DailyFX -

Dollar at Risk of Fresh Plunge as Dow Moves to Test Multi-Year Highs

John Kicklighter, Currency Strategist — Sat, 04 Feb 2012 03:34:00 GMT

Though the dollar ended Friday in the red, its performance was too bad. A sharp correction of intraday gains for the Dow Jones FXCM Dollar Index would leave the benchmark in the red, but it nevertheless ended well off the week’s lows.

Forex Trading Weekly Forecast - 02.06.2012

Sat, 04 Feb 2012 02:54:00 GMT

Japanese Yen Outlook in Disarray as Greek Fiasco Beckons Intervention

Ilya Spivak, Currency Strategist — Sat, 04 Feb 2012 02:46:00 GMT

US Dollar Risks Collapse on Dow Surge…If this is a True Risk Rally

John Kicklighter, Currency Strategist — Sat, 04 Feb 2012 02:14:00 GMT

Euro Fails to Crack $1.32 – Greek Tragedy Enters Final Act

Christopher Vecchio, Currency Analyst — Sat, 04 Feb 2012 00:53:00 GMT

British Pound To Reverse Course As BoE Expands QE

David Song, Currency Analyst — Sat, 04 Feb 2012 00:51:00 GMT

Gold Fails to Break December Highs - Bearish Tone

Michael Boutros, Currency Strategist — Sat, 04 Feb 2012 00:49:00 GMT

Australian Dollar At Risk Of Major Selloff Amid RBA Rate Cut

David Song, Currency Analyst — Sat, 04 Feb 2012 00:47:00 GMT

When Will the Kiwi’s Remarkable Run End? Now.

Christopher Vecchio, Currency Analyst — Sat, 04 Feb 2012 00:46:00 GMT

AUDUSD and Dow Clear Resistance Post NFPs, EURUSD Anchored

John Kicklighter, Currency Strategist — Fri, 03 Feb 2012 23:07:00 GMT

The breakout potential heading into this past week didn't disappoint. With an NFPs figures to focus speculative interests, the swell in volatility fell in line with the prevailing trend and led the Dow Jones Industrial Aaverage to its highest close in years while AUDUSD overtook the tentative 1.0750 triple top.

Feb 3 Non Farm Payrolls - Live Trading Room

Michael Boutros, Currency Strategist — Fri, 03 Feb 2012 22:49:00 GMT

Watch Michael Boutros's lvie coverage of the February 2012 US Employment Situation Report.

New Zealand Dollar Current Technical Condition Similar to 2007

Jamie Saettele, CMT, Sr. Technical Strategist — Fri, 03 Feb 2012 21:52:00 GMT

The impressive NZDUSD rally since mid December has resulted in a technical condition similar to the one that preceded the nearly 1500 pip August 2007 decline.

High Reward/Risk Breakout Trades on Yen Crosses

Jamie Saettele, CMT, Sr. Technical Strategist — Fri, 03 Feb 2012 21:07:00 GMT

Recently trading at multi year lows, the Yen crosses show signs of turning the corner.

Blow-Out NFPs Fuel Risk Rally- USD Resilient as QE Bets Subside

Michael Boutros, Currency Strategist — Fri, 03 Feb 2012 17:06:00 GMT

The greenback is mixed on the day but remains well supported after NFPs topped estimates with the unemployment rate falling to 8.3%. Here are the key levels to watch on the AUDUSD and the USDJPY.

USD Index To Breakout Of Downward Trend, AUD Outlook Weighed By RBA

David Song, Currency Analyst — Fri, 03 Feb 2012 17:00:00 GMT

The greenback is struggling to hold its ground during the North American trade, with the Dow Jones-FXCM U.S. Dollar Index paring the advance to 9,760, but we should see the greenback appreciate further next week as the recent developments coming out of the world’s largest economy dampens the prospects for additional monetary support.

Guest Commentary: Gold & Silver Daily Outlook 02.03.2012

Lior Cohen, Energy Analyst for Trading NRG, — Fri, 03 Feb 2012 16:19:00 GMT

Gold and silver continued their upward trend of recent weeks as they have slightly advanced again during yesterday's trading. This rally might change direction, depending on the upcoming results of the U.S. payroll report, which will be published today; the current expectations are it will show growth in non-farm employment of 170-250 thousand.

Guest Commentary: MarketVisionTV.com - Will you be SHAFTED by the Euro Today?

Ed Matts, MarketVisionTV.com, — Fri, 03 Feb 2012 15:10:00 GMT

The Euro continues to beg the consolidation top versus trend continuation question.. by remaining within the 1.3025-1.3235 range. But it has also provided half the answer..as the consolidation has developed all the characteristics of a classic triangle. Five 3 legged moves pretty much with classic relationships to each other 61.8%.. all demonstrating the same shift or shaft in sentiment (SHAFT Triangle -> Surprise Hope Anger Frustration and Tedium). All suggesting that the triangle has ended at 1.3115 and that the Euro is poised to spike higher through 1.3120-35 to..where? Two triangle objectives firstly the distance of A 195 point from E is 1.3310 and 50% from 1.3235 projects 1.3335. As this fades the 1.34 region then we should a classic triangle thrust reversal back to the apex of 1.3115. But triangles sometimes reverse trend.. a loss of 1.3025 would equally SHAFT the market to 1.2930.
Further videos and commentaries are available from www.marketvisiontv.com or @EdMatts on Twitter

Guest Commentary: MarketVisionTV.com - Will you be SHAFTED by the Euro Today?

Ed Matts, MarketVisionTV.com, — Fri, 03 Feb 2012 15:10:00 GMT

The Euro continues to beg the consolidation top versus trend continuation question.. by remaining within the 1.3025-1.3235 range.

Commodity Currencies Surge as U.S. Economy Adds 243K Jobs in January

Christopher Vecchio, Currency Analyst — Fri, 03 Feb 2012 14:47:00 GMT

The U.S. Dollar took a hit following the January jobs report data, which showed the U.S. unemployment rate dropped to 8.3 percent. However, the Greenback’s weakness is a short-term phenomenon, as the print dampens the need for more easing by the Federal Reserve.

Jamie’s Pick: 02/03/12

Jamie Saettele, CMT, Sr. Technical Strategist — Fri, 03 Feb 2012 14:37:00 GMT

Stocks Spike to 2012 Highs on NFP; Euro…Falls?

Jamie Saettele, CMT, Sr. Technical Strategist — Fri, 03 Feb 2012 14:35:00 GMT

The EURUSD has traded sideways for 6 days now. An eventual break targets 13400 (upside break) and 12900 (downside).

U.S. Dollar Reversal Underway, Euro Eyes 23.6% Fib

David Song, Currency Analyst — Fri, 03 Feb 2012 14:25:00 GMT

The better-than-expected Non-Farm Payrolls report propped up the U.S. dollar on Friday, and the reserve currency may continue to recoup the losses from the previous month as the development dampens the prospects for additional monetary support.

US NFPs and Ongoing Eurozone Developments to Dictate Trade

Joel Kruger, Technical Strategist — Fri, 03 Feb 2012 11:32:00 GMT

Overall, price action this week has been uneventful for the Euro, with the market confined to a round of consolidation. But this could soon come to an end with today’s event risk…

Looking to Buy USD/JPY

Joel Kruger, Technical Strategist — Fri, 03 Feb 2012 11:01:00 GMT

EURUSD: Possible Top Set Below 1.3231

Ilya Spivak, Currency Strategist — Fri, 03 Feb 2012 11:01:00 GMT