Tag Archives: forex

USD falling against JPY and NZD, may continue rise vs GBP and AUD near term

The US Dollar has fallen today vs the JPY amid some moderate risk off in the Asia session (NKY down -1.08%). US futures are currently trading up slightly while EZ futures are down (4:00 GMT). JPY CPI is the major … Continue reading

Rate this:

About these ads
Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

USD may rebound vs AUD and GBP, fall vs NZD

The US Dollar has risen today vs the AUD after weak AUD CPI data showed that the RBA may have to intervene. The AUD was also hit lower shortly after the CPI data came in by inline Chinese data; China … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

USD to face near term selling, Gold under pressure

The US Dollar has fallen today vs the AUD and NZD and may continue to fall across the board near term. Global markets are all open today after the holiday so some USD selling may result as the risk on … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

NZD/USD finding trend line support, may rise on rate hike

The New Zealand dollar is finding support at the downtrend line that goes back to 2011, it is currently trading around the middle of the trading range for today at 0.858. This week the RBNZ is expected to hike rates … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , | 3 Comments

USD/JPY A Buy As Long As This Holds Update 4/21

The Japanese Yen is expected to weaken further vs the USD this week. Daily RSI is above the neutral 50 level and price is continuing to rise along side.  We have a good amount of Japanese data event risk this … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , | 2 Comments

Increased Ukraine Tensions Could Put Pressure On Global Markets

This week, markets across the world were able to recover prior losses from the week before this last week but may find little reason to rally and break above all time highs. The Ukraine crisis does not appear to be … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment

Japan Nikkei Closing Up +0.7% EZ and US Closed Today For Holiday

Nikkei closing at 14,516 up +0.7% JPY down slightly across the board today USD Index flat so far today

Rate this:

Posted in Forex Trading, stock market | Tagged , , , , , , , , , , , , , , , | Leave a comment

Next week’s event risk peaks on Wednesday (US and EZ mfg, AUD CPI, RBNZ rate, BoE minutes, etc)

Taken from johnkicklighter

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

USD/JPY long making progress US equities ramping

We are about an hour and a half from the US close and US equities are doing pretty well today, SPX500 +0.35%, NASDAQ +0.56% and DOW +0.12%. Tomorrow is bank holiday for the US and Euro zone but Tokyo will … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , , , , , | Leave a comment

NZD/USD finding trendline support, may rise on rate hike

The New Zealand dollar is finding support at the downtrend line that goes back to 2011. Next week the RBNZ is expected to hike rates from 2.75% to 3%, which means NZD may gain some strength as a result and … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , | Leave a comment

USD Index Update Midday Asia April 17th 2014

The US Dollar is currently at or near lows for the day halfway through the Asian session. The USD looks like a pretty good long at current prices vs JPY and AUD. The USD Index is currently trading around 10,428 … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , , | 1 Comment

USD Falling In US Session, Mixed FED and Equity Ramp

The US Dollar has fallen today erasing some gains that were added during the Asian and Euro trading sessions. The USD fell mostly against AUD and NZD after China data showed that the Chinese economy is continuing to grow at … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

NZD/USD targeting 0.85, NZD rate decision next week

The New Zealand dollar has fallen as expected.  The combination of a dark cloud cover candle pattern and bearish RSI divergence is following through. Whether or not this pair follows through more and breaks below 0.236 fib support around 0.85 … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , | 2 Comments

Heads up NZD CPI in about 30 minutes 22:45 GMT

NZD CPI YoY expected at 1.7% prior 1.6% NZD CPI MoM expected at 0.5% prior 0.1% FOMC official speaking about an hour later may give insight about outlook after data earlier today, may have small affect NZD/USD. NZD/USD trading around … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

USD/JPY A buy as long as this holds…

The Japanese Yen is expected to weaken further vs the USD. RSI is unable to push lower and RSI is continuing higher on an upward trend, a breakout has occurred but follow through seems limited for now. Until the USDJPY … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

Heads up GBP CPI in about an hour 8:30 GMT

UK CPI expected at 1.6% prior 1.7% GBP/USD falling below 1.67 prior to release.

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

USD Technical Analysis April 15th 2014

The US Dollar has bounced so far at the start of Tuesday trading. The USD is expected to further recover from last weeks losses it is currently trading around 10,445. The USD is finding support above the long term 0.50 … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

NZD/USD Technical Analysis April 14th 2014

The New Zealand dollar is continuing to consolidate but should reverse lower soon.  The combination of a dark cloud cover candle pattern and bearish RSI divergence is enough to cancel out the hammer candle, however we could see some consolidation … Continue reading

Rate this:

Posted in Forex Trading | Tagged , , , , , , , , | Leave a comment

Stock Picks for 4/14 !

Good evening everybody ! This should be an interesting week as I am on SPRING BREAK! Which means I will be trading 24/7! Our penny picks for today are MSITF,SSHSQ, KNSC . Our Open Forex trades are CAD/JPY SHORT! & … Continue reading

Rate this:

Posted in stock market | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment