Author Archive

• AUDUSD Falling As Risk Off Trade In Charge
  gregmikefx, May 4th, 2011 at 12:13 pm, Comments: 0

  The weaker US data today is leading to risk off trade. Gold ($GLD) is falling.  Silver ($SLV) is falling. The flight into the JPY and [...]

• USDJPY Moves Lower On Weak ISM
  gregmikefx, May 4th, 2011 at 10:24 am, Comments: 0

  The low after the $USDJPY intervention day on March 18th 2011 came in at the 80.69 and this level has been breached. The move below [...]

• USDJPY tests lows post central bank intervention
  gregmikefx, May 3rd, 2011 at 9:29 am, Comments: 0

  The $USDJPY his testing the low from the post central bank intervention. The level comes in at 80.69 and the price has been knocking on [...]

• EURUSD Back Unchanged On The Day
  gregmikefx, May 3rd, 2011 at 9:23 am, Comments: 0

  The 1.4829 level was the closing level from yesterday and the $EURUSD is looking to test that level.  The midpoint of the move down from [...]

• GBPUSD Non-Trending In A 10-Pip Range
  gregmikefx, May 2nd, 2011 at 3:09 pm, Comments: 0

  The $GBPUSD has been non trending in a 10 pip range since  around 12:30 PM ET.  The non trending environment is typically a prelude to [...]

• USDCHF Trying To Recover
  gregmikefx, May 2nd, 2011 at 2:28 pm, Comments: 0

  The 5 minute chart above shows a floor trying to form in the $USDCHF. The price has support at  0.8625-29 area where Friday’s low and [...]

• USDCHF tests 38.2% Fibo retracement level
  gregmikefx, April 27th, 2011 at 10:56 am, Comments: 0

  The $USDCHF fell sharply in the early Asian session but has since enjoyed a trend-like move to the upside.  The step by step progression higher [...]

• A Far East Forex Commentary, Special Market Report
  gregmikefx, March 16th, 2011 at 11:17 pm, Comments: 0

  We discuss the effect of the nuclear reactor news in Japan and as well as the presence of the different types of risk present in [...]

• FOREX QUICK LOOK
  gregmikefx, March 3rd, 2011 at 10:52 am, Comments: 0

  Trichet comments push $EURUSD higher as he gives clearer indication that the ECB intends to tighten monetary policy in response to inflation pressures. Dollar stronger [...]

• FOREX QUICK LOOK
  gregmikefx, February 17th, 2011 at 9:05 am, Comments: 0

  $USDCHF continues to be safe haven currency as tension heats up in Bahrain and Iran moves ships through the Suez Canal. $USDCAD, $EURUSD, and $GBPUSD [...]