Kara Crawford at kara@traderplanet.comadmin@traderplanet.comhttp://www.traderplanet.com/TraderPlanet.com offers its popular content for commercial syndication via RSS. The feeds include backlinks for the full articles and automatically assign author attribution, which is required. To syndicate these RSS feeds on a commercial Web site, TraderPlanet.com, LLC requires the execution of standard linking agreement. Contact Kara Crawford at kara@traderplanet.com for further details.en-ushttp://www.traderplanet.com/commentaries/view/64412-aussie_dollar_set_up_to_tumble_after_reversal_tophttp://www.traderplanet.com/commentaries/view/64412-aussie_dollar_set_up_to_tumble_after_reversal_top<p>Forex_commentary.JPG<br /></p> <p>The U.S. Dollar strengthened this morning after touching a five-month low against the Euro. The subsequent break in the EUR USD put this pair in a position to form a bearish closing price reversal top, but a late session surge negated the pattern. <br /><br />Even without the reversal top which would indicate this pair’s next move, the Euro looks tired at current price levels, but is not likely to turn bearish until support at 1.3510 is violated. <br /><br />Unlike the Euro, the AUD USD was able...</p><a href='http://www.traderplanet.com/commentaries/view/64412-aussie_dollar_set_up_to_tumble_after_reversal_top'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/832/?a=1073><img src=http://www.traderplanet.com/themes/trader_plain/gfx/jobman.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comFri, 01 Oct 2010 13:20:44 +0000http://www.traderplanet.com/commentaries/view/73174-aussie_dollar_set_up_to_tumble_after_reversal_tophttp://www.traderplanet.com/commentaries/view/73174-aussie_dollar_set_up_to_tumble_after_reversal_top<p>September 30, 2010</p><p>The U.S. Dollar strengthened this morning after touching a five-month low against the Euro. The subsequent break in the EUR USD put this pair in a position to form a bearish closing price reversal top, but a late session surge negated the pattern.</p><p>Even without the reversal top which would indicate this pair’s next move, the Euro looks tired at current price levels, but is not likely to turn bearish until support at 1.3510 is violated.</p><p>Unlike the Euro, the AUD USD was able to p...</p><a href='http://www.traderplanet.com/commentaries/view/73174-aussie_dollar_set_up_to_tumble_after_reversal_top'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comThu, 30 Sep 2010 21:42:12 +0000http://www.traderplanet.com/commentaries/view/64264-u_s_dollar_under_pressure_as_fed_considers_more_easinghttp://www.traderplanet.com/commentaries/view/64264-u_s_dollar_under_pressure_as_fed_considers_more_easing<p>Forex_commentary.JPG<br /></p> <p>The U.S. Dollar was under pressure all day on Wednesday as the Federal Reserve considers additional monetary policy easing amidst growing concerns that the economic recovery is poised to derail. <br /><br />The Euro surged to the upside again overnight as investors shrugged off sovereign debt concerns in Ireland and Spain while choosing to focus on the weakening U.S. economy and the possibility of another round of quantitative easing by the Fed. Short-term oversold technical factors ...</p><a href='http://www.traderplanet.com/commentaries/view/64264-u_s_dollar_under_pressure_as_fed_considers_more_easing'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comThu, 30 Sep 2010 12:54:57 +0000http://www.traderplanet.com/commentaries/view/73175-u_s_dollar_under_pressure_as_fed_considers_more_easinghttp://www.traderplanet.com/commentaries/view/73175-u_s_dollar_under_pressure_as_fed_considers_more_easing<p>September 29, 2010</p><p>The U.S. Dollar was under pressure all day on Wednesday as the Federal Reserve considers additional monetary policy easing amidst growing concerns that the economic recovery is poised to derail.</p><p>The Euro surged to the upside again overnight as investors shrugged off sovereign debt concerns in Ireland and Spain while choosing to focus on the weakening U.S. economy and the possibility of another round of quantitative easing by the Fed. Short-term oversold technical factors may ...</p><a href='http://www.traderplanet.com/commentaries/view/73175-u_s_dollar_under_pressure_as_fed_considers_more_easing'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comWed, 29 Sep 2010 21:40:32 +0000http://www.traderplanet.com/commentaries/view/64103-weak_economic_reports_trigger_surge_in_eurohttp://www.traderplanet.com/commentaries/view/64103-weak_economic_reports_trigger_surge_in_euro<p>Forex_commentary.JPG<br /></p> <p>Weaker than expected U.S. economic reports triggered a surge in the EUR USD, taking out Monday’s closing price reversal top and a major 50% retracement level at 1.3510.<br /><br />The news that the U.S. economy weakened overshadowed concerns about sovereign debt issues in Spain and Ireland. This remains the only factor that could exert a bearish influence on the Euro.  As long as the U.S. economy remains weak, the greater the chance the Fed will use quantitative easing to try to prev...