Category: Forex Trading
The analysis published under this category are as follows.Friday, July 20, 2012
Why is the Austrailian Dollar Still Surging? / Currencies / Forex Trading
Picture this. It's late May. You're in Australia. You have an interest in the currency markets: Maybe you speculate in forex; maybe your business depends on the exchange rates.
Every morning, you scan the headlines. This is what you see regarding the Australian dollar during the last week of May:
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Tuesday, July 17, 2012
Today's Top 5 Forex Trading Opportunities / Currencies / Forex Trading
Dear Trader,
On July 6, the EUR/USD fell to a new 2-year low.
The reason for the drop?
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Wednesday, July 11, 2012
Trading Forex with Elliott Waves Doesn't Have to be Complicated - Video / InvestorEducation / Forex Trading
Understanding the Wave principle doesn't have to be hard. In fact, as you'll see in this 5-minute clip, learning from EWI's Chief Currency Strategist Jim Martens can be downright entertaining.
Watch as the 20-year veteran analyst explains how learning to use Elliott waves can be as simple as counting to 5 and knowing your A-B-Cs.
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Thursday, July 05, 2012
A Rare Forex Trading Opportunity in the Australian Dollar / Currencies / Forex Trading
Dr. Steve Sjuggerud writes: Right now, the Australian dollar is a perfect example of what I look for in my True Wealth newsletter...
It is cheap, hated, and in an uptrend.
It is time to buy Aussie dollars.
Monday, June 11, 2012
Learning to Trade Currencies Using Multiple Time Frame Analysis / InvestorEducation / Forex Trading
Adam Green writes:What is multiple time frame trade analysis? This is the practice of using multiple time frames to determine the trend of a currency asset so as to determine the possible points of trade entry in tandem with the direction of the trend. This trade investment strategy was designed to solve the problem of traders getting into trades that are against the trend as a result of conducting analysis only on short term time charts.
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Saturday, May 05, 2012
U.S. Dollar and Gold Have Eyes on Europe / Currencies / Forex Trading
Friday saw heavy selling pressure coming into risk assets, specifically equities and oil. However, the real driving force behind the selling pressure is likely the result of several unrelated economic/geopolitical events. Clearly the unemployment report had an impact on price action, but strangely enough it would appear to those more in tune with reality that market participants want lower prices so that the next quantitative easing program can be initiated.
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Thursday, March 22, 2012
U.S. Dollar an Euro Make Pivots / Currencies / Forex Trading
Marc Horn writes: US$ and Euro make pivots H2 and H-2 respectively. Expect some action over the next few days!
The DX MAP wave count is H2 of 4H5 of D4 of W-5 of M-3.
Tuesday, March 13, 2012
Why The Dollar and Stocks Could Start Moving In The Same Direction / Currencies / Forex Trading
The theme of the global financial markets is now moving more toward the realization that growth will be ultra-slow (if not recession like territory), unemployment will remain persistently high and global economic shocks will continue to roll through. This is an important realization. Up until recently, the consensus has been that each economic shock or event along the way has been holding the world back from a return to normalcy – a full recovery.
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Thursday, February 23, 2012
Forex Market Trading Insight: EUR/USD Rallies...Why? / Currencies / Forex Trading
On February 16, EUR/USD, the euro-dollar exchange rate and the most actively traded forex pair, surged over 170 pips, from below $1.30 to above $1.3150.
The explanations for the strong rally boiled down to "hopes" that the Greek bond-swap deal would be reached.
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Wednesday, February 22, 2012
Currency Market Forecasts, Forex FreeWeek is Here! / Currencies / Forex Trading
Now through NOON Eastern time Wednesday, Feb. 29, you can have complete access to EWI's most popular service for currency traders -- for FREE!FreeWeek is absolutely free to anyone with a Club EWI user ID and password. There's no obligation to buy, and no credit card information is required.
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Monday, February 20, 2012
FX Markets Analysis, Risk Trades Elongate / Currencies / Forex Trading
Before we begin this analysis, please do make it a point to go through Yen charts and analysis. We were among the first to have seen through the yen weakness in early feb and has now caught over 550 pips in key yen pairs like EUR/JPY, AUD/JPY and CAD/JPY. The yen analysis has been updated with one of the charts provided in the current analysis.
