Forex Crunch EUR/USD Jan. 10 – Fall Continues Amid Fresh Conerns

Forex Crunch EUR/USD Jan. 10 – Fall Continues Amid Fresh Conerns


EUR/USD Jan. 10 – Fall Continues Amid Fresh Conerns

Posted: 09 Jan 2011 11:53 PM PST

EUR/USD began the week lower, with a Sunday gap, and makes its way to lower ground. A bailout for Portugal is the main issue. Where will it stop? Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Ranged  between 1.2870 to 1.2920 – around the previous close Current Range between

AUD/USD Jan.10 –Aussie Rallies on Good Economic Data

Posted: 09 Jan 2011 02:00 PM PST

AUD/USD drifted higher Friday mostly as a result of good economic data on US non-farm payrolls.  This comes on the back of the Aussie’s tumble last week amid concerns over the economic impact of flooding in Queensland. AUD/USD was trading at 0.9956 (+0.10%) at the time of this writing. Here's a quick update on technicals,

Forex Daily Outlook – January 10 2011

Posted: 09 Jan 2011 02:00 PM PST

The week begins with very interesting events such as Treasury Currency Report the US, Halifax HPI  in UK and much more .Let’s see what awaits us today. In the US, Treasury Currency Report provides a detailed review of global exchange rate policies, economic conditions, and central bank and government actions around the world. Most importantly,

A Quick 50 Pips Off The NFP – What Can We Learn From It?

Posted: 09 Jan 2011 07:55 AM PST

Guest post by NewstraderFX My trade room made a quick 50 pips trading Friday's NFP report and here's how it was done. Plan For Different Scenarios. This involves understanding what the overall bias in price movement will be if the report is worse, equal, or better than the expected number. In this case, my opinion was

EUR/USD Endangered by Possible Bailout for Portugal

Posted: 09 Jan 2011 02:23 AM PST

A bailout for Portugal is gaining traction – Germany and France are pushing Portugal to accept a bailout soon. There is a fresh report in Der Spiegel that says that the core countries of the Euro-zone joined forces and are weighing on Portugal. Will the Euro fall at the wake of the new week? This come

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