Forex Signals

The man who has confidence in himself gains the confidence of others. ~ Hasidic Saying Good morning. Dollar continues to fall as stocks recover, hence risk currencies, including EURUSD, are following stocks higher. Here are some of today’s interesting charts USD Index Support around 79.50 is in focus as dollar’s decline continues. That is probably a [...]

Gold Strength Seen During The Week But Capped On Profit Taking
Click here for the full article:  Gold strength On Flight To safety
Gold fell 1 percent during the final day of the week as the dollar gained across the board versus the other majors on a flight to liquidity.  This came after the rumours regarding a potential credit [...]

The markets giveth and then taketh away.  Yesterday’s gains in risk assets have been erased as the markets are trading lower on renewed fears over the Euro debt crisis.  While nothing “new” has materialized between yesterday and today, this goes to show the awesome effect of the debt crisis on global markets.
News out of Europe [...]

When we ask for advice, we are usually looking for an accomplice. ~ Marquis de la Grange Good morning. Short-term trends of several currency pars have been derailed yesterday – or rather delayed – by the coordinated central banks intervention. For those of you who’ve been busy doing something else and missed the news, now wondering [...]

Quote of the day: “For every action there is an equal and opposite government program.” ~ Bob Wells Good morning. Today is an important day for the euro, as EU leaders are meeting in Brussels to continue negotiations on an agreement to deal with the euro-zone crisis. The euro holds gains around $1.3900, not much changed [...]

Quote of the day: “When the water reaches the upper level, follow the rats.” ~ Claude Swanson Good morning. The euro still holds gains trading in a narrow range a few points below Monday’s top near $1.3700. Overall short-term sentiment is bullish as long as the pair  holds above 1.3500. Recent intraday pullbacks towards 1.3575/00 have [...]

XAU/USD 7/9/11
Gold has dropped today as global equity markets rallied and a “risk on” sentiment prevailed.  Our analysis yesterday called for a short term drop after a new record Gold price high was printed and the RSI 14 formed a divergence on the daily chart.  The CME’s recent increase in Gold trading margins could also [...]

Source: ForexYard

A sudden surge in crude oil values yesterday brought about resurgence in a recently-weakened Russian ruble (RUS). The value of the RUS was brought down by strong dips in global stocks last week as traders sought the safety of more stable currencies. The US dollar (USD) was making strides against the RUS, but this [...]

Quote of the day: “Think like a man of action, act like a man of thought” - Henri Bergson Good day all. The euro is up across the board as European leaders eased the terms of loans for countries in trouble and expanded the aid for Greece. In case you missed it – yesterday I shared [...]

By TaipanPublishingGroup.com

Over the past few weeks, we’ve seen just how volatile the financial market can be… Huge swings, like when the Dow dropped more than 672 points in 2 1/2 weeks, can throw a wrench in even the best-laid investment plans.
You’ve heard us time and time again tell you to prepare an exit strategy before [...]