Forex Video Technical Update 7.9.2010 – Examining Yen’s WeaknessFeatured \ \ 4:47 PM EST \ July 9th, 2010 |
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As always on Fridays, letβs take a look at the Japanese yen crosses. The Japanese currency fell across the board, especially to the commodity currencies. Is this a correction to be followed by further yen-strength, or has the corner been turned? Letβs see how we can find clues to this question in the coming week.
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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 New trade alert for the AUDUSD (TFL365 members) is ready: http://t.co/rsm8b5RY How to Milk a Bull Market!!? Cable has become a Model Trendline Currency. $GBPUSD Video Updated #gbp #forex $$ $USDJPY finds sellers at the 100 day MA overnight. What now? http://t.co/njdHjd0u http://t.co/VJ80hReW #forex
@robbooker haha...i'm married - you think she'll give it to me?! NO SHOT! Too funny, Rob. Trish completes pass of shirt to Todd for a 50-yard marriage happiness gain @toddgordonaspen
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