Trending Markets and the Ideal Entry Price
From time to time, the FX-market will create a trending market environment, perhaps as the result of a disparity in interest rates among the two currencies within the pair traded. When this trend occurs, it may be in our best interest to simply align our own trading account in the…

Technical Analysis for Crosses
Trading for the pair is still trapped around the 50% fibonacci forrection for the upside wave that started on March 16, 2008 that lasted until July 20, 2008. Three days ago, the pair attempted to breach the mentioned level but the 159.90 support was able to help the pair rebound…

Forex Technical Analysis
EUR/USD is in а downtrend from 1.6039 (15 July 2008). Technical indicators are descending and trading is situated below the 50- and 200-Day SMA, currently projected at 1.5428 and 1.5231.

FX Thoughts for the Day
GBPUSD just as was expected earlier in the day, remained within the trading range of 1.8350-1.8250 during the day. From here, the day ahead could see the pair continuing to trade within the range itself, provided the US data scheduled for release does not deviate from the expectation. To follow…

Dean’s FX 28

FX Thoughts for the Day
GBPUSD just as was expected earlier in the day, remained within the trading range of 1.8350-1.8250 during the day. From here, the day ahead could see the pair continuing to trade within the range itself, provided the US data scheduled for release does not deviate from the expectation. To follow…

Daily Technical Strategist
GBP weakened for a fourth day in a row since breaking below its range,printing a new two-year plus low at 1.8238 on Thursday. It is now attacking its descending triangle breakout price target at 1.8274 where a convincing break and close below it should clear the way for additional decline…