You may want to join thousands traders by subscribing to e-mail alerts. No Spam, no marketing gimmicks, just valuable information for a smart audience. Comments & feedback are always appreciated. Thanks for visiting and enjoy your stay!
Posted by Liviu on April 6, 2012 – 7:21AM GMT - 2 Comments
The major block to compassion is the judgment in our minds. Judgment is the mind’s primary tool of separation. ~ Diane Berke Good morning. Dollar holds onto gains as the euro is under pressure, declining towards $1.300 support. Not much is expected to happen until later today when the NFP data will be released. USD Index Read More
- Continue reading: NFP Day is Here
Tags: AUDJPY, Australian Dollar, breakout trading, Dollar, EURAUD, EURUSD, Japanese Yen, NFP, SPX, unemployment, usd index, USDJPY
Posted by Liviu on April 4, 2012 – 7:38AM GMT - 2 Comments
Efficiency is doing things right; effectiveness is doing the right things. ~ Peter Drucker Good morning. Dollar is up after yesterday’s FOMC meeting minutes and focus today is on the ECB rate decision (see economic calendar). Let’s see what are some of the charts worth your attention today USD Index yesterday’s strong recovery changes the short-term Read More
- Continue reading: Midweek Charts 4/4/12
Tags: AUDJPY, AUDUSD, Australian Dollar, breakout trading, Dollar, EURNZD, Euro, EURUSD, Japanese Yen, New Zealand Dollar, SPX, usd index, USDJPY
Posted by Liviu on April 2, 2012 – 7:16AM GMT - Leave your thoughts
It’s not what happens to you that counts, but how you handle it. It’s not how far you fall, but how well you bounce. ~ Dan Zadra Good morning. Dollar remains under pressure as euro holds above $1.3300 and it seems that a test of $1.3480/00 is in the cards this week. USD Index EURUSD Support Read More
- Continue reading: Charts to Start the Week 4/2/12
Tags: Australian Dollar, breakout trading, Dollar, EURAUD, EURNZD, Euro, EURUSD, Japanese Yen, New Zealand Dollar, usd index, USDJPY
Posted by Liviu on March 28, 2012 – 7:27AM GMT - 1 Comment
Good instincts usually tell you what to do long before your head has figured it out. ~ Michael Burke Good morning. Dollar remains under pressure while the euro managed to overcome resistance at $1.3300. USD Index No decisive break of interim support at 79 yet, but downside pressure remains high. In case of recovery, rallies would Read More
- Continue reading: Midweek Charts 3/28/12
Tags: AUDNZD, AUDUSD, Australian Dollar, breakout trading, Dollar, EURAUD, EURNZD, Euro, EURUSD, Japanese Yen, New Zealand Dollar, usd index, USDJPY
Posted by Liviu on March 26, 2012 – 7:13AM GMT - 2 Comments
Trust yourself. You know more than you think you do. ~ Benjamin Spock Good morning. Dollar remains under pressure as euro is finding bids on pullbacks, pushing higher towards $1.3300 which is the 1st resistance level to keep an eye on. USD Index Not much changed since a week ago: rallies are being sold every time Read More
- Continue reading: Charts to Start the Week 3/26/11
Tags: AUDUSD, Australian Dollar, breakout trading, Dollar, EURAUD, EURNZD, Euro, EURUSD, Japanese Yen, New Zealand Dollar, usd index, USDJPY
Posted by Liviu on March 22, 2012 – 8:23AM GMT - 6 Comments
Trusting our intuition often saves us from disaster ~ Anne Wilson Schaef Good morning. Dollar continues to be sold into rallies as the euro finds intraday support at $1.3185/00 USD Index As seen below – dollar is losing ground on a short-term basis but it is still above recent corrective bottom at 79. EURUSD As noted Read More
- Continue reading: Thursday Charts: Dollar, Aussie Losing Ground
Tags: AUDUSD, Australian Dollar, breakout trading, EURAUD, EURNZD, Euro, EURUSD, Japanese Yen, New Zealand Dollar, usd index, USDJPY
Posted by Liviu on March 19, 2012 – 8:24AM GMT - 2 Comments
You may occasionally give out, but never give up. ~ Dan Zadra Good morning. The dollar trades lower after Friday’s decline, as the euro tested resistance near $1.3200. USD Index The dollar index looks quite bearish on intraday basis, now that support at 80 has been breached. However, there’s still a good chance that this movement Read More
- Continue reading: Charts to Start the Week 3/19/12
