Euro Crosses: Rallies Could Accelerate (Daily FX via Yahoo! Finance)

-euro / British Pound resistance begins at .9155 -EURCHF and EURCAD appear most bullish -EURAUD and EURNZD could correct significantly lower before resuming uptrends Read more….

Canadian Dollar Holds Up Despite Dismal US Economic Data (Daily FX)

The Canadian dollar was one of the few currencies to finish marginally higher against the US Dollar through past week’s trade. Read more….

Canadian Dollar Holds Up Despite Dismal US Economic Data (Daily FX via Yahoo! Finance)

The Canadian dollar was one of the few currencies to finish marginally higher against the US Dollar through past week?s trade. A steady stream of bearish US and Canadian economic data would have normally been enough to sink the CAD, but the Loonie held firm even in the face of Crude Oil price declines. Read [...]

A Decade Later, Euro Zone Dreams Become Nightmares (New York Times)

For some euro countries, the unified currency has turned into a nightmare, raising the risk that a euro country may declare bankruptcy or abandon the currency. Read more….

Trading the Cad

The Cad has a unique trading style, moving only one third of the trading day, during the U.S. session. For the rest of the time, the pair tends to hover around a price level, be it the neutral pivot point, a moving average or a support/resistance level. Lately, however, the… Read more….

A Practical Guide to Technical Indicators: Part 1 Moving Averages

Over the past decades, attempts have been made by traders and researchers aiming to find a reliable method to predict next action of the securities. As a result we have a variety of different fundamental and technical analysis methods and many theories today that really work. For the first pace… Read more….

Forex Sentiment Forecasts further Japanese Yen and US Dollar Strength (Daily FX via Yahoo! Finance)

EURUSD – Euro Forecast Unclear on Indecisive Forex Positioning USDJPY – US Dollar Predicted to Lose Further Against Japanese Yen GBPUSD – British Pound Outlook Remains Bearish Against US Dollar USDCHF – Forex Sentiment Gives Little US Dollar/Swiss Franc Bias USDCAD – Canadian Dollar Forecast Unclear Against US Dollar Read more….

www.ONN.tv Currency Analyst Kevin Cook on the British Pound Breaking Down (Business Wire via Yahoo! Finance)

CHICAGO—-On his Thursday morning edition of “FX Overnight,” currency market professional Kevin Cook looked at the break down of the British pound sterling to multi-decade lows. This was an event that he had been watching unfold for several months during the credit crisis and global economic recession. Read more….