Category: Forex Trading
The analysis published under this category are as follows.Tuesday, October 12, 2010
How to Profit From the Global Currency War Race to the Bottom / Currencies / Forex Trading
Shah Gilani writes: Short of sitting on the sidelines, investors can't escape the global currency wars - a "race to the bottom" shootout that has countries debasing their currencies to boost overseas sales.
But here's the only thing you need to know: As the central banks of the world slug it out in the global currency markets, individual investors who understand the currency-war strategy can reap some extraordinary gains.
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Sunday, October 10, 2010
Safeguard Against the Falling Dollar with ZERO Downside Risk... Guaranteed / Currencies / Forex Trading
Dr. Steve Sjuggerud writes: Heads we win. Tails, the government loses.
Hey, if the government is willing to create investment guarantees for us (through virtual banks, for example), we'd be foolish not to take advantage of 'em. If we can get the full upside potential of the investment... and we can legally hand off all the risks to the government... then let's do it!
Thursday, October 07, 2010
Currency Time Cycle's Analysis for U.S. Dollar, Euro, Yen and Swiss Franc / Currencies / Forex Trading
For many a year we have spent most of our time trading the markets using OEW and not paying too much attention to time cycles. We naturally accepted the four-year presidential cycle because it was easily back-tested using OEW analysis. And, with very few exceptions it has been quite predictable and regular.
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Tuesday, October 05, 2010
How to Profit From the Global Currency War / Currencies / Forex Trading
Jack Barnes writes: If you’re like me, and you spend a lot of time perusing financial Web sites in search of the latest global investing news, you’ve probably started to see a lot of stories about rapid shifts in foreign exchange rates – including some “currency pairs” that have traditionally been rather slow-moving.
Back during the spring, for instance, the news was full of stories about how Switzerland was buying up European euros in an effort to weaken the strong Swiss franc – only to have that country change course and diversify its holdings by purchasing U.S. dollars.
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Friday, October 01, 2010
EUR/CHF Recovery Just Temporary So Far / Currencies / Forex Trading
Bears in EUR/CHF have remained in overall control this year, with one notable rally attempt made in Jul. Another halt in downtrend has now been seen so it is worth looking at what more needs to be done to suggest a better recovery phase was underway.
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Monday, September 20, 2010
EUR/JPY Once More Attempts Recovery Off 76.4% / Currencies / Forex Trading
Weakness in the EUR/JPY cross this year saw a test of a long term 76.4% retracement. It hasn’t worked perfectly as support, but still seems to be having a deterrent effect on the bears. Following a s/term recovery we look again at the next signals required to provide bulls with hope.
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Saturday, September 11, 2010
Can Switzerland and Japan Solve Their Currency Problem? / Currencies / Forex Trading
Currencies play an important role in the economic health of a country — impacting the flow of trade and capital.
For instance, a weak currency can be quite good for an economy in times of recession. It stimulates demand for a country’s exports, which can drive growth in manufacturing, boost employment and give overall economic performance a nice jolt. And for foreign investors, a cheap currency makes a country’s investments more attractive.
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Friday, August 27, 2010
NZD/USD Pullback From 76.4% Resistance Underway / Currencies / Forex Trading
A Jun/Jul recovery in NZD/USD seemed to lessen the threat from medium term bears, but recently resistance from the 76.4% retracement level effectively repelled the gains, and the first sign of momentum loss has now appeared.
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Thursday, August 12, 2010
Euro, British Pound Reverse Sharply / Currencies / Forex Trading
The euro and pound have both been in full retreat against the US dollar on Wednesday (August 11). One euro is worth just $1.2845 after trading as high as $1.3226 on Tuesday. A British pound nets $1.5636 after a $1.589 peak Tuesday.
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Saturday, July 17, 2010
What the Big Mac Can Tell You about Currencies / Currencies / Forex Trading
Currencies have experienced a massive wave of volatility in the past three years. Driving some of that volatility are the early stages of a sovereign debt and currency crisis.
As I laid out in my June 26 Money and Markets column, history suggests many of the sovereign debt problems in the world will likely be responded to with competitive currency devaluations. So it’s reasonable to expect large moves in currencies.
