Forex Video Technical Update 6.29.2010 – Risk Aversion Accelerates Yen-GainsFeatured \ \ 3:42 PM EST \ June 29th, 2010 |
|
The fear of a double dip scenario resurfaced again after about a month of relative risk appetite. The risk adverse moves today started in the Asian session and finally stalled in the US session. We can see many breakouts in volatility and price range. I will take a look at the GBP/USD, EUR/USD, EUR/JPY, AUD/USD, and USD/CAD.
Help us grow and Share/Vote for this Post |
Get the latest updates from FXTimes |
| Post Was Recommended (1 votes) | |
 |
|---|
Automated trading strats never going to have the same vision as human eye. Stop on that EUR psn is 1.3152, but no major levels there. Writeup for recent EUR psn from 'Optimal Entry' DFX+ trading strat. I think risk is too wide, but like it otherwise http://t.co/f0tRzvcU
RT @JamieSaettele: join me for an impromptu market timing webinar http://t.co/GPDOQtY6 $EURUSD
RBA Growth Girl Warns Overvalued Aussie Hurting Economy http://t.co/NCFQ8hLE ..“I’m a growth girl, but I’m not a stupid one.” $AUD #forex Come one come all: “@JamieSaettele: join me for an impromptu market timing webinar http://t.co/fL8s2Sgp $EURUSD”
join me for an impromptu market timing webinar http://t.co/d6NqIItO $EURUSD I like the risk/reward on a short-term EURUSD position here. Stop below morning low of 1.3242, initial target of range high of 1.3285. Selling some AUDUSD and wondering what's good on Spotify. Any recommendations? Crude oil prices trading at top of downward-sloping multi-month range. Make-or-break time http://t.co/CN7FPkiI after yesterday's outside strong $AUDNZD , $NZDUSD is prob more vulnerable What's SSI showing? EUR -1.8, GBP -2.5, USDJPY 11.3, USDCHF 2.5, AUD -2.9, NZD -2.5, EURCHF 19.0. Crowds still heavily long USD. ECB rate cut more or less a coin flip ..0.75% refi rate likely by this time nxt month #OIS $EUR
Why BoE is Expected to Ease and ECB is Not http://t.co/cyYEBuWH #fxtalk #forex #ecb #boe
EURUSD moves below channel support at 1.3249 http://t.co/WnqNQTba http://t.co/vZiXyvkg In short: COT data still shows an overhang in USD-long positions vs EUR, and options traders betting on/hedging against EURUSD strength. Has the US Dollar fallen a lot? Yes. Can it fall further? I think so: http://t.co/GdMozPS9 A MUST For Anyone who Trades FX! Free e-book from BK -Don't Trade Like Tony Montana FX http://t.co/18FLUM4B
$USDJPY fades the 77.10 50% retracement target....now what? Video in 45 minutes #forex $
UAE Banks Dip Back Into Real Estate http://t.co/kZhFqofW #emaar #UAE #dbail #GCC #forex #nakheel Listen to the newest episode of The Trader's Podcast here: http://t.co/7YxvMSQX Kevin reveals his favorite trading book ever, and I'd never even heard of it - http://t.co/7YxvMSQX #traderspodcast hourly key reversal on $NZDUSD-important because of it occurred at US open
The blog owner requires users to be logged in to be able to vote for this post.
Alternatively, if you do not have an account yet you can create one here.
Powered by Vote It Up
Information and opinions contained on this page are for educational purposes only and do not constitute trading recommendations.
Trading OTC Forex on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange or futures you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange and futures trading, and seek advice from an independent financial advisor if you have any doubts.
Please login to comment. Dont have an account? Register