After rising during the early portion of today’s London session, the U.S. dollar index reached an area which has been historically significant over the past couple of years. From that point forward, the dollar basically remained flat against the euro through the London close. Although there were some opportunities to scalp the British pound pairs, capital preservation was arguably the most prudent position during today’s New York session. Curt Wehrley FX Bootcamp’s Quantitative Analyst
FOREX VIDEO - New York Session Review - Sept 29, 2009
Source: blogs.fxstreet.com
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Forex and Financial Market Update 11 June 2009
Ever since I started writing blogs on Forex and on trading I've strongly encouraged EUR/USD traders to use the price of crude oil as a trade indicator ... See all stories on this...
EUR/JPY technicals
Initial resistance is at 137.30, yesterdays highs with Fibos at 137.44 and 86 above there. Support is at 136.35 and 135.65. Hourly trend is more or less flat which favours range trading though a 5-wave count from the 139.20 spike high is a bearish...
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