Todays video is a trade plan based on the EUR/USD. Following the past 24 hours, the Euro is looking heavy to the downside and looks prime to test the recent lows from 2009.

Forex News Daily Recap: EUR, AUD, JPY Continue Their Rallies vs USD

The US Dollar kept up its weakness, on the back of expectations that the Fed will move to buy more asset purchases and is amping liquidity of Dollar, helping to lower the currency’s value. The Euro, Australian Dollar and Japanese Yen took advantage. The Pound was pressured by some weak data and the Canadian Dollar [...]

Forex Technical Update 10/07/2010 – USD-Crosses Ahead of the Non-Farm Payroll

Forex Technical Update 10/7/2010 Tomorrow’s non-farm payroll may be an event risk so let’s take a look at some USD-crosses. The EUR/USD is at an important resistance zone near 1.40. The GBP/USD hit resistance at 1.60 target. The USD/JPY continued lower than the intervention level. The AUD/USD and USD/CAD pairs are testing important resistance and [...]

FOREX VIDEO | New York Session Review | February 18, 2011

Lorenzo Bini Smaghi, an Italian economist and member of the European Central Bank’s governing council, in an interview with Bloomberg: “It is a key challenge for monetary policy to avoid spillovers and maintain inflation expectations in check … This requires the ability to take pre-emptive actions if needed.” Those comments by Smaghi, plus renewed chatter [...]

10 06 09 Spanton Forex recap


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