Archive for January, 2010

• What are we looking at?
  kevinmhughes, January 31st, 2010 at 10:30 am, Comments: 0

  Last week, the $USDX made an impressive rally! We closed at 1.3861 on the $EURUSD where it opened the week at 1.4146. It rallied (if that’s what you want to call it) to 1.4191 before turning around and plummeting to Friday’s close.

• The calm before the storm…
  kevinmhughes, January 26th, 2010 at 3:11 pm, Comments: 0

  Today was somewhat of a boring day. There were some moves that created some urgency, but were short lived.

• Oh what a night!
  kevinmhughes, January 26th, 2010 at 5:39 am, Comments: 0

  It’s been for the most part a wild ride in the currency markets since Asia. We’ve seen the $USDX strengthen nearly 100 pips on against the $EUR & $GBP ($EURUSD $GBPUSD) as the commodity countries: $CAD $NZD $AUD ($USDCAD $AUDUSD $NZDUSD).

• Spotlight On GBP/USD This Week
  faithmight, January 26th, 2010 at 2:42 am, Comments: 0

  I really like the way the $GBPUSD has been developing since the beginning of the year. I have been bullish the pair since the new [...]

• GBPUSD tests 200 day MA (and other resistance) and comes off
  gregmikefx, January 25th, 2010 at 8:11 am, Comments: 0

  Overnight the GBPUSD tested the 200 day MA at the 1.6175 level today (high 1.6173).   This is a key level to hold and will continue [...]

• $EURUSD pushes back above the 100 hour MA today
  gregmikefx, January 25th, 2010 at 7:49 am, Comments: 0

  The EURUSD pushed above the 100 hour MA today, continuing the correction started last Thursday. The price moved above the level for the 1st time [...]

• GBPUSD falls in early NY trade after corrective move earlier. Yesterdays low tested
  gregmikefx, January 22nd, 2010 at 7:48 am, Comments: 0

  The GBPUSD corrected to the 200 and 100 hour moving average area in the 1st half of the new trading day today, and that gave [...]

• Afternoon Highlights
  alaidi, January 21st, 2010 at 2:33 pm, Comments: 0

• The EURUSD is correcting early NY trade
  gregmikefx, January 21st, 2010 at 8:04 am, Comments: 0

  The EURUSD has moved up sharply in early NY trade after selling off to the lowest level since July 2009 in the London trade. That [...]

• EURUSD tests the 38.2% retracement of 2009 Low to high range
  gregmikefx, January 20th, 2010 at 7:58 am, Comments: 0

  The EURUSD is down testing the 38.2% retracement of the 2009 low to high range this morning at the 1.4117 level after another down day [...]