Forex Daily Outlook January 8, 2010

Hi everyone. Aside from the Yen, which lost a lot of ground after newly appointed Japanese finance minister Naoto Kan said he prefers the Yen to continue its current decline, the markets remained within ranges, most likely waiting for the NFP release later today. We do expect the data to possibly cause a breakout, and [...]

Forex Peace Army|Sive Morten EURUSD Daily 24.01.11

Professional Forex Trading analysis by Sive Morten with Forex Peace Army. Videos are recorded fresh daily to help forex traders stay profitable.

FOREX VIDEO | New York Session Review | February 17, 2011

Aussie Aussie Aussie! Oi Oi Oi! The AUD/USD currency pair rallied above Monday’s high during today’s New York session, finishing the European trading day north of its daily R2 pivot point.

FOREX VIDEO | New York Session Review | May 19, 2010

Rumors contributed to plenty of volatility in the currency market on hump day’s New York session. A pair of sequential trades on two yen crosses — EUR/JPY and AUD/JPY — yielded some 360 pips for those traders who played a switch-hitter role.

FOREX VIDEO | New York Session Review | May 20, 2010

Risk aversion was the order du jour in financial markets during the New York session. The yen crosses saw their biggest drop since the so-called flash crash two weeks ago today. The EUR/JPY currency pair dropped nearly 300 pips in just one hour to an 8-1/2 year low, then staged a 200-pip recovery before the [...]

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