The Facebook Effect
The largest tech IPO in history takes place in the next few days as Facebook attempts to live up to a 100 billion dollar valuation. With share prices expected to be between $25 and $32, investors are trying to be [...]
EUR/JPY Time To Sell?
With the news about the European unemployment hitting 10.9% (a 15 year high) and the slowdown in the global economy, the Euro is showing quite a bit of weakness. I like this currency short against the JPY as the bad [...]
Non-Farm Payroll Report Could Present Trading Opportunities
Fewer Americans than predicted are filing applications for unemployment benefits, creating optimism for Friday morning’s release of the Non-Farm Payroll Report. The report is expected to show that the U.S. added 160,000 jobs in April, compared to 120,000 added [...]
The Tale of Two Currencies
Although it is presently experiencing an uptrend, the EUR/USD continues to be the most misunderstood pair in the foreign currency market. Euro news is certainly plentiful. And, traders are having a difficult time of understanding why the Euro is still [...]
EUR/USD Poised for the Next Push Down
As I review this chart, there are a number of things going through my mind. One, over the last three weeks the Euro Zone has had its share of bad times. Two, the scheduled bond sales for both Spain and [...]
When is the next Flash Fall for the EUR/USD?
Since last week, the pair to trade has been the EUR/USD. With a fall of over 300 PIPs in less than 48 hours, many traders are not only wondering what happened but also when will the next “flash fall” take [...]
GBP/USD Presents Strong Immediate Short Potential
Both technically and fundamentally the GBP/USD pair presents a strong short opportunity at present prices. With a clear Kings Crown being formed on a daily time frame, the pair seems to be weighted to the sell side. After the new [...]
The next George Soros…?
I don’t mean literally the next George Soros, but more the situation. George Soros is, of course, most commonly known for shorting England’s currency giving him the moniker “the man who broke the bank of England”. His investment profits during [...]
The Time for the USD/CAD is Now
Now is the perfect time to be looking at the USD/CAD long. Currently the Brent and WTI numbers are pushing (seasonal) all time highs. This is presenting the most complete trading opportunity in the FX market, outside of almost every [...]
Major Currency Pairs Flatline
On February 21st, the Eurozone Finance Ministers approved the second bailout package for Greece. Many traders thought this highly anticipated decision would cause volatility in the Forex market. Surprisingly, the market was rather calm. The following currency pairs all held [...]
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