Tags: AUDJPY, AUDUSD, Australian Dollar, breakout trading, British Pound, Dollar, EURAUD, Euro, EURUSD, GBPUSD, Japanese Yen, usd index, USDJPY
Posted by Liviu on August 21, 2011 – 6:39PM GMT - 5 Comments
Let’s see what this week brings and whether there might be some interesting trade setups developing I’ll start with the EURUSD, which is the most popular currency pair. As you can see, the pair is still into a relatively narrow range since topping at $1.49. But why? and here is the answer: Riiight! Notice how Read More
- Continue reading: Charting the Week Ahead 8/21/11
Tags: Bernanke, breakout trading, British Pound, COT, Dollar, Earthquake, Euro, Euro-zone crisis, EURUSD, Fukushima Nuclear Plant, GBPUSD, Japan, Japanese Yen, Trichet, USDJPY
Posted by Liviu on August 6, 2011 – 2:46PM GMT - Leave your thoughts
The markets went on a wild ride in the last days and – as if it wasn’t enough – the week ended with the news that S&P downgraded the U.S. debt rating to AA+ from AAA. Well, as the mess is spiraling into gigantic proportions, expect more crazy days/weeks to come and be careful what Read More
- Continue reading: Saturday Links 8/06/11
Tags: banksters, cats, debt, Debt Ceiling, Dollar, EURCHF, Euro-zone crisis, EURUSD, funny pictures, Goldman Sachs, Greece, Internet, Italy, Japan, JP Morgan, Obama, privacy, rating agencies, S&P, technology, unemployment, USDCHF, USDJPY, Warren Buffet, Wars, Wikipedia
Posted by Liviu on August 4, 2011 – 6:48AM GMT - Leave your thoughts
Quote of the day: “You will find that the State is the kind of organization which, though it does big things badly, does small things badly, too.” ~ John Kenneth Galbraith Good morning. If you just opened the charting platforms, you may want to check the JPY pairs as there’ve been some wild moves overnight: Read More
- Continue reading: JPY Weakening on BoJ Intervention
Tags: BOJ, CHFJPY, EURAUD, EURJPY, EURUSD, market interventions, SNB, USDJPY
Posted by Liviu on July 31, 2011 – 7:25PM GMT - 3 Comments
It’s been a while since the dollar is in free-fall mode against (and not only) the Japanese Yen and yet, many traders keep buying it again and again, expecting the BoJ to intervene and save their positions (at least once in a while). And here are some charts and recent positions stats (courtesy of Oanda): Read More
- Continue reading: USDJPY: Some People Just Don’t Get It
Tags: common sense, Japan, market interventions, USDJPY
Posted by Liviu on July 29, 2011 – 4:51PM GMT - Leave your thoughts
What to read today: Which Is in Worse Shape, U.S. or Europe? (NY Times) Japanese Yen And Its Implication For US Dollar (Business Insider) Trojan Asteroid Discovered Stalking Earth (Discovery News) This Country Defaulted Long Ago (Financial Sense) Goldman Sachs Traders Quitting The Bank In Droves (Business Insider) Team Obama Fiddles While Debt Ceiling Fires Burn (naked capitalism) Gold’s not as stretched as Read More
- Continue reading: Friday Links 7/29/11
Tags: banksters, debt, Debt Ceiling, default, Dodd-Frank, Dollar, Euro-zone crisis, EURUSD, facebook, funny pictures, Gold, Goldman Sachs, Japan, Obama, Space, USDJPY
Posted by Liviu on June 13, 2011 – 2:24PM GMT - 5 Comments
Greetings. There are some setups worth watching in the coming days, such as the following: GBPUSD: recent sell-offs are suggesting that more pressure on the trendline around 1.6150 is likely, and current lower-highs formation is intact – therefore keep an eye on the highlighted resistance zone if current recovery continues. I think it’s worth looking Read More
- Continue reading: Setups to Watch This Week 6/13/11
Tags: AUDJPY, EURGBP, GBPUSD, NZDUSD, USDJPY
Posted by Liviu on May 4, 2011 – 7:33AM GMT - 6 Comments
I was interviewed by Adam Kritzer from ForexBlog.org Forex Blog: I’d like to begin by asking you about your background as a trader and as a commentator. How did you get started in forex? At what point did you make the transition from trading currencies to offering analysis to the public? What was your motivation Read More
- Continue reading: My Interview for ForexBlog.org
Tags: bloggers, blogs, Dollar, Euro-zone crisis, EURUSD, rating agencies, traders interviews, trading education, USDJPY
Posted by Liviu on April 5, 2011 – 5:23PM GMT - Leave your thoughts
