Forex Commentaries

Showing Posts 1 - 8 out of 8 found.

Forex: Bearish Canadian Dollar Outlook

With the World Cup ending last Sunday, many people were in search of exciting programming to entertain them. I’m sure many fed their hunger for audio-visual stimulation by tuning in to Federal Reserve Chair Yellen’s two-day testimony before the Senate...

Steer Clear Of The Yen For Now

Unless you're comfortable executing an options straddle with USDJPY (the yen's value to the dollar) or FXY (CurrencyShares Japanese Yen), I think you're better off not trading the yen in either direction for the time being. I figured it was timely to...

How Do SPOT Options Work?

Option exchanges are constantly looking for new ways to attract traders.  There used to be very few exchanges available,  but with the migration from the physical option trading floors to electronic or "virtual' floors, it seems that a new one pops up...

Forex: A Pennant From Down Under

If you've stayed in stocks (and I hope you did), you should be sitting on a great gain after the run-up in the past three weeks. Position traders would do well to sell some into strength, although it probably wouldn't hurt to leave some on the table in...

Sell Signal Seen For U.S. Dollar Index

The U.S. Dollar Index has been stuck in a trading range since late 2013 between 78.90 and 81.50. The market has recently traded towards the high side of the range which has taken our short-term momentum indicator into overbought territory. Friday’s...

Make Or Break Levels For Dollar/Yen

USD/JPY seems to be at a critical inflection point. Earlier in the week the exchange rate tested and briefly broke below the 200-day moving average near 101.10 before snapping back aggressively. This is the first time since October/November of last year...

        
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