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Video Analysis: Commodities Supportive...

Video Analysis: Commodities Supportive For Majors

By Elliott Wave Forecast Group

Hello traders! Stocks are higher, USD reached new lows against the majors during Asian sessions, and it seems that this type of a price action will continue this week, especially after a sharp impulsive break on Eur/Usd yesterday out of its 6-day consolidation range. USD weakness is also seen across the board...

24/1/2012 - The Current Market Sentiment

24/1/2012 – The Current Market Sentiment

By Walid Salh El Din...

The single currency has found strength this week to get over 1.30 psychological level versus the greenback again as the markets have shrugged off the delay of reaching an agreement between Greece and its creditors from the private sector as they have done last week by ignoring downgrading the credit rating of...

16/1/2012 - The Current Market Sentiment

16/1/2012 – The Current Market Sentiment

By Walid Salh El Din...

The pressure on the single currency continued in the beginning of this week versus the greenback as the fear of downgrading the credit rating of the EU countries has materialized by the end of last week by cutting the credit rating of 9 of the Euro area remembers by S&P giving all of the EU...

Video: EUR/USD vs. EUR/JPY Forecast Example (Elliott...

Video: EUR/USD vs. EUR/JPY Forecast Example...

By Elliott Wave Forecast Group

this past week. In this video you will find out "how and when", "we or you can" become more confident into your analysis and forecasting in currency markets, which potentially can improve your success in trading. We think, that intra-market analysis and correlations, key market levels and...

EUR/USD Short-Term Update

EUR/USD Short-Term Update

By Alexander Nikolov

EURUSD: 1.2957 Short-Term Trend: downtrend Outlook: Several weeks ago we favored a short position in the 1.34/1.35 area with a target at 1.2870. The 1.2870 target was reached in the last week of 2011, so we are now flat. The daily downtrend remains strong as so far there is no evidence of a major bottom...

Video Analysis: Commodities Supportive For Majors

By Elliott Wave Forecast Group

Hello traders! Stocks are higher, USD reached new lows against the majors during Asian sessions, and it seems that this type of a price action will continue this week, especially after a sharp impulsive break on Eur/Usd yesterday out of its 6-day consolidation range. USD weakness is also seen across the board...

 
 
 
 
 
 

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Forex Trading

 

EUR Continues Its Downtrend Against...

posted 12/18/11

EURUSD: 1.3042 Short-Term Trend: downtrend Outlook: A few weeks ago I favored a short position in the 1.34/1.35 area. Since then EUR has been under heavy pressure...

 

EUR/USD Short-Term Update

posted 12/11/11

EURUSD: 1.3384 Short-Term Trend: downtrend Outlook: EUR was little changed last week as it traded in a tight range between roughly 1.33 and 1.3450. As the...

 

Potential Trade Set-ups For The Week...

posted 12/11/11

Despite some action on the FX market in the past week, provided by the ECB rate decision and EU summitmost of the major pairs remained trapped in a...

 
 
 
 
 
 

Top Forex News

 

2/8/2011 – The Current Market...

posted 08/02/11

The risk aversion sentiment has accelerated containing the markets following the falling of June personal income to 0.1% monthly revising down the figure of May to 0.2%...

 

US Debt Ceiling Drama Continues

posted 07/30/11

Trading in America has been sinking slowly and dragging the S&P 500 Index down with it, to the lowest level in almost two months. Bonds and commodities futures...

 

Both Parties Still at Odds...

posted 07/25/11

Today, Speaker of the House John Boehner announced to legislators that, despite the danger of a veto and the fact that negotiations in Congress are at a dead-end...

 
 
 
 
 
 

Forex News

15/12/2011 – The Current Market Sentiment

The single currency could find the power to get over 1.30 versus the greenback because of the flash release of Dec EU manufacturing PMI index which has come at 46.9...

9/12/2011 – The Current Market Sentiment

The Single currency is still under pressure versus the greenback after the ECB's interest rate decision of cutting the interest rate by 0.25% to be at its previous all times...

Market Undergoes Correction Ahead of Big Events...

European stocks fell as they corrected after the largest monthly growth since July 2009, as some investors again started to reluctantly buy stocks before Euro zone leaders had a chance...

Merkel Tries to Garner Support in Bundestag...

Durable goods orders might have fallen in September after the drop in orders from aircraft manufacturers neutralized the successes of such companies as Caterpillar Inc (CAT), which show increasing production...

Europeans Inspire Markets

Wednesday was another day of overall positives on the markets: at the end of the day, the EUR/USD pair fixed above 1.3800, adding more than 1.3%. The British pound rose...

Stocks and Commodities Rising

Today, immediately after American and European stocks jumped up in response to a promise from the German and French leaders to resolve the debt crisis in Europe, Asian stock indexes...

Italy: Three Steps Down

In the first half of the day on Tuesday, the dollar continued its advance on its major competitors. Investor uncertainty regarding the situation in the Euro zone due to the...

Steve Jobs Passes Away

Today, Steve Jobs passed away at age 56 after a six-year battle with a rare form of cancer. He dedicated what was left of his life and health to that...

ECB Meeting Getting Closer, Along with a...

Yesterday, it was reported that Finland will receive the collateral it demanded as a condition of providing aid to Greece. The Finnish government was able to secure the collateral, but...

Greece Squeezing Some Money Out of Real...

The continuing rally on the risk asset markets yesterday was buoyed by the positive news coming out of the Euro zone. At a meeting with Greek Prime Minister George Papandreou,...