. dollar on Wednesday as falling equity markets hit the high-yielding currency and with expectations growing for a rate cut in Australia next month after a surprise trade deficit.
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    Euro holds firm before EU finance ministers meet

    The euro bought $1.3317 and 110.04 yen in Tokyo morning trade, compared with $1.3316 and 110.36 yen in New York. The dollar edged down to 82.62 yen from 82.86 yen in New York. Eurozone governments have debated whether to combine the lending capacity of the temporary European Financial...