</p><a href='http://www.traderplanet.com/commentaries/view/64103-weak_economic_reports_trigger_surge_in_euro'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comWed, 29 Sep 2010 12:38:10 +0000http://www.traderplanet.com/commentaries/view/73176-weak_economic_reports_trigger_surge_in_eurohttp://www.traderplanet.com/commentaries/view/73176-weak_economic_reports_trigger_surge_in_euro<p>September 28, 2010</p><p>Weaker than expected U.S. economic reports triggered a surge in the EUR USD, taking out Monday’s closing price reversal top and a major 50% retracement level at 1.3510.</p><p>The news that the U.S. economy weakened overshadowed concerns about sovereign debt issues in Spain and Ireland. This remains the only factor that could exert a bearish influence on the Euro.  As long as the U.S. economy remains weak, the greater the chance the Fed will use quantitative easing to try to prevent...</p><a href='http://www.traderplanet.com/commentaries/view/73176-weak_economic_reports_trigger_surge_in_euro'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/744/?a=1072><img src=http://www.traderplanet.com/themes/trader_plain/gfx/firman.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comTue, 28 Sep 2010 21:27:15 +0000http://www.traderplanet.com/commentaries/view/63922-euro_posts_reversal_top_after_irish_bank_downgradehttp://www.traderplanet.com/commentaries/view/63922-euro_posts_reversal_top_after_irish_bank_downgrade<p>The EUR USD posted a closing price reversal top on Monday after Moody’s Investors Service said it cut Anglo Irish Bank’s unguaranteed senior debt to Baa3 from A3, and cut its dated subordinated debt to Caa1 from Ba1.<br /><br />The chart pattern suggests a possible top, but the pace of the break from the top may be hindered by lingering concerns that the U.S. Federal Reserve will engage in quantitative easing.<br /><br />Technically, I had been anticipating a possible top or at the least a technical bounce once the ...</p><a href='http://www.traderplanet.com/commentaries/view/63922-euro_posts_reversal_top_after_irish_bank_downgrade'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comTue, 28 Sep 2010 12:53:01 +0000http://www.traderplanet.com/commentaries/view/73177-euro_posts_reversal_top_after_irish_bank_downgradehttp://www.traderplanet.com/commentaries/view/73177-euro_posts_reversal_top_after_irish_bank_downgrade<p>September 27, 2010</p><p>The EUR USD posted a closing price reversal top on Monday after Moody’s Investors Service said it cut Anglo Irish Bank’s unguaranteed senior debt to Baa3 from A3, and cut its dated subordinated debt to Caa1 from Ba1.</p><p>The chart pattern suggests a possible top, but the pace of the break from the top may be hindered by lingering concerns that the U.S. Federal Reserve will engage in quantitative easing.</p><p>Technically, I had been anticipating a possible top or at the least a technica...</p><a href='http://www.traderplanet.com/commentaries/view/73177-euro_posts_reversal_top_after_irish_bank_downgrade'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comTue, 28 Sep 2010 01:40:33 +0000http://www.traderplanet.com/commentaries/view/63752-u_s_dollar_crushed_last_week_after_fed_hints_at_more_economic_aidhttp://www.traderplanet.com/commentaries/view/63752-u_s_dollar_crushed_last_week_after_fed_hints_at_more_economic_aid<p>Forex_commentary.JPG<br /></p> <p>The U.S. Dollar finished sharply lower last week after the Fed strongly hinted that it would provide more aid to prevent the economy from derailing. Foreign currency investors reacted as if the Fed had given them the green light to sell the Dollar, delivering a crushing blow to the greenback against all major currencies. <br /><br />Many investors now feel based on the tone of the Federal Open Market Committee’s statement that it was getting ready to rev up the Treasury printing pres...</p><a href='http://www.traderplanet.com/commentaries/view/63752-u_s_dollar_crushed_last_week_after_fed_hints_at_more_economic_aid'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comMon, 27 Sep 2010 12:29:29 +0000http://www.traderplanet.com/commentaries/view/73178-u_s_dollar_crushed_last_week_after_fed_hints_at_more_economic_aidhttp://www.traderplanet.com/commentaries/view/73178-u_s_dollar_crushed_last_week_after_fed_hints_at_more_economic_aid<p>September 26, 2010</p><p>The U.S. Dollar finished sharply lower last week after the Fed strongly hinted that it would provide more aid to prevent the economy from derailing. Foreign currency investors reacted as if the Fed had given them the green light to sell the Dollar, delivering a crushing blow to the greenback against all major currencies.</p><p>Many investors now feel based on the tone of the Federal Open Market Committee’s statement that it was getting ready to rev up the Treasury printing press fo...