Tag Archives: Currencies

Market update! – Euro rallies sharply of bailout news. – swing trading strategies, swing trade signals, price action, action reaction, median lines

TMV Swing Trade report – Long September Eurocurrency from 1.4175 – current price @ 1.4298 The euro currency is trading higher after the two biggest economy in eurozone, Germany and France reached a common position on how to handle the second Greek bailout plan during a 7-hour talk between French President Nicolas Sarkozy and German… read more

Currencies review – swing trading strategies, swing trade signals, action reaction.

Currencies are all trading under pressure from a higher dollar. The dollar is trading higher, after breaking out of a bullish reaction swing chart pattern that portends a continuation of this price advance into the May 26th reversal date. The British pound, Canadian dollar, and the Australian dollar  remain bearish due to negative price action… read more

British pound trades sharply lower on projected reversal date, swing trading strategies, swing trading signals, trading futures, action reaction, commodity trading, currencies

The June British pound is trading sharply lower on the May 3rd projected reversal date. The the downswing in the pound was triggered by comments from BoE Governor King and a report that manufacturing  was weaker than expected. King said that the economic challenges will last for many years and could become more severe. His… read more

Trading in Futures -Market Wrap up for April 20, 2011

Stock Indices were on the rise June Mini Dow closed @ 12455 June ES closed @ 133425 June Mini NASDAQ close @ 237600   Metals are once again on the Rise, making new highs fanning the inflation Flames aided by a continued decline in the Dollar June Gold  @1489.9 (close) May Silver @ 4446.1 (close)   The… read more

Trading in Futures – Market Wrap up for April 19, 2011

Stock Indices found strength into the close June Mini Dow closed @ 12225 June ES closed @ 130850 June Mini NASDAQ close @ 231050   Metals are once again on the Rise, making new highs fanning the inflation Flames June Gold  @1495.5 (2:36 pm MST) May Silver @ 4398.5 (2:36 pm MST)   Inside Day in the Dollar Index however… read more

Swing Trading Strategy – Swing pattern failure setting up strong buy signal for Japanese yen! [chart]

A double bottom formation appears to be setting up a buying opportunity for the March Japanese yen. The market traded below the prior swing low and dipped to 1.1186 before reversing and trading higher. The market was not able to find new sellers below the previous swing pattern and traded back into the  consolidation. This… read more

Dollar Recovery after China Raises Reserve Requirement Ratio

Dollar is trying to recovery from intraday low after market sentiments are weighed down mildly by more tightening from China. China raised the so called bank reserve requirement ratio by 50bps to “appropriately control” credit and loans. This was the second reserve increase in two weeks as inflation is viewed as a serious threat to… read more

Currency Update – November 1, 2010 – Futures News

Currency update – Dollar recovers mildly after initial weakness in an otherwise, steady markets. The surprised moves are found in yen crosses but there is no follow through selling then yen. Sterling is lifted mildly by better than expected PMI manufacturing data but again. Aussie was lifted by solid manufacturing data from China. But after… read more

Currencies News / Futures Broker

Currencies news – Daily Report: Yen Up Mildly, Dollar Steady ahead of US GDP Yen strengthen broadly today as risk sentiments are hit by disappointing production data from Japan and Korea. Asian equities are broadly lower also as investors lighten their positions ahead of Q3 GDP data from US today as well as a line… read more