I Love Trading Currencies But…

Posted by Casey Sheldon on Saturday, February 28, 2009 Under: World Mission Forex trading is a way of life for me and for many other people. I take my work seriously and I put a great amount of time into my trading and I always […] Read more »

Eur/Usd: A Look At The Big Picture

Whether you are a long term trader, a swing trader, or a day trader it is a good idea to look at what the big picture. So I thought I would take a look today at the monthly Eur/Usd charts and see what we find. Read more »

Eur/Usd: Breakout Test Ahead

The Dollar has been gaining strength in early morning trading breaking below the support of 1.2700 and the current position is showing a bear flag and the pair is approaching the support area of 1.2600. Read more »

Why’s The Dollar So Strong?

Posted by By Brad Zigler on Thursday, February 26, 2009 Under: Forex Economic Data real-time Inflation Indicator (per annum): 7.5% Was anybody surprised by the Yankee dollar’s wobble Monday? With a zombie stock market lurching about and the price of gold rising, you’d think that […] Read more »

EUR/USD: Economic Uncertainty Stalls Pair

The Eur/Usd currency pair has been in a range trade from the very significant levels of 1.3000 to 1.2500. The market is unsure of which way to go given all of the bad economic news all over the world. Read more »

Red Alert: Major Meltdown Imminent! Your Escape …

Posted by Martin D. Weiss, Ph.D. on Wednesday, February 25, 2009 Under: Forex Economic Data Martin D. Weiss, Ph.D. The nation’s largest banks are so close to collapse and the world economy is coming unglued so rapidly, a major Wall Street meltdown is now imminent. […] Read more »

Eur/Usd: Descending Triangle Forming

The Euro/Usd has reached a point where the pair has not had any clear direction in the past few trading sessions. However now we are forming a Descending triangle which usually indicates a further move to the downside. So watch for the pair to break out of the triangle. Read more »

Dollar Gains Strength on News

The Dollar gained strength after the CB Consumer Confidence news announcement came in at 25. The number expected was 35.5 so that was well below the expected estimate which indicates that the confidence of consumers is dropping extremely fast. Read more »