Dukascopy Fundamental Analysis EUR “The cost of postponing a solution [debt swap] is extremely high for Europe, but especially for the future of the euro” - Giovanni Bossi, chief executive officer of Banca Ifis SpA Talks on Greek debt swap resumed on Thursday as European finance ministers pressure private bondholders to take bigger losses on their Greek holdings. USD “Improving economic [...]
Dukascopy Morning Forex Overview
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Why dollar carry trade faces hidden dangers
Most investors agree that it is out there. What is less clear is how big it is, or how worried investors should be about it. The “it” in question is the dollar carry trade. This is an investment strategy that has recently been extremely profitable and as a result has become increasingly...
Short-term model going long EUR/JPY
First up, as a disclaimer of sorts, this model has been wrong on the last two trades that I have seen from it. I’m not sure if that’s a good thing because it’s due for a win or a bad thing because it’s out of form. This model works off very short term charts and mixes trend...
The systems of forex day trading
Ecommerce Journal Traders use several systems to buy and sell currency throughout the day with the expectation that the forex or stock will rise or fall in no seconds so as ... See all stories on this...
US index test critical Fibo support
As noted earlier, 78.49, the 61.8% Fibo is a quite important level. it was test but is holding by a thread at the...
EUR/USD reaches 1.4301
Presumably there was another barrier at 1.4300 as EUR/USD reaches 1.4301 before a modest pullback. There was strong demand for currencies at yesterday’s fixing, it would not be surprising to see more today. The fixing is up momentarily. 1.4361 is next resistance, the late December...