The week has seen strong moves up and down for risk assets but more often than not, they have been in the channel. We take this opportunity to look at some of these pairs.
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Sunday, February 19, 2012
Macro Economic News Aiding Currency Market Technicals for 2012 / Currencies / Forex Trading
RBA stood pat early this morning as it kept rates at 4.25% and AUD/USD reacted sharply up to 1.08 levels but was capped at the barrier at 1.08. We expect this level to be challenged.
China early on Friday decided to drain 26 bn yuan from the money market. These are all limiting factors in the risk rally of 2012 and unless you are looking carefully, you may miss these important triggers and on the downside, they will accelerate the falls. Markets unwind differently than when they go up.
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Monday, January 09, 2012
U.S. Dollar Foreign Currency Pairs Analysis / Currencies / Forex Trading
As we noted in the most recent weekend update, there have been some developments in the long term Secular/Supercycle patterns of the currencies. As you are aware, the USD Secular trend, or Supercycle if you will, has been bearish against most foreign currencies since 1985. We have reason to believe this ended at the 2011 price low of 72.70 DXY. The USD should now be in a Secular bull market. Initial estimates suggest the DXY should reach 140 by 2018.
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Thursday, January 05, 2012
U.S. Dollar and Currencies: Review and Outlook / Currencies / Forex Trading
In 2012, policy makers around the world may be driven by the realization that the theme of 2011 was not a Euro-specific crisis, but simply another stage in a global financial crisis. Central bankers may ramp up their printing presses in an effort to limit “contagion” concerns. As such, the currency markets may be the purest way to take a view on the “mania” of policy makers. Market movements may continue to be largely driven by political rhetoric, rather than company earnings announcements or economic data. We don’t believe this trend will abate over the foreseeable future, especially given the likely leadership changes throughout several G-7 nations.
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Friday, December 09, 2011
Aussie Dollar Drops on China Economic Weakness / Currencies / Forex Trading
While European politicians bicker, another global worry flashed in the small hours of this morning. China has been the engine of global growth in recent years but today's economic data came in below expectations in many areas. As a major supplier of China, Australia has been hit hard by this so far with the AUD/USD down 0.70% and the NZD/USD down by a similar margin.
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Wednesday, December 07, 2011
The Three Must-Own Currencies of 2012 / Currencies / Forex Trading
Martin Hutchinson writes: If 2011 taught us one thing, it's that currency investing can be a dangerous business.
For instance, the euro - the simplest of hedges against a declining dollar and the U.S. Federal Reserve's expansive monetary policy - has run into difficulties, losing billions for even the most sophisticated Wall Street banks.
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Tuesday, November 22, 2011
Has the Kiwi Dollar Hit Bottom? / Currencies / Forex Trading
The financial markets are on the rebound this morning with beaten up currencies leading the bounce. The NZD/USD has been hammered through November, but is the biggest gaining dollar pair, up 0.56%. The AUD/USD is not far behind, up 0.52%.
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Monday, November 21, 2011
Currency Markets Start Week on Back Foot / Currencies / Forex Trading
This morning we're seeing markets start with a familiar cautious tone. The weekend news flow didn't throw up any big negatives, but hasn't been any big positives either. The Yen and US dollar are the currencies in demand so far this morning with the biggest mover being the AUD/JPY which is down 0.55%. The GBP/JPY isn't far behind at -0.43% this morning.
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Wednesday, November 09, 2011
Currency Markets Start with Early Weakness - Will it Reverse Like Yesterday? / Currencies / Forex Trading
The morning moves so far mirror what we say yesterday with the Australian dollar leading the fallers. It's almost a carbon copy of yesterday's start which ended with most markets in the black for today as news of Berlusconi's imminent resignation spread.
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Tuesday, November 08, 2011
Currency Markets, Aussie dollar slips on poor trade balance data / Currencies / Forex Trading
This morning the Australian dollar is the day's biggest faller, with the AUD/USD and AUD/JPY dropping 0.65%. Worse than expected trade balance figures are the main catalyst for the move.
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