By GCI Financial - The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US...
Fundamental Outlook at 1400 GMT (EDT + 0400)
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Optimizing the forex trading system parameters: GBP/USD revisited
After important changes to the trading system optimization methodology, I am revisiting the case of GBP/USD on the day scale. In this study, the extended range of the entry threshold parameter, same as in the previous EUR/USD and USD/JPY studies, is used. The extended, more conservative threshold...
Forex and Financial Market Update 15 June 2009
Those three factors about sum it up to explain why the EUR/USD, GBP/USD, EUR/JPY, and GBP/JPY came under pressure, each losing several hundred pips to the ... See all stories on this...
Strong Consumer Confidence with Weak Durable Goods
We have mixed news on economic data today. New orders of durable goods decreased 4% MoM in January after seasonal adjustment, lower than the...
USD Running out of sellers?
The COT Report has already printed a plateau in open interest and may exhibit a turn around based on extreme positioning of traders to one side. From...
EURJPY buying
Seeing some decent EURJPY buying by various Japanese accounts over the last half hour pushing it back up thru 137.00 and towards yesterday’s highs. Look for 137.30-40 to initially ofer some resistance especially if USDJPY finds it tough to crack 97.60 and EURUSD offers lurking above...