Forex Signals

The trouble with normal is it always gets worse. ~ Bruce Cockburn Good morning. Euro trades lower today, before European leaders meet in Brussels to discuss the region’s debt crisis and sign off a permanent rescue fund for the eurozone. Here’s a couple of charts to start the week with: USD Index Former support around 79.50 [...]

Grece is back in the spotlight this week. The negotiations with privat investors on a greek haircut was put on hold Friday.
Senior Strategist Ib Fredslund Madsen takes a look at the week ahead.
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Video courtesy of en.jyskebank.tv

“Doubt is not a pleasant condition, but certainty is absurd.” ~ Voltaire Good morning. A fresh multi-month low has been reached by EUR against USD at $1.2665 before pulling back to $.12720 at time of writing. Angela Merkel and Nicolas Sarkozy meet today in Berlin to finalise a deal to increase fiscal coordination and discuss ways to boost growth in [...]

After touching 1.0378 resistance, AUDUSD pulled back from 1.0385, however, the fall from 1.0385 would possibly be consolidation of uptrend from 0.9861. Key support is now located at the lower line of the price channel on 4-hour chart, as long as the channel support holds, we’d expect uptrend to resume, and one more rise towards [...]

The Aussie (AUD) has moved back to 3-week highs vs. USD as risk appetite has increased to start 2012. Recent economic data has been positive for the global economy and this bodes well for the Aussie as the likelihood of carry trades picks up.
Looking at the chart below, 1.0330 had served as short-term resistance and [...]

Well for all of the recent fear emanating form the Euro zone because of the debt crisis and the recent sell-off that has occurred, the Euro is right back to where we started 2011.  As Yogi Berra would say, “deja vu all over again!”
But seriously, despite the wild ride that has occurred we are right [...]

The Australian dollar “Aussie” has moved back to parity with USD in a sign of things to come.  The markets have been on edge for some time due to the Euro debt crisis but are looking for a “Santa Claus” rally into the close of the year.  With the EU Finance Minister meeting taking place [...]

Being contained by 1.0265 resistance, USDCAD pulled back from 1.0222. However, the fall is treated as consolidation of uptrend from 0.9891, another rise towards 1.0400 is still possible after consolidation. Support is at 1.0100, only breakdown below this level could indicate that a cycle top has been formed at 1.0222 on 4-hour chart, then deeper [...]

Energy M&A: The Natural Gas Bulls Are Back in Town
by Justin Dove, Investment U Research
Tuesday, October 18, 2011

Kinder Morgan’s (NYSE: KMP) $33-billion takeover of El Paso Corp. (NYSE: EP) is just one of a flurry of recent mergers and acquisitions in the energy sector.
Statoil (NYSE: STO) also took over Brigham Exploration (Nasdaq: BEXP) on Monday, [...]