EURUSD: Price Stalls At Falling Trendline Resistance

The pair closed higher the past week but stopped short of breaking above its falling trendline. Our bias remains lower in the immediate term as long as EUR continues to hold below its short term falling trendline (red) and the 1.4534/76 levels. This will expose the 1.4014 level with a break below here targeting the 1.3837 level, its July 12'2011 low.http://www.ibtimes.com/articles/201320/20110821/eurusd-price-stalls-at-falling-trendline-resistance.htm


Bernanke and QE3

Expect Fed Chairman Ben Bernanke to use a speech at an annual central bank conference in Jackson Hole, Wyoming, next Friday to acknowledge his disappointment over the pace of growth, even downgrade his outlook, and explain which medicines left in the Fed's cabinet are best suited to fortify the economy.http://www.ibtimes.com/articles/201297/20110821/bernanke-and-qe3.htm


EUR/USD Weekly Review 21 Aug 11

Simultaneous Release at TheGeekKnows.com  Learn Forex Trading and read exclusive EUR/USD Reviews. Good day forex trading koalas. In the previous EUR/USD Weekly Review, we noted that both SMAs are flat. This suggested that any long term momentum might be a distant possibility. The long term SMA 200 laid right below the current price action of [.http://www.ibtimes.com/articles/201279/20110821/eur-usd-weekly-review-21-aug-11.htm

UFXBank – Forex Markets Week in Review -21-August-2011

Gold soared to a record above $1,880 an ounce in New York, rallying for the seventh straight week, as concern that the global economy is slowing drove equities to decline further. The precious metal finished the week up 6.03 percent versus the USD and was last trading at $1,851.68 per ounce.http://www.ibtimes.com/articles/201268/20110821/ufxbank-forex-markets-week-in-review-21-august-2011.htm

US Dollar Index: Weak, Broader Long Term Bias Points Lower

Outlook for the Index remains to the downside though consolidating off its recent low at the 72.69 level. The Index continues to maintain its long term downtrend as it looks to end the mentioned consolidation and then trigger its long term weakness now on hold.http://www.ibtimes.com/articles/201262/20110821/us-dollar-index-weak-broader-long-term-bias-points-lower.htm

USDJPY Trading, Intervention Possible

Growing volatility in global markets has raised investors' appetite for safe-haven currencies like the yen, pushing down the dollar to a record low against the Japanese currency on Friday. It bounced back above 76 yen after falling below its previous record low of 76.25 set in March.http://www.ibtimes.com/articles/201162/20110820/usdjpy-trading-intervention-possible.htm

GBPUSD: Risk Remains Higher. Eyes The 1.6587 Level

Outlook for GBP continues to point higher though hesitating after taking out the 1.6472 level, its Aug 01'2011 high.We are looking for a return above the 1.6587 level, its Aug 17'2011 high.http://www.ibtimes.com/articles/201160/20110820/gbpusd-risk-remains-higher-eyes-the-1-6587-level.htm

USDCAD: Consolidating With Upside Bias (Special Focus)

Though still consolidating, our bias remains higher towards the 1.0008 level, its Aug'2011 high. A clearance of the 1.0008 level will set the stage for further strength towards the 1.0056 level, its Jan'2011 high.http://www.ibtimes.com/articles/201159/20110820/usdcad-consolidating-with-upside-bias-special-focus.htm

Trade to Win!

“If I can’t do it myself, how am I supposed to help others?” – Clem Chambers Hello: The first few years of many traders are a series of spectacular vicissitudes. They risk big (You risk big when you use large position sizing. It doesn’t matter whether or not your entry method is correct. Low risk [.http://www.ibtimes.com/articles/201122/20110820/trade-to-win.htm

EURUSD Weekly Summary: A simple lesson on MACD on trending and non-trending market

The EURUSD had another volatile but insignificant movement this week. There are no changes in my technical outlook where price is still in consolidation phase. A boring and trendless market especially in the last four weeks that really test our patience. Since there is no new technical development, I want to talk a little bit [.http://www.ibtimes.com/articles/201008/20110820/eurusd-weekly-summarysimple-lesson-on-macd-on-trending-and-non-trending-market.htm