Sign inRecent Commentaries tagged (currencies)
The Trend Trader For Futures Trading on Wednesday, March 17, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
The Trend Trader For Forex Trading on Wednesday, March 17, 2010
The Trend Trader helps to identify the current trend status of your favorite forex markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness....
U.S. Dollar Trades Lower Ahead of FOMC policy Meeting Boosting April Gold Prices Overnight
The U.S. Dollar is trading lower ahead of this afternoon’s FOMC policy meeting. This weakness is helping to boost April Gold prices overnight. The recent break in gold stopped short of the late February bottom at $1088.50 to maintain the uptrend. Buyers came in on Monday to support prices after...
Euro Finishes Weaker; Uncertainty over Bailout Pressures Market
The Euro finished lower on reports that a few Euro Region finance ministers are rejecting the idea of a bailout for Greece. Over the weekend, ahead of the start of today’s two-day meeting in Brussels, German Finance Minister Schaeuble and French Finance Minister Lagarde downplayed the...
Jim Wyckoff's Morning Blog--Tuesday
Tuesday, March 16--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are a lower U.S. dollar index and higher gold prices. JIM'S MARKET THOUGHT OF THE DAY * The gold market bulls are regaining some fresh upside...
The Trend Trader For Futures Trading on Tuesday, March 16, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
The Trend Trader For Forex Trading on Tuesday, March 16, 2010
The Trend Trader helps to identify the current trend status of your favorite forex markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness....
Euro Finishes Higher; Charts Indicate More Upside Likely
The Euro closed last week higher and in a position to continue the rally as financial tensions have eased enough in Greece to warrant the beginning of a short-covering rally. Technically, the main trend is up on the daily chart with 1.4009 a possible near-term target. Although most of the...
Drop in Asian Equity Markets Leads to Spillover Selling in U.S. Markets
A drop in Asian equity markets is leading to spillover selling in the U.S. markets. The follow-through to the downside overnight appears to be a continuation of the sharp break from the high on Friday. Concerns over a credit rating cut in the U.K. and the lack of a bailout plan for Greece are...
Jim Wyckoff's Morning Blog--Monday
Monday, March 15--Jim Wyckoff's Morning Web Log OVERNIGHT/EARLY MORNING DEVELOPMENTS The market features in overnight/early morning trading today are lower U.S. stock index futures prices and lower crude oil prices. JIM'S MARKET THOUGHT OF THE DAY * April crude oil posted a bearish "outside day"...
Words from the (investment) wise for the week that was (March 8–14, 2010)
Shrugging off some lingering reminders of the credit crisis and recession, investors last week marked the one-year anniversary of the bear market low by pushing many benchmark equity indices to cycle highs. Wall Street scaled 17-month highs on the back of easing concerns of sovereign debt...
The Trend Trader For Futures Trading on Monday, March 15, 2010
The Trend Trader helps to identify the current trend status of your favorite futures markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling...
The Trend Trader For Forex Trading on Monday, March 15, 2010
The Trend Trader helps to identify the current trend status of your favorite forex markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness....
GBPUSD - Square up day
We have virtually hit all our targets shy just a few pips. Look for the Cross to square up ( south) back to 1.5100. May have one more run north to take out the 1.5193 target though so watch out.
Stocks Poised to Continue Rally; Demand for Risk Weakens Dollar
Retail Sales just came out bullish. Equity markets are soaring. Bonds are breaking. The Dollar is plunging. The market reads this report as good. The key will be to be able to separate the report from the trade. The question is will U.S. investors chase equity market higher or wait for a...