</p><a href='http://www.traderplanet.com/commentaries/view/73178-u_s_dollar_crushed_last_week_after_fed_hints_at_more_economic_aid'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comSun, 26 Sep 2010 17:08:14 +0000http://www.traderplanet.com/commentaries/view/63491-dollar_yen_remains_balanced_at_50_percent_shorts_fear_interventionhttp://www.traderplanet.com/commentaries/view/63491-dollar_yen_remains_balanced_at_50_percent_shorts_fear_intervention<p>Forex_commentary.JPG<br /></p> <p>The Dollar/Yen remains balanced at the mid-point of the 82.88 to 85.93 range at 84.40. In addition, a Gann angle at 84.38 is providing additional support, making 84.40 to 84.38 an important support cluster.  Clearly this area is controlling the short-term direction of the market at this time.<br /><br />The choppy trading conditions in the U.S. equity markets did not help matters on Thursday morning. Prior to the U.S. opening, equities were under pressure which was helping to push th...</p><a href='http://www.traderplanet.com/commentaries/view/63491-dollar_yen_remains_balanced_at_50_percent_shorts_fear_intervention'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/624/?a=1067><img src=http://www.traderplanet.com/themes/trader_plain/gfx/dinapoli.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comFri, 24 Sep 2010 12:37:26 +0000http://www.traderplanet.com/commentaries/view/73179-dollar_yen_remains_balanced_at_50_shorts_fear_interventionhttp://www.traderplanet.com/commentaries/view/73179-dollar_yen_remains_balanced_at_50_shorts_fear_intervention<p>September 23, 2010</p><p>The Dollar/Yen remains balanced at the mid-point of the 82.88 to 85.93 range at 84.40. In addition, a Gann angle at 84.38 is providing additional support, making 84.40 to 84.38 an important support cluster.  Clearly this area is controlling the short-term direction of the market at this time.</p><p>The choppy trading conditions in the U.S. equity markets did not help matters on Thursday morning. Prior to the U.S. opening, equities were under pressure which was helping to push the U...</p><a href='http://www.traderplanet.com/commentaries/view/73179-dollar_yen_remains_balanced_at_50_shorts_fear_intervention'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comFri, 24 Sep 2010 03:31:27 +0000http://www.traderplanet.com/commentaries/view/63294-aussie_dollar_showing_signs_of_toppinghttp://www.traderplanet.com/commentaries/view/63294-aussie_dollar_showing_signs_of_topping<p>Forex_commentary.JPG<br /></p> <p>After hovering on both sides of an uptrending Gann angle at .9570 on Wednesday, the Aussie Dollar finally succumbed to selling pressure, triggering a break from its high and putting it in a position to form a daily closing price reversal top.  <br /><br />A late session comeback, however, helped the Aussie avoid forming the bearish topping pattern. The intraday action does suggest, however, that the selling may be greater than the buying at its current price level. <br /><br />Weakness in U.S. e...</p><a href='http://www.traderplanet.com/commentaries/view/63294-aussie_dollar_showing_signs_of_topping'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comThu, 23 Sep 2010 12:16:28 +0000http://www.traderplanet.com/commentaries/view/73180-aussie_dollar_showing_signs_of_toppinghttp://www.traderplanet.com/commentaries/view/73180-aussie_dollar_showing_signs_of_topping<p>September 22, 2010</p><p>After hovering on both sides of an uptrending Gann angle at .9570 on Wednesday, the Aussie Dollar finally succumbed to selling pressure, triggering a break from its high and putting it in a position to form a daily closing price reversal top. </p><p>A late session comeback, however, helped the Aussie avoid forming the bearish topping pattern. The intraday action does suggest, however, that the selling may be greater than the buying at its current price level.</p><p>Weakness in U.S. equity...</p><a href='http://www.traderplanet.com/commentaries/view/73180-aussie_dollar_showing_signs_of_topping'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/834/?a=1070><img src=http://www.traderplanet.com/themes/trader_plain/gfx/wyckoff.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comThu, 23 Sep 2010 02:37:43 +0000http://www.traderplanet.com/commentaries/view/63130-fed_decision_crushes_u_s_dollarhttp://www.traderplanet.com/commentaries/view/63130-fed_decision_crushes_u_s_dollar<p>Forex_commentary.JPG<br /></p> <p>The U.S. Dollar fell sharply lower versus the Euro and the Japanese Yen Tuesday afternoon after the Federal Open Market Committee hinted that it stood ready to provide stimuli for the U.S. economy. The suggestion of additional quantitative easing conjured up images of the Fed firing up the Treasury printing press, thereby weakening the Dollar.<br /><br />The FOMC statement suggested that the Federal Reserve may be preparing to provide more stimuli, most likely at its next meeting in ...</p><a href='http://www.traderplanet.com/commentaries/view/63130-fed_decision_crushes_u_s_dollar'>Read More at TraderPlanet.com &#187;</a><p align=center><a href=http://www.traderplanet.com/tradertube/index/815/?a=1071><img src=http://www.traderplanet.com/themes/trader_plain/gfx/murphy.gif border=0 /></a></p> BrewerFX, TraderPlanet.comBrewerFX, TraderPlanet.comWed, 22 Sep 2010 12:11:09 +0000