Hi everyone, today I touch on a variety of trading related subjects related to all things Forex. I specifically talk about the VIX, Dollar index, Equity markets and a few of our favorite currency pairs. Yesterday’s retracements have put us at some interesting technical areas for the Pound Yen, Aussie Yen and Aussie USD. Good luck and I hope you enjoy the video!! David Pegler
FOREX VIDEO - European Outlook November 24th 2009
Source: blogs.fxstreet.com
- Tags:
- Daily market commentary
Read more...
Cross action likely to dominate
Cable and AUD/USD are exactly where we left them yesterday but the EUR and JPY have been hurt on the crosses. EUR/GBP was a big mover but as I’m not short already, I’m not going to start chasing it. I have some strong support coming at .8490 (technicals to follow). My feeling with...
Emerging-Market Stocks to Rise “39 Percent”
Emerging-Market Stocks to Rise “39 Percent” by Jason Jenkins, Investment U Research Friday, November 25, 2011 There’s...
FOREX VIDEO - New York Session Review - October 12, 2009
Banks closed in the U.S. for the Columbus Day holiday, plus the prospect of traders sidelined before a heavy mid-week dose of monthly economic and quarterly corporate earnings reports, made for thin trading conditions during today’s New York session. For the most part, it was a good day for...
Just ignore the yellow bit
Wouldn’t it be great if you could just go back an erase the perverse price action that wrecks otherwise perfectly good chart patterns? Just ignore that yellow highlighted part on the hourly EUR/USD chart and you have a head-and-shoulders top playing out. The measured move objective is...
Australian unemployment numbers due out today
The unemployment rate surprised everyone, including the statistics office, by falling to 5.4% last month. There were complaints about the way the data was assessed and the ABS have introduced some changes for the May data. The consensus estimate is now for unemployment to return to 5,7% though some...