Archive for October, 2009

• The Dollar and the Dow: Everything is Conditional
  ragheehorner, October 18th, 2009 at 6:53 pm, Comments: 0

  The fate of the U.S. Dollar ($USD) rests on traders’ reaction at the 10,000 and 9,900 levels on the Dow.  Here I have the Dow [...]

• Identifying Support on the Short Term $USDJPY
  ragheehorner, October 15th, 2009 at 9:27 pm, Comments: 0

  The 30 minute chart of the $USDJPY has formed a Continuation Channel Up formation and is currently sitting on the support of the pattern’s uptrend [...]

• Dollar selling continues and sends USDCHF back down. Bias down but watch the volatility.
  gregmikefx, October 15th, 2009 at 11:34 am, Comments: 0

  The USDCHF had a nice rally to the upside on the back of the bounce back above support at 1.0135 area (key levels going back [...]

• GBPUSD has trended higher today. Short term MA support bounce helps the tone.
  gregmikefx, October 15th, 2009 at 11:11 am, Comments: 0

  The GBPUSD has trended higher today on the back of a sharp selloff in the EURGBP and some chatter that the on again, off again [...]

• EURUSD rebounds from overnights sharp selloff. Tests yesterdays close
  gregmikefx, October 15th, 2009 at 10:49 am, Comments: 0

  Yesterday the EURUSD closed at 1.4924.  The move back up off the low today has reached 1.4924.  Look for the level to attract sellers. If [...]

• October 14th 2009 Evening Forex Report is available for viewing
  gregmikefx, October 14th, 2009 at 5:37 pm, Comments: 0

  To access the FXDD Evening Video, click on the following link: CLICK HERE TO ACCESS THE FXDD EVENING COMMENTARY Thank you and have a great [...]

• USDCHF also tested key support, failed and bounced
  gregmikefx, October 14th, 2009 at 2:37 pm, Comments: 0

  The USDCHF moved through support at the 1.0135 level – reaching a low of 1.0128 – but like the EURUSD, was quickly reversed (see prior [...]

• Failing on the break….
  gregmikefx, October 14th, 2009 at 2:17 pm, Comments: 0

  The EURUSD triggered stops above the 1.4932 level moving to a high of 1.4946, but  could not sustain the upside.  The move back below 1.4932 [...]

• USDCAD remains below key resistance at 1.0296
  gregmikefx, October 14th, 2009 at 2:08 pm, Comments: 0

  The USDCAD has stayed below the key 1.0296 level on a closing basis for the last 16 trading hours.  The level corresponds to a key [...]

• EURUSD approaches resistance at 1.4932
  gregmikefx, October 14th, 2009 at 1:45 pm, Comments: 0

  The EURUSD has moved back higher, and with the move a reminder of the topside resistance at the 1.4932 is in order.  The move higher [...]