Today’s links: John Taylor: Growing up with forex (Futures Magazine) A Global Tsunami, Courtesy of the Fed (Chris Martenson) Bernanke and PBoC pressurize EURO (Oanda) Five reasons the yen will strengthen (FT Alphaville) Euro Zone Risks Exodus of Weaklings (WSJ) ‘One in seven’ chance that nations will abandon euro (Telegraph) The Dollar Declining Means QE2 is Read More
- Continue reading: Tuesday Links 4/05/11
Tags: Bernanke, Brandon Flowers, Dollar, Euro-zone crisis, EURUSD, fail, funny pictures, gadgets, Gold, Google, Japan, John Taylor, music, Obama, QE3, quantitative easing, recommended articles, USDJPY
Posted by Liviu on March 22, 2011 – 8:30PM GMT - 1 Comment
Today’s link round-up: Rise of the Machines: Check out these HFT Charts How Much Yen Did Japan Buy Last Friday? Long-Term Yen Charts Shanky’s Daily Stuff: EURUSD and SPX Straight Talk with John Rubino: The Damage Is Already Done With Gold Just 1% From Record Nominal High of $1,444/oz The Risk Of A Dollar Crisis Increases Read More
- Continue reading: Tuesday Links 3/22/11
Tags: Dollar, Euro-zone crisis, EURUSD, funny pictures, Gold, high frequency trading, Japan, JP Morgan, Keynesian economics, pictures, Portugal, recommended articles, SPX, USDJPY
Posted by Liviu on March 18, 2011 – 8:00AM GMT - 2 Comments
Quote of the day: “Endless money forms the sinews of war.” - Marcus Tullius Cicero EURUSD – 1.4086 @08:00 GMT Good morning. The euro is trading comfortably into the 1.4 region but the real show takes place elsewhere: the JPY charts on news that G-7 is intervening to weaken the Japanese yen. The EURJPY is up Read More
- Continue reading: JPY Intervention is the Main Theme Today; EURUSD Breaking Above 1.40
Tags: EURJPY, EURUSD, G7, GBPJPY, Japan, market interventions, USDJPY
Posted by Liviu on March 17, 2011 – 9:07PM GMT - Leave your thoughts
Today’s links roundup: Barclays Kills Yen Trading During USDJPY Flash Crash, Pulls All Liquidity To Protect Prop Positions USD/JPY Frenzy – Technicals On Today’s Massive Move Shanky’s Market Summary And Conversation 3/17/11 Political Calculations: To Whom Does the U.S. Government Really Owe Money? What Will Be Sold To Pay For Japanese Reconstruction? Panoramic image shows the damage Read More
- Continue reading: Thursday Links 3/17/11
Tags: blogs, Cocaine, Earthquake, Fukushima Nuclear Plant, Gaddafi, Ireland, Japan, Keynesian economics, Libya, music, nuclear reactors, pictures, radiation, St. Patrick's Day, Tsunami, USDJPY
Posted by Liviu on March 17, 2011 – 7:38AM GMT - 10 Comments
Recent trading sessions were crazy. Here’s the JPY blood bath: USDJPY USDJPY daily chart 3-17-2011 AUDJPY AUDJPY weekly chart 3-17-2011 GBPJPY GBPJPY daily chart 3-17-2011 USDCHF CHF is very interesting too USDCHF daily chart 3-17-2011 There are several months now since everyone and his dog ”buys the dip” at any level – and yesterday was Read More
- Continue reading: Charting the Disaster
Tags: AUDJPY, flash crash, GBPJPY, Japan, USDCHF, USDJPY
Posted by Liviu on March 8, 2011 – 9:40AM GMT - 5 Comments
Submitted by Sara Patterson from DailyForex.com Disclaimer: The author’s views are entirely his or her own and may not reflect the views of innerfx.com With the second quarter rapidly approaching, now is a good time forecast what is likely to happen in the Forex markets in Q2 2011. There are far too many people that lose Read More
- Continue reading: Guest Post: Q2 2011 Predictions for the Forex Market
Tags: dailyforex.com, ECB, EURUSD, GBPUSD, USDJPY
Posted by Liviu on March 3, 2011 – 9:01PM GMT - Leave your thoughts
Hi. Just a quick update to yesterday’s thoughts & charts EURUSD The euro rallied well over 1.3850 today as Jean-Claude Trichet said that policy makers may soon hike interest rates to fight inflation. We are currently trading 40 points away from $1.40 and there’s no sign of exhaustion. However, I doubt we’ll see a break above Read More
- Continue reading: Quick Short-Term Update 03/03/11
Tags: AUDUSD, breakout trading, EURJPY, EURUSD, Trichet, unemployment, USDCHF, USDJPY, USDPLN
Posted by Liviu on March 2, 2011 – 9:18PM GMT - 2 Comments
