Dollar Goes Bullish Ahead of Advance GDP Release

by | January 30, 2009 9:29 am
The Dollar has gone bullish since the beginning of yesterday’s trading, and ahead of the release of today’s release of Advance GDP figures at 13:30 GMT. Results better than the forecasted -5.4% is likely to make the... Daily Analysis

by | January 29, 2009 11:36 am
Today’s US Dollar Trading •    USD starts weak and reverses•    FOMC announcement initially seen as positive•    Stops seen driving trade

Economic Stimulus and Monetary Policy Spark a Dollar Recovery

by | January 29, 2009 8:34 am
The Dollar moved sharply higher as the Federal Reserve held its benchmark interest rate at a historic low while it is exploring other alternative methods for fixing the American economy. The passage of Barack Obama’s economic stimulus... Daily Analysis

by | January 28, 2009 8:58 am
Today’s US Dollar Trading •    USD starts better in Asia, gives back gains in New York•    Some whipsaw seen on light stops and thin conditions•    Most eyes focused on FOMC tomorrow Daily Analysis

by | January 27, 2009 11:23 am
Today’s US Dollar Trading •    USD fails to hold overnight gains, Swissy makes lows late•    Volumes thinner but better into the lows•    Two-way action evident but stops and short-covering drive trade

USDCHF Analysis – Jan 27, 2009

by | January 27, 2009 3:37 am
USDCHF might be forming a cycle top at 1.1714 level on daily chart. Key support is at the lower border of the rising price channel. A break down below the channel support will confirm the cycle top,...

EURUSD Analysis – Jan 27, 2009

by | January 27, 2009 3:36 am
EURUSD might be forming a cycle bottom at 1.2764 on daily chart. Key resistance is located at 1.3385, a break above this level will confirm the cycle bottom, and the following rebound could be seen to 1.3950-1.4000...

Average True Range

by | January 24, 2009 12:04 pm
The task of the Average True Range (ATR) indicator is to gauge volatility over a certain period of time. Keltner Channels and Starc Bands are examples of other systems for trading in which ATR is also used.

USDCAD Analysis – Jan 24, 2009

by | January 24, 2009 7:48 am
USDCAD pulled back from 1.2765 and formed a cycle top on daily chart. Further fall could be seen to 1.1900 zone in next several days. Initial resistance is at 1.2765, only rise above this level will signal...