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06.02.2012 Daily Technical Report – Forex Pros


06.02.2012 Daily Technical Report
Forex Pros
By MIG BANK | Forex | Feb 06, 2012 02:21PM GMT EUR/USD has activated a reversal beneath key resistance at 1.3250 (38.2% Fib-Jan/Oct decline). Further compounded bearish pressure remains from the recent candle pattern and intraday DeMark™ signals.

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February 6, 2012
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EUR/USD Ready for Another Bull Run After a Double-Three Correction – Int’l Business Times

and a declining trendline seen in daily charts. To gain free access to webinars to discuss risk and trade management as well as the fundamental backdrop for this pair, register at here at IBTrade. Fan Yang CMT is a forex trader, analyst ...
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European stocks remain lower, focus on Greece; DAX down 0.19% – Forex Pros


European stocks remain lower, focus on Greece; DAX down 0.19%
Forex Pros
All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading ...

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February 6, 2012
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Weekly Technical Crosses Analysis: EUR/CHF, EUR/GBP, AUD/USD, USD/CAD, NZD/USD – FXstreet.com


FXstreet.com

Weekly Technical Crosses Analysis: EUR/CHF, EUR/GBP, AUD/USD, USD/CAD, NZD/USD
FXstreet.com
by FXEmpire.com Analysis Team - FXEmpire.com | View company's profile FXEmpire.com offers daily analysis, up-to-date news, charts, in-depth technical studies and a massive Forex brokers section. The EUR/CHF pair had a bullish week after falling much of ...
Forex - US dollar stronger on persistent Greek worriesForex Pros

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February 6, 2012
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Forex – USD/JPY steady as markets alert for intervention – Forex Pros


Forex - USD/JPY steady as markets alert for intervention
Forex Pros
By Forexpros | Forex News | Feb 06, 2012 08:18AM GMT Forexpros - The US dollar was steady against the yen on Monday, as Friday's strong US employment data supported the greenback, but markets remained on alert for any signs of a yen weakening ...

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February 6, 2012
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FX Thoughts for the Week – Action Forex


FX Thoughts for the Week
Action Forex
While below this Resistance level, we see a threat on the charts of seeing a fall to 0.8800. Support is seen at 0.9075 and a strong break below this Support level would trigger this fall. On the upside we see series of Resistances in the broad ...

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Troika reports ‘catastrophic conditions’ in Greece, Bild says – ForexLive (blog)


Troika reports 'catastrophic conditions' in Greece, Bild says
ForexLive (blog)
But nonetheless, they got excellent forex charts on the lower half of their frontpage, which I check out daily at the coffestop. Merkel, Sarkozy to hold joint press conference at 11:45 GMT. Deadline for Greece to decide on EU/IMF bailout terms is 10 ...

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Forex – AUD/USD drops on retail spending data – Forex Pros


Forex - AUD/USD drops on retail spending data
Forex Pros
By Forexpros | Forex News | Feb 06, 2012 03:46AM GMT Forexpros - The Aussie dollar fell against its US counterpart early Monday after weaker-than-expected retail sales numbers took the wind out of the currency's recent strengthening trend.

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Daily Forex Update: EUR/NOK – Action Forex


Daily Forex Update: EUR/NOK
Action Forex
EUR/NOK has recently completed the high Quality Descending Triangle chart pattern identified by Autochartist on the 240- minute charts. Autochartist rates the overall Quality of this chart pattern at the 8 bar level as a result of the average Initial ...
Autochartist - Weekly Forex Update: GBP/JPYInternational Business Times

all 6 news articles »
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Forex – Dollar firms as Greek concerns brew – Forex Pros


Forex - Dollar firms as Greek concerns brew
Forex Pros
By Forexpros | Forex News | Feb 06, 2012 03:14AM GMT Forexpros - The greenback firmed against the world's major currencies on Monday, as a deadline approached for Greece to accept austerity measures in exchange for EU financial assistance, while strong ...

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Asian stocks rally on US jobs data; Nikkei up 1.06% – Forex Pros


Asian stocks rally on US jobs data; Nikkei up 1.06%
Forex Pros
All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading ...

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February 6, 2012
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Autochartist – Weekly Forex Update: GBP/JPY – International Business Times


Autochartist - Weekly Forex Update: GBP/JPY
International Business Times
By Dima Chernovolov GBP/JPY continues to advance inside the Uniform Triangle chart pattern identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this chart pattern at the 4 bar level which reflects the following ...

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OPTIONS PLAY: THE CANADIAN DOLLAR IS ON THE MOVE – Inside Futures


OPTIONS PLAY: THE CANADIAN DOLLAR IS ON THE MOVE
Inside Futures
See daily chart below. Technically, this daily chart below depicts the inverse relationship between both the USD Dollar Index Futures and the Canadian Dollar Futures. In my opinion, it is clear that they move in opposite directions based on this daily ...

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Forex – EUR/USD weekly outlook: February 6 – 10 – Forex Pros


Forex - EUR/USD weekly outlook: February 6 - 10
Forex Pros
By Forexpros | Forex News | Feb 05, 2012 03:19PM GMT Forexpros - The euro was moderately higher against the US dollar on Friday, paring some of the week's losses as sentiment improved after positive US employment data, but gains were limited by ...

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February 5, 2012
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Forex – AUD/USD weekly outlook: February 6 – 10 – Forex Pros


Forex - AUD/USD weekly outlook: February 6 - 10
Forex Pros
By Forexpros | Forex News | Feb 05, 2012 12:39PM GMT Forexpros - The Australian dollar rose to a six-month high against its US counterpart on Friday, after positive US employment data boosted demand for riskier assets. AUD/USD hit 1.0793 on Friday, ...

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February 5, 2012
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How to Get Started with Price Action Trading – DailyForex.com


DailyForex.com

How to Get Started with Price Action Trading
DailyForex.com
The first thing a trader interested in Price Action trading needs to do is take of all the indicators and clean up his or her chart. Indicators tend to make Forex charts look very messy and to hide the most important part of the chart - the price!

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February 5, 2012
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Markets Overview: New Uptrend Highs – Forex Pros


Markets Overview: New Uptrend Highs
Forex Pros
Our weekly chart is now displaying a quite overbought RSI, plus the MACD is rising and above neutral. Additional signs of bull market activity. Our count from the Supercycle bear market low in March 2009 at SPX 667 remains unchanged.

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February 5, 2012
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Forex – Weekly outlook: February 6 – 10 – Forex Pros


Forex - Weekly outlook: February 6 - 10
Forex Pros
By Forexpros | Forex News | Feb 05, 2012 09:52AM GMT Forexpros - The US dollar was boosted on Friday, after stronger-than-forecast US employment data dampened expectations that the Federal Reserve will implement fresh monetary easing measures to ...

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February 5, 2012
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Forex – Dollar mixed on jobs data, European jitters – Forex Pros


FXstreet.com

Forex - Dollar mixed on jobs data, European jitters
Forex Pros
By Forexpros | Forex News | Feb 03, 2012 07:31PM GMT Forexpros - The dollar was mixed against the world's major currencies, as stronger-than-expected unemployment figures released Friday fueled sentiments that the Federal Reserve is less likely to ...
CAD/JPY Shows Respect of Rising Trendline; Watch USD/JPY and OilInternational Business Times

all 194 news articles »
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An hour a day is all you need to successfully trade – – CountingPips (blog)


An hour a day is all you need to successfully trade –
CountingPips (blog)
With the advances in technology and easily accessible information, the forex market has seen a surge in the number of participants in recent times. A laptop or desktop PC with an internet connection is all that's required to trade the markets.

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