Hi,

Last 2 weeks, we had a terrible fall of Euro against Dollar. I tracked the trade here at http://www.forexstreet.net/profiles/blogs/eurusd-ascending-triangle-pattern-on-d1-charts-01-september-2011

We had a nice bouncing support on Monday at ~1.3500 levels and then the correction resulted in about +200pips to the upside.…

Currently @ 1.3725. The cross  broke out of the down trend and stopped at the R4.  We should see a slight pullback and then  a continuation to the .382 fibo @ 1.3775.  Upper target is the R5 @ 1.3878.…

Gold and silver continue to seek direction in September. Despite the sharp changes in gold and silver prices throughout the month, gold price (as of yesterday) fell by only 0.1%, and silver price by 1.4%; the sharp appreciation of the USD against major currencies mainly the…

WTI oil inclined yesterday and thus followed the modest gains in the US stock markets. The gap between Brent and WTI continues to close. The speculations around the Euro Area debt crisis will probably continue to affect traders of forex and commodities, but…

Euro dollar is slowly rolling up above downtrend support, as the situation in Greece remains tense, and the Chinese hopes are gone. The US calendar is becoming busy. Will we see a breakout out of range? Or will the consolidation continue?

Here’s a quick update on technicals, fundamentals and what’s going on in the markets.

EUR/USD…

CME Group To Launch New Renminbi Forex Products

CME Group tells Euromoney it is waiting for more evidence of automated trade processing in Asia before it releases new Chinese renminbi FX products.

The CME Group, one of the world's largest and more diverse derivatives exchanges, is planning to launch new Chinese renminbi…

EURO and GBP made the drop after yesterday US session gains.Lower level wide range swings are to build profit with the initial long positions before making higher level longs to gain levels in the market- that way the average value  of the longs could be still below market level - a safe play strategy of the players.

During Japanese session swing and slide moves are expected.

European session may show early session dip and then firming up towards close of the session.

US…

Hi all, for this video I take a detailed look at the Aussie USD and also give a quick lay of the land for Euro.  I hope you enjoy the analysis!!  David Pegler

Greetings.



Let's pull up the EUR/JPY.



We've seen a nice downward movement and it looks like there may be more downward sentiment left in this currency pair.



Look for the pair to pontentially come down to test the 104.50 price range. If we can break Monday's low (103.88), then that may open up the pair for more downward movement to 103.00 and below.



Good luck with trading.

 …

Hi Guys

If you would like to register for my upcoming webinar today, please check the following link - 

http://www.fxstreet.com/webinars/sessions/session.aspx?id=a732f28e-b9ea-4170-a7c5-fd6752a041d0

In today's webinar I am talking testing and continuous improvements of your trading strategies.

For today's video, I focus on the Euro. After a good old…

I`m changing the title of this post from the mistaken

Forex Solutions Cuts Pip Spread To 10 Cents.... Zero Spread is Almost Here to

Forex Solutions Cuts Stake Sizes To 10 Cents

Apologies for my dumb mistake... this happened to me for not paying real attention to what I was reading so I just messed it up.... idiot!

Apologies again

Francesc

Forex…

First were FxPro and ADS Securities reporting highs in August, now it is IG Markets... and more to come...

Francesc

 …

EUR/USD (daily chart) as of Tuesday (9/13/2011) has reached and respected key support in the important 1.3500 price region, a round number psychological level that has served well as previous support and resistance in the past. This support bounce occurred just a few pips below the 1.3500 level, and…