Monday, December 15, 2008
I
wrote last week that “a trendline needs to put to test a few times
before giving way to a break. Staying above .5356 keeps the bullish
trend intact.Major resistance does not begin until .6137/83,
which is the November 4 high / 38.2% of .8219-.5186.” There is no
change to the NZDUSD call for strength. Rallying above .5580 would
permit bulls to move risk to .5415.
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Wednesday, December 03, 2008
The
dollar rose against the Japanese yen late Tuesday night. The greenback
gained to 93.43 yen from the 93.22 yen it bought in late afternoon trading.On Monday, the dollar was worth 93.40 yen.[ForexGen Money Manager]An
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Wednesday, December 03, 2008
The dollar dipped against the euro late Tuesday night in New York. The 15-nation currency traded at $1.2715, up slightly from $1.2697 in late afternoon trading on Tuesday.On Monday afternoon, the euro fetched $1.2672.[ForexGen White Labels]Forex White Label partnership allows the trader a quick access to the online foreign currency exchange market.
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@ 7:29 AM,
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Wednesday, December 03, 2008
The
dollar fell against the pound in late New York trading Tuesday night.
The pound rose to $1.4918 from $1.4876 in late afternoon trading on
Tuesday.On Monday afternoon, the pound was worth $1.4910.[ForexGen Introducing Brokers]
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Tuesday, August 19, 2008
In the context of fundamental currency analysis, we usually talk about inflation, interest rates, economic growth, politics, etc. But perhaps these variables mask some deeper "truth" in forex, specifically that there is some ultimate "force" guiding the decision-making processes of forex traders. What we are really talking about here is comfort with risk. Especially in the medium-term (the short-term... [read more]
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