• Jul 18 - Forex in 60 Seconds - Citi Earnings Helps Carry, UK 2Q GDP Top Risk Next Week
• Jul 18 - A Carry Breakout A Matter Of Time As Earnings And Credit Crowds Headlines
• Jul 17 - Turkish Lira Hits 5-Month High As CBRT Hikes Rates To 16.75%
• Jul 18 - Euro Open: More Earnings, More Dollar Strength?
• Jul 17 - Forex in 60 Seconds - US Dollar, Equities Rally On JP Morgan Earnings, But Disappointing Google, Merrill Lynch News May Reverse The Moves On Friday
• Jul 18 - Euro SSI Extreme Eases After The Currency Fails To Take 1.60
• Jul 17 - Euro Open: Risk Trends to Continue Guiding Prices
• Jul 16 - Forex in 60 Seconds - Dollar Finds Relief In 17-Year High CPI Numbers
• Jul 16 - US CPI Rises At Fastest Annual Pace In 17 Years - Will the Fed Hike in Response?
• Jul 17 - Little Chance Of A Fed Hike This Year As The Market Crisis Deepens
• Jul 16 - Euro Open: Can CPI Force A Trichet Rate Hike?
• Jul 16 - US Fed: Will Throwing Money Around Solve the GSE Problem?
• Jul 15 - Forex in 60 Seconds - US Dollar Recovers From Record Low As Bernanke Remains Hawkish, Paulson Supports GSEs
• Jul 15 - Dollar Under Attack as EURUSD Hits Record High, GBPUSD at 2.00- Will Bernanke Save The Day?
• Jul 15 - Dollar Prepares Counterstrike Against the Majors
• Jul 15 - Euro Open: Can ZEW Break the Euro Rally?
• Jul 14 - Forex In 60 Seconds - Fear Of A Coming Financial Crisis Adds To Surprise Data For High Dollar Volatility
• Jul 14 - Currency Trading Market Conditions Difficult, Can the Euro Continue its Ascent?
• Jul 14 - Candlesticks See Dollar Selling Lose Momentum
• Jul 14 - 5 Key Events for the Forex Market This Week 07.14.08

Trading is the one of most lucrative and most challenging endeavors a person can undertake, it can be very rewarding both emotionally and financially. Traders always looks to profit from the move in the market, whether up or down, a trader is like a hunter, always on a lookout for that specific setup that has the highest probability of achieving profit targets.

Finding profitable trades presents constant challenge to both novice and experienced traders. As such we would like to welcome you to weekly chart analysis where charts are analyzed in detail, looking at both upside and downside scenarios. Please feel free to write us with any questions and suggestions that you may have at sshenker@fxcm.com

·  EUR/AUD continues to trade within a large channel that dominated the price action since end of 2005
· High probability setup points to a move toward Channel’s higher boundary
· Failure analysis points to a break below the Channel’s lower boundary