Analysis Topic: Currency Market Analysis
The analysis published under this topic are as follows.
Tuesday, August 04, 2009
Fall Of U.S. Dollar And Recovery Of U.S. Economy / Currencies / Economic Recovery
By: EliteGlobal
On August 4, 2009 Rectangular pattern breakout happened in the EUR vs. USD at 1.43 levels and this is the critical breakout for US dollar which will lead to long term depreciation against Euro. Last week US GDP was published, the data shows that the GDP contracted by 1% for Q2 2009; indicating the recession is over and Q3 will be stabilization coupled with marginal recovery of US economy.
Tuesday, August 04, 2009
The Decline of the US Dollar in the Forex Markets / Currencies / Forex Trading
By: Andrew_Abraham
It has been a negative period for the US dollar in the Forex Markets. When we are trend following we really do not look at the fundamental back drop ,but it seems evident. Look at it this way… with all the debt taken on and more spending by Govt, it doesn’t make sense? If we personally ran our households this way, we would not be living in our households.
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Monday, August 03, 2009
US Dollar to Remain Dominant International Reserve Currency For Many Years / Currencies / US Dollar
By: Global_Research
Prof. Rodrigue Tremblay writes: "The empire of the dollar is crashing." Hugo Chavez, Venezuelan President
"The U.S. dollar is a worthless piece of paper." Mahmoud Ahmadinejad, Iranian President
[The U.S. dollar is] "losing its status as the world currency." Xu Jian, vice director, People's Bank of China,
Monday, August 03, 2009
EUR/USD Signals Another Swing Higher / Currencies / Forex Trading
By: ForexPros
After testing the 1.4000 level the pair made a surge to test the highs of the former range at 1.4300. A break above 1.4320 signals another swing higher. Initial resistance is at 1.4340 with targets beyond of 1.4400, 1.4450 and ultimately 1.4600 (not necessarily today).
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Sunday, August 02, 2009
EUR/USD Short Term Top- Selling Opportunity at Market Open? / Currencies / Forex Trading
By: Joe_Gelet
EUR/USD could retrace to 1.4190 based on the following factors:
Saturday, August 01, 2009
British Pound, What Happened to the Weakness of Sterling? / Currencies / British Pound
By: Seven_Days_Ahead
The Macro Trader’s view:
The Pound has staged a sometimes volatile recovery for much of this year. It is now far higher than the lows it reached during November and December 2008 when traders thought the UK would suffer most of the G7during the recession.
Friday, July 31, 2009
U.S. Dollar Collapse Starting Next Monday ? / Currencies / US Dollar
By: Frederic_Simons
The trading week finished with a further attack against the US Dollar, reversing a short-lived strenghening of the US Dollar that could be observed during the last two days.
Thursday, July 30, 2009
Early Reversal Signs in EUR/USD / Currencies / Forex Trading
By: Seven_Days_Ahead
Following an early July high of 1.4337 we had, for various technical reasons, adopted a somewhat speculative bear stance in EUR/USD. After an initial move down (to our first ‘profit-taking’ level) subsequent consolidative action eventually sidelined us – but now, the negative signs are creeping back again…
Thursday, July 30, 2009
Euro Breaks Below Support / Currencies / Forex Trading
By: ForexPros
The pair broke through support at 1.4120 and more support at 1.4060 but has managed to stay above the 1.4000 level. A break below 1.4000 will likely target 1.3920 followed by 1.3880.
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Wednesday, July 29, 2009
One World Currency is Inevitable / Currencies / Global Financial System
By: Christopher_Laird
I know it sounds impossible, but the world is being forced to a point of having to implement a one world currency. Or at least a one world currency among the major economies – maybe Tunisia might escape.
Wednesday, July 29, 2009
EUR vs. USD Currency Forecast Into 2010 / Currencies / Forex Trading
By: EliteGlobal
EUR vs. USD formed a rectangular pattern during July 2008 to till date and awaiting for the upside breakout at 1.44 levels. Once it breaks the 1.44 levels, US dollar will depreciate to 1.64 against euro. Due to global economic recovery, investor seeking commodities and equities rather than invest in US dollar.
Wednesday, July 29, 2009
The Forex Trading Conundrum / Currencies / Forex Trading
By: Joe_Gelet
It’s difficult to know what one can say publicly about Forex. If performance is mentioned, it should first be approved by the NFA (as should any marketing material). Comments from insiders and partners are told in trust that it will not be repeated.
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Tuesday, July 28, 2009
EUR/USD Range Trading Continues / Currencies / Forex Trading
By: ForexPros
Resistance is at 1.4300 and 1.4335-1.4350. There is little resistance beyond that and rates could surge if that level is surpassed.Read full article... Read full article...
Tuesday, July 28, 2009
Why Weekly Charts are Crucial for Trading Forex Markets / Currencies / Forex Trading
By: INO
Today I'm going to be looking into why weekly charts are so important in the Forex market.
Monday, July 27, 2009
EUR/USD Range Breakout? / Currencies / Forex Trading
By: ForexPros
We are still in a range which started last Monday, and we have seen two false breakouts in that time.Read full article... Read full article...
Monday, July 27, 2009
British Pound Remains Under Threat of Another Bear Phase / Currencies / British Pound
By: Seven_Days_Ahead
As with other markets GBP/USD has been broadly consolidative during June and July, with upside attempts being successfully repelled so far. In recent FX Trading Guides we have wondered if the 30-Jun spike to 1.6744 and drop back marked a blow-off move, in preparation for a better bear phase – and we still believe this is a prospect.
Saturday, July 25, 2009
U.S. Dollar Became the World's Reserve Currency 65 Years Ago / Currencies / US Dollar
By: Pravda
The historic conference in Bretton Woods ended on July 22, 65 years ago. The members of the conference agreed to establish a system of payment based on the US dollar and established the dollar peg with gold. The conference also resulted with the establishment of the International Monetary Fund and the World Bank.
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Saturday, July 25, 2009
Follow the Money: EuroDollar at Critical Juncture / Currencies / Forex Trading
By: The_BullBear
After a 12% nearly vertical run to new highs in the SPX every trader and investor is asking whether the markets can continue higher or whether we are at or near a top of some kind. For some time I have been using intermarket analysis to help gauge market trend. In particular I have been tracking the relationship between the forex and equities markets and found that a "follow the money" approach is very useful.
Friday, July 24, 2009
Euro Poised to Take off! / Currencies / Forex Trading
By: Mike_Paulenoff
Purely from a technical perspective, the euro is poised to take off against the dollar. All week long, the euro has consolidated in a tight range roughly between 1.4290 and 1.4100, which resembles a Bull Flag formation readying itself for an upside thrust. If such a thrust unfolds, then we should expect EUR/USD to climb to 1.4400-1.4500 next.
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Thursday, July 23, 2009
Abandoned U.S. Dollar and Paradigm Shift / Currencies / US Dollar
By: Jim_Willie_CB
A paradigm shift is underway, unrecognized inside the US kettle. Its water level is falling and its temperature is rising, even as fewer foreign born cooks stir its contents. The US banking and political leaders errantly pursue a path toward a return to normalcy, when all pathways have been washed out by powerful storms that to do abate and will worsen. Several key developments point to a new global order taking shape, as the Chinese actively work to plant global seeds that result in the Yuan currency serving more of a role in global trade. They will eventually de-throne the USDollar from its primal perch. The USDollar will be used less in global trade. The US$-based assets are being diversified. These developments are gaining traction, power, and publicity.