Intraday Technicals: Counter-trend USD/JPY Buy

CURRENCY CURRENT BIAS POTENTIAL STRATEGY EUR/USD (Short Term) Testing near-term 78.6% support near 1.2660 GBP/USD (Short Term) Testing key near-term triple-top resistance near 1.55 USD/JPY (Short Term) Buy if prices drop to 83.054, risking 82.766 and targeting 83.739 (counter-trend opportunity) USD/CHF (Short Term) Testing near-term double-bottom support near 1.0060 USD/CAD (Short Term) Waiting for a [...]

Trading with a Flexible Mindset

Don’t let your opinions get in the way of your analysis.

Swing Technicals- EUR/USD to Face Resistance at 1.3075?

CURRENCY CURRENT BIAS POTENTIAL STRATEGY EUR/USD (Medium Term) Sell EUR/USD at 1.3075. Stop at 1.3370. Profit target at 1.2435. GBP/USD (Medium Term) Wait until a new pattern emerges. USD/JPY (Medium Term) Wait until a new pattern emerges. USD/CHF (Medium Term) Wait until a new pattern emerges. USD/CAD (Medium Term) Wait until a new pattern emerges. [...]

U.S. stocks fell for the first day in five

S&P 500 (Sep 10) INTRADAY Review U.S. stocks fell for the first day in five, ending the longest streak of gains for the Standard & Poor’s 500 Index since July, on concern the European debt crisis may worsen. Bank of America Corp. and Citigroup Inc. fell at least 2 percent as European banks slid on [...]

GBP/USD Intraday

Forex Market Outlook on Minors/Crosses

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/JPY EUR/JPY  : 106.20 Last Updat e At  08 Sep 2010 09:16 GMT Despite euro’s strg rebound after holding abv intra-day sup at 105.80 (Asia), as long as 106.51/ /62 holds, consolidation with downside bias remains for another fall to 106.00, however, below 105.80 is needed to extend decline fm [...]

Intraday Technicals: Quiet Day Ahead

CURRENCY CURRENT BIAS POTENTIAL STRATEGY EUR/USD (Short Term) Trade in progress: Sold at 1.2863 risking 1.2969 targeting 1.2701 GBP/USD (Short Term) Waiting for a new pattern to emerge USD/JPY (Short Term) Waiting for a new pattern to emerge USD/CHF (Short Term) Waiting for a new pattern to emerge USD/CAD (Short Term) Waiting for a new [...]

Forex Market Outlook on Minors/Crosses

INTRADAY TRADING SIGNAL BY ACETRADER.COM: EUR/JPY AUD/USD  : 0.9157 Last Updat e At  07 Sep 2010 02:19 GMT Despite aussie’s recovery fm 0.9135, if our view that temp. top formed y’day at 0.9181 holds true, upside shud be ltd n another corrective fall to 0.9122 n then 0.9095 is still envisaged but 0.9070/ 80 shud [...]

EUR takes advantage of recent U.S. dollar situation

Fundamental The correlation between the Euro and the MSCI World Stock Index has firmed from last week, anchoring the single currency to broad trends in risk appetite once again. German Factory Orders, Industrial Production, and Trade Balance figures are of top significance on the homegrown economic calendar as traders look to gauge the demand outlook [...]

Dollar Index Neck-lined!

1 minute with ForexSurvivor       (06 September Europe) Latest Impact:  Dollar Index Neck-lined!               The week corresponds to BOJ, RBA, BOC, & BOE rate announcement.   The last 3NFP reports ruined the dollar index uptrend from 88 to 80band, in an apparent technical formation known as trend ‘correction.’ August model has [...]