Featured

FX Strategy Briefing: Sterling on Thin Ice

Featured \ Hans Nilsson \ 5:59 PM EST \ February 8th, 2010

The dollar fell in early Monday trading but later pared losses on a WSJ report that Federal Reserve Chairman
Ben Bernanke will begin laying the groundwork for credit tightening later in the year. There was no important
US economic release today to influence the trade.

Daily Video Recap: Quiet Start to the Week

Fundamental Updates \ Nick Nasad \ 3:12 PM EST \ February 8th, 2010

Traders dipped their toe back into risk trades as the Euro and other risk-sensitive currencies gained slightly on the US Dollar. There wasn’t much fresh news to go on, and most currency pairs stayed within the ranges established in Friday’s session.

Daily Technical Update USD/CHF Bearish Gartley

Daily \ Fan Yang \ 3:10 PM EST \ February 8th, 2010

The USD/CHF pair hit its 1.07 swing projection to complete a bearish gartley. The weekly chart shows the completion of this pattern at the 89.6% retracement level (1.079-1.080). Although it appears ready to roll back from overbought zone, it is still too early to say. The market is also testing 50Wk MA…

Technical Updates

Daily Technical Update USD/CAD Stalking 5th Wave

Fan Yang \ 3:39 PM EST \ February 8th, 2010
fyang

Looking at the Weekly, we basically have 2-waves down to the retracement zone between 61.8%-78.6%. The market was supported twice at 1.0200, once last year, and once in January. The market looks strong and ready to take a bullish mode judging from the strochastic breakout as well.

Daily

Daily Technical Update USD/CHF Bearish Gartley

Daily \ Fan Yang \ 3:10 PM EST \ February 8th, 2010

The USD/CHF pair hit its 1.07 swing projection to complete a bearish gartley. The weekly chart shows the completion of this pattern at the 89.6% retracement level (1.079-1.080). Although it appears ready to roll back from overbought zone, it is still too early to say. The market is also testing 50Wk MA…

Weekly

Weekly Technical Update 2.5.2010

Weekly \ Fan Yang \ 1:50 PM EST \ February 5th, 2010

Risk aversion took over and the USD and JPY benefited. This week’s action is significant as it reflects breakouts and adjustments to previous outlooks. Let’s take a step back an take a look a the big picture for the currency markets…

Fundamental Updates

Daily Video Recap: Quiet Start to the Week

Fundamental Updates \ Nick Nasad \ 3:12 PM EST \ February 8th, 2010
nnasad

Traders dipped their toe back into risk trades as the Euro and other risk-sensitive currencies gained slightly on the US Dollar. There wasn’t much fresh news to go on, and most currency pairs stayed within the ranges established in Friday’s session.

Commentaries

FX Strategy Briefing: Sterling on Thin Ice

Featured \ Hans Nilsson \ 5:59 PM EST \ February 8th, 2010
hnilsson

The dollar fell in early Monday trading but later pared losses on a WSJ report that Federal Reserve Chairman
Ben Bernanke will begin laying the groundwork for credit tightening later in the year. There was no important
US economic release today to influence the trade.

Next Live Events Starts in 13 hours, 38 minutes
Live Events
nnasad

Friday (2/5/10 – 10AM EST): In addition to analyzing what we see in Friday’s monthly US jobs report, we will also highlights 3 central bank decision – from the ECB, the BOE and the RBA. We will also examine our main currency pairs, the EUR/USD, GBP/USD, USD/JPY and others using technical analysis.