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Friday, July 16, 2010
Fresh Support in EUR/CHF Now Visible / Currencies / Forex Trading
So far in 2010 the bears in EUR/CHF have been the clear dominant force. Any support found has proved fleeting. Recently a temporary halt in downtrend was seen, so it is appropriate to take stock of the technical position.
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Friday, June 11, 2010
Attacking Eurozone Core, USD Index and Swiss Knife / Currencies / Forex Trading
The 1.2% decline in US April retail sales deals a rude awakening to the low-volume rally in equities as well as the recent bounce in the euro. Just when EURUSD was attempting to make its 4th daily increase (EUR hasnt had more than 3 straight daily gains since December), the risk aversion stands in the way. EURUSD would have had to close Friday above $1.21 in order to overcome its inability to post 4 consecutive daily gains this year.
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Saturday, June 05, 2010
Stock Market Trend Important Signals for Currency Investors / Currencies / Forex Trading
Currencies represent the truest reflection of economic fundamentals and market sentiment. Therefore, they continue to be an important segment of the financial markets to watch.
Since the “flash crash” in the U.S. stock market on May 6, most market pundits and financial media have had their eyes glued to the euro for explanations on stock market activity.
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Friday, June 04, 2010
GBP/CHF Starting to Recover Again / Currencies / Forex Trading
In 2009 the GBP/CHF cross rate began a recovery following a major low point at the end of the previous year. After a deep pullback some positive signs are re-emerging now.
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Friday, May 28, 2010
EUR/GBP Reaches Pivotal Level / Currencies / Forex Trading
From the early March high the slide back in EUR/GBP has turned from what might have been a simple correction in a larger bull move into an early indication of a medium term bear phase, though not, as yet, confirmed.
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Friday, May 21, 2010
EUR/CHF Downmove Stalls, Again / Currencies / Forex Trading
Twice before, this year, the downmove in the EUR/CHF cross has shown signs of trying to find a decent support level, but with bears then driving values lower. For a third time, now, the chart has reached a point where it is worth looking closer for signs of bear fatigue.
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Wednesday, May 19, 2010
ECB Euro Currency Market Intervention is Inevitable / Currencies / Forex Trading
The massive 200-pip jump in EURCHF in less than 10 minutes (13:00-13:10 BST) is the work of no other than the Swiss National Bank intervening to sell its own currency. But the 80-90 pip jump in EURUSD must also be the work of European banks intervening on behalf of the ECB to boost the ailing euro. The events of the last 2 weeks imply that coordinated central bank intervention is possible. If it took 2 days for the ECB's to make an about turn on bond-purchases and for Berlin to institute a ban on naked shorts, then the prospects for intervention are very plausible.
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Friday, May 14, 2010
USD/JPY Bulls Remain Well-Positioned / Currencies / Forex Trading
The recovery scenario in USD/JPY recently took a knock, but bulls seem to have quickly regained their poise, and can still target higher levels, particularly on a break through the 95.00 resistance area.
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Friday, May 14, 2010
The Weak Euro, Resurgent Dollar! / Currencies / Forex Trading
The Macro Trader’s view:
The Euro has been much in the news over recent weeks, and for all the wrong reasons. The Greek debt crisis which had refused to lie down, even after the EU/EZ/IMF put together a EUR110.0B rescue fund, threatened to engulf the entire Euro zone because traders doubted the problem could be contained.
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Monday, May 10, 2010
EES Abandons CHF – is EUR/CHF Controlled by the SNB? / Currencies / Forex Trading
The Swiss franc depreciated vis-à-vis the U.S. dollar today as the greenback tested offers around the CHF 1.0945 level and was supported around the CHF 1.0840 level. Data released this weekend confirmed the Swiss National Bank has spent more than CHF 40 billion to buy euro this year with CHF 30.2 billion in franc sales in the first quarter alone. Data Swiss National Bank President Hildebrand last week said the SNB will continue to counter any “excessive” gains of the franc, noting there would be a “negative impact” if the franc appreciates “sharply due to its role as a safe haven currency.”Read full article... Read full article...