Eye On The Yen

7. March 2010

After dipping below the 89 level against the Dollar rumors over BoJ stimulus pushed the Dollar Yen trade above the 90 mark once again. Ahead of the Japanese GDP figures investors are betting Japanese growth will be revised downwards from the preliminary figure of 4.6% YoY published in February as capital expenditures, one of the [...]

Yen and Dollar gain as Forex unrest dominates

25. February 2010

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Nervousness in the Forex market resumed as dented US home sales and the Fed’s exit scheme weighed on the Fed’s pledge to low rates. Yesterday the Fed Chairman Ben Bernanke gave his Semi-Annual testimony to Congress. The Fed chairman outlined the move last week to raise the discount rate to 0.75% was strictly a move [...]

Yen bears around the corner

15. February 2010

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eToro News The Japanese Yen is currently hovering around the 90 level against the Dollar after several days of decline. At the beginning of the month the Japanese currency dipped below the 90 level as fears over economic stability loomed, however as more signs of recovery from Japan began to emerge downside momentum eased and the [...]

China and the FX market

24. January 2010

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China’s growth is mainly dependent on exports with a trade balance of around $200Bn a year each swing in western demand effects on Chinese growth.Last year with the credit crisis in its climax Chinese exports have slumped and with it Chinese unemployment surged and growth slowed.However since in China political stability is in direct link [...]

Double dip risk in Japan Still loomes

30. December 2009

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Recovery driven by Exports- In the third quarter Japan was able to slowly move into the recovery path with Q3 GDP rising 0.3% QoQ and industrial production stabilizing. The stabilization is mainly attributed to demand for Japanese exports which rebounded strongly. Japanese exports have lately shifted more and more towards Asian partners lead by China [...]

The FX Buzz

30. November 2009

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The FX Buzz Last week ended with a rather negative tone as debt problems in Dubai caused worries over the economic recovery to refloat once more but most importantly it spurred rumors there is more Dubai like bubbles awaiting to be burst. It seemed that the positive sentiment which fed markets only a few days before [...]

Trading Idea

29. October 2009

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Technical Analysis USD/CAD Trend- Bearish Scenario- After encountering strong resistance around 1.09 the Pair will move again towards the bearish zone under 1.06 to retest the 1.02 low. A break of the 1.02 low would mark 1 as the next target Advisable Stop loss zone - Above 1.14 Target1- 1.02 Target2- 1 What would invalidate the Scenario: A daily close above 1.14 [...]

Trading Idea

9. September 2009

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Trading Idea USD/JPY Daily The bearish momentum which began around the 100-101 level might be leveling out. Since January the pair has failed to breach the 91 support. By examining the bearish trend line it is evident the strength of the bearish momentum is fading. The stochastic indicators which are currently at lows for a record period [...]

Trading Ideas

18. August 2009

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Trading Ideas GBP/JPY DAILY GBP/JPY has been moving in an uptrend since the beginning of the year. The bullish cycle that initiated in mid-May stalled just above 162 and the cross headed downwards being supported by the long-term trend line. The recent bullish cycle encountered selling pressure at 163 but the cross was able to set a [...]

The GDP Morning View

23. April 2009

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Today is a good test day for GBP USD and a lot of volatility is expected . The critical announcement is GDP and the background of budget is going to make it even more critical. The difficult part for GBP USD these days is that quite a lot of economic indicators are painting a mixed [...]

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Eye on the Yen

Yen and Dollar gain as Forex unrest dominates

Yen bears around the corner

China and the FX market

Double dip risk in Japan Still loomes

The FX Buzz

Trading Idea

Trading Idea

Trading Ideas

The GDP Morning View

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