“Regulation of derivative transactions that are privately negotiated by professionals is unnecessary.” – Congressional Testimony of Alan Greenspan, July 1998 Hello folks. I’ve been quite busy lately but nonetheless, my phone is my companion and I had the charts & quotes with me all the time. I finally managed to buy a decent HD media player Read More
- Continue reading: Midweek Thoughts, Charts and Links
Tags: AUDUSD, banksters, breakout trading, Dollar, ECB, Euro-zone crisis, EURUSD, Inside Job, Keynesian economics, music, recommended articles, SPX, USDCHF, USDJPY, USDPLN
Posted by Liviu on February 27, 2011 – 6:22PM GMT - 2 Comments
“The riskiest thing you can do is get greedy.” – Lance Armstrong Hello. This week will be quite busy, some of the key events in the Forex Calendar being the RBA Interest Rate Decision on Tuesday, Bernanke’s Testimony, Trichet’s speech, the ECB Interest Rate Decision, the US ADP Nonfarm Employment Change, the Initial Jobless Claims and, Read More
- Continue reading: FX Charts to Watch This Week
Tags: AUDUSD, Ben Bernanke, ECB, EURUSD, Interest Rate Decision, RBA, Trichet, unemployment, USDCHF, USDJPY, USDPLN
Posted by Liviu on January 10, 2011 – 6:37AM GMT - Leave your thoughts
Quote of the day: “Definition of Statistics: The science of producing unreliable facts from reliable figures.” – Evan Esar EURUSD Trading strategy: standing aside The euro fell to $1.29 after the NFP report on Friday and holds under pressure today amid debt contagion fears. German magazine Der Spiegel reported over the weekend that Germany and Read More
- Continue reading: Euro Sinks Below 1.30 On Debt Fears and U.S. Employment Report
Tags: AUDUSD, EURUSD, GBPUSD, USDJPY
Posted by Liviu on January 6, 2011 – 8:20AM GMT - 4 Comments
As promised earlier today, here are some short-term charts worth a look. USDSEK USDSEK 1d chart 1-6-2011
- Continue reading: Some Daily Charts
Tags: AUDUSD, CHFJPY, EURGBP, GBPCHF, USDJPY, USDSEK
Posted by Liviu on January 4, 2011 – 7:05AM GMT - 1 Comment
Quote of the day: “Knowing is not enough; we must apply. Willing is not enough; we must do.” – Johann Wolfgang von Goethe EURUSD Trading strategy: looking to buy at 1.3380, stop at 1.3320 (0.5% risk), 1st objective at 1.3430, 2nd objective at 1.3600 The euro recovered against the dollar after testing bids into the Read More
- Continue reading: Euro Recovers Across the Board as Risk Appetite Returns
Tags: AUDUSD, EURCHF, EURGBP, EURUSD, USDJPY
Posted by Liviu on December 16, 2010 – 6:48AM GMT - Leave your thoughts
Quote of the day: “Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.” – Sam Ewing EURUSD Trading strategy: small size short on pullback to 1.3300, stop at 1.3360, 1st objective at 1.3250, 2nd objective at 1.3180 The euro fell sharply against Read More
- Continue reading: Euro under pressure; EU leaders meeting in Brussels
Tags: EURCHF, EURUSD, GBPUSD, USDJPY
Posted by Liviu on December 15, 2010 – 6:40AM GMT - 1 Comment
Quote of the day: “Everything happens to everybody sooner or later if there is time enough.” – George Bernard Shaw EURUSD Trading strategy: looking to sell on pullback to 1.3370, stop at 1.3420, 1st objective at 1.3320, 2nd objective at 1.3180 The dollar is up today against its counterparts after the Fed left interest rates Read More
- Continue reading: euro extending its decline across the board
Tags: AUDUSD, EURUSD, Gold, USDJPY
Posted by Liviu on December 14, 2010 – 6:59PM GMT - 6 Comments
Greetings. This post is a short update to my Sunday article: some trading setups for this new week Silver Silver bounced off support around 28 and recovered to as high as 29.90 earlier today. Although last reversal candle, formed after reaching a fresh record at 30.66, is still valid – uptrend was once again confirmed and Read More
- Continue reading: What happened in two days
Tags: CHFJPY, EURCHF, GBPNZD, Silver, USDJPY, USDSEK
Posted by Liviu on December 12, 2010 – 7:29PM GMT - 10 Comments
Greetings. Check the economic calendar to see what else, except for the US Interest Rate decision and FOMC statement, should move the markets in the coming days. Here are some charts & setups worth watching this week Silver Silver 1d chart 12-12-2010
- Continue reading: Some trading setups for this new week
Tags: CHFJPY, EURCHF, EURGBP, GBPNZD, GBPUSD, Irish bailout, Keynesian economics, Silver, USDJPY, USDSEK