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Dollar Correction or Something Deeper?

... is likely the targets for the coming hours! The dollar continues to fall nonstop, what with EUR/USD and GBP/USD breaking ... is likely to continue for a few days! Is this a simple correction of the big downside we witnessed these last few weeks? Or is there ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

Could Dollar Weaken in December?

... think twice about buying the single currency against the dollar. A new week is starting today, with markets still shocked from ... The question that arises now is how long can the dollar continue to get bid all across the board? Is this situation here to ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

FOREX Euro hits 1 month low vs dollar on ECB uncertainty

The euro hit a one-month low against the dollar and a three-week trough versus the yen on Monday due to uncertainty over ... retreats from a 6-mth peak vs euro The Australian dollar earlier climbed to its highest in more than six months against the euro ...

forum topic - azka - 2009-04-21 06:03 - 0 comments

Dollar, yen near week's peaks as caution lingers

Dollar, yen hold near week's highs vs euro, Aussie, kiwi * Dollar briefly hits 2-month low vs yen By Kaori Kaneko TOKYO, May 14 (Reuters) - The yen and dollar held near some of their strongest levels this week on Thursday after ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

Euro range bound still, Sterling not as strong this week

... The impact on currency markets last Monday was noticeable. Dollar yen dropped below 93.00 and hovered near record lows and sterling dollar ... Once EURUSD falls below 1.24, watch for a significant correction in EURGBP to the 0.83 level or lower. By ForexDatasource ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

January 20 market commentary and technical levels

... downside. The bias is bearish. It seems like the bullish correction is over and the pair is now ready to continue the bearish scenario ... could be the end of the current short term bullish correction and turn our eyes back on major bearish scenario. CCI heading down ...

forum topic - azka - 2009-01-21 23:31 - 0 comments

British Pound, Euro and Swiss Franc All Dive Nearly 2%

... they will follow the lead of the ECB going forward. US Dollar Could Gain Further On Disappointing US Non-Farm Payrolls (NFPs) - Why? ... as forecasted, the US dollar may ultimately slip lower or simply consolidate through the trading day. Canadian Dollar Awaits ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

Bad Payroll Data

... Whatever the outcome it is very possible we will see dollar strength in the aftermath as risk aversion may hit the markets once ... time of writing and traders do not wish to commit one way or another until they see the data. Don’t forget that even after the number; ...

forum topic - azka - 2008-12-04 03:29 - 0 comments

Obama Aftermath Fails to Raise Confidence…

... the wires yesterday about several US bank's earnings! The dollar was and still is the clear winner of this week and together with the yen ... Bernanke to find he will have to either print new money or raise the taxes. Both scenarios are as catastrophic as they come! One thing ...

forum topic - azka - 2009-01-21 23:36 - 0 comments

Guide to profit forex trading

... not bring much to you. But who knows, maybe there is still something which you will find in this book and not find in others... Enjoy your ...

forum topic - azka - 2009-02-24 01:17 - 0 comments

November 13 market commentary and technical

... yesterday. The pair topped at 1.2631 but further upside correction was rejected as the pair whipsawed to the downside, hit the bottom ...

forum topic - azka - 2008-12-04 03:28 - 0 comments

Pound Signals Further Losses Ahead…

... against the euro and new multi year lows against the dollar after BOE’s inflation report stated that not only the country has ... and it seems weak. Next level to watch is 1.50. If the dollar continues to gain in the coming days then we it may be unavoidable for ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

EUR/USD - getting that uneasy feeling

... action in EUR/USD was muted today despite the strong dollar (DXC) and weak S&P 500. In discussing this with colleagues we are ... suggest a re-test then either a gradual sideways recovery or a sharp move higher as we saw in 1987. Hence, a second re-test would put us ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

USD Soars on Obama Inauguration

Forex Investors Welcome President Obama The U.S. dollar (USD) soared today as the world welcomed the 44th president of the ...

forum topic - azka - 2009-01-21 04:53 - 0 comments

One More Zero (How to Trade The Forex Like a Pro in One Hour)

... level, another zero would bring you to the one million dollar mark. And so on, and so on. You get the point. We are absolutely ...

forum topic - azka - 2009-05-23 13:48 - 0 comments