English
Français
Deutsch
Español
ελληνικά
العربية
中文
Dansk
Forex Analyst Picks & Strategies for
My Picks: long USD against CHF, GBP, NZD |
|
Updates for this morning... A USDCHF move towards at leats 1.0100 is probably underway and the market is responding well to .9640 support. Several days of sideways action is welcomed by this bull...in order to increase positioin size with a tigher stop. If price can hold above Monday's low for all of Tuesday, then expect to increase long exposure for the next run. The GBPUSD is nearing possible support from 1.5127 but given picture bearishness from the 4 year triangle break in February, one should just let the downside play out. Stops from Thursday's 1.5315 short entry is moved to 1.5285. LET IT RUN. New NZDUSD shorts are working and the downside is significant. Have yet to return to the AUDUSD short side as was looking for .9860 entry (last night's high was .9840). Will see what happens Tuesday before making a decision. Follow me on Twitter @JamieSaettele Email List (Technicals sent in PDF form once a day) Breakout Trading System (current conditions are favorable for USD crosses) |
Trading Log
| Symbol | Direction | Status | Entry | Stop | Target | Date | Analyst |
|---|---|---|---|---|---|---|---|
| USD/JPY | long | EXIT | 100.07 | CLOSED at 102.00 for net-gain +193-pips | 05/09/13 | Christopher | |
| GBP/USD | short | ACTIVE | 1.5533 | close > 1.5533 | below 1.5195 | 05/03/13 | Ilya |
| AUD/USD | short | EXIT | 1.0150 | CLOSED at 0.9860 for net-gain +220-pips | 05/09/13 | Christopher |
Today's Forex Trading Tips & Ideas
RSSGBPUSD Triggers 1.5127 Target- Cautiously Bearish Below 1.53
The pound has now achieved the third objective cited last week and the risk of a near-term pullback has our scalp bias at risk above 1.5127. Here are the key levels. RSSUSD/JPY Erases Losses as Amari Retracts Yen Comments; GBP Weakest
The Dow Jones FXCM Dollar Index (Ticker: USDOLLAR) has erased nearly all of its losses yesterday, on the back of a weaker British Pound and Japanese Yen. RSSGBP/USD- Trading the U.K. Consumer Price Report
The British Pound may struggle to hold its ground ahead of the Bank of England (BoE) Minutes should we see a marked slowdown in U.K. inflation. RSSAnalysis: Downtrend Resumption in EUR/GBP?
Trading the cycle turn in EUR/GBPLatest Topics in the Forex Trading Forums
|
Discuss GBP and JPY Pairs by yuriagpalo Today at 00:30 |
Elliott Wave Trading Discussi... by sayv Today at 00:27 |
Discuss GBP and JPY Pairs by Paul Chin Yesterday at 23:08 |
EURUSD H1 2013 by tradetime Yesterday at 21:10 |
| Currency | Central Bank Rate | Overnight Rate |
|---|---|---|
 aud |
2.75% | 2.93% |
 nzd |
2.50% | |
 eur |
0.50% | 0.02% |
 cad |
1.00% | 0.99% |
 gbp |
0.50% | 0.48% |
 usd |
0.25% | 0.15% |
 chf |
0.00% | -0.00% |
 jpy |
0.10% | 0.10% |
| Symbol | Roll S | Roll B |
|---|---|---|
| EUR/USD | 0.03 | -0.14 |
| USD/JPY | -0.04 | 0.01 |
| GBP/USD | -0.12 | 0.06 |
| USD/CHF | -0.12 | 0.05 |
| EUR/CHF | -0.06 | 0.01 |
| AUD/USD | -0.93 | 0.44 |
| USD/CAD | 0.16 | -0.34 |
| NZD/USD | -0.79 | 0.36 |
| EUR/GBP | 0.08 | -0.25 |
| EUR/JPY | 0.0 | -0.02 |
| GBP/JPY | -0.22 | 0.1 |
| CHF/JPY | 0.02 | -0.06 |
