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EURUSD keeps bearish bias in volatile action

Written September 23, 2010 at 10:30 AM EST by Greg Michalowski 

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Archived in Economic Statistics, Forex News, Forex Trading, Video

USDCHF: Failed break is a reason to correct

Written September 23, 2010 at 10:18 AM EST by Greg Michalowski 

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Archived in Forex News, Forex Trading, Video

NY Morning Forex Commentary is available for viewing

Written September 23, 2010 at 9:20 AM EST by Greg Michalowski 

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Archived in Forex News, Forex Trading, Video

EURUSD corrects after 10 day rally and 800 pips

Written September 23, 2010 at 8:41 AM EST by Greg Michalowski 

The EURUSD corrects after 10 day rally and 800 pips. The bias remains to the downside today as long as the price stays below the 1.3360 area where the 100 bar MA on the 5 minute chart is found. If so, I expect further profit taking.

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NY Opening Forex Commentary. EURUSD corrects, GBPUSD remains range bound

Written September 23, 2010 at 8:13 AM EST by Greg Michalowski 

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Archived in Economic Statistics, Forex News, Forex Trading, Video

Bobbys Corner-Open Market-Sept.23.2010

Written September 23, 2010 at 7:52 AM EST by Bob Slade 

bob-slade-forex-trading-3-150x200Good Morning:

Today is the first (full) day of Fall. 

The Euro lost some steam in overnight trading-as data showed that Europe’s services and manufacturing sectors declined-thus adding to speculation that the Euro Zone’s economic recovery seems to be faltering.  Data from the UK  showed continued weakness in the housing market-but the GBP did not lose much momentum.
Today we have data on the US housing sector-and analysts expect an increase over July-but it will be the weakest number in a decade.  Initial jobless claims are expected to stay flat from last weeks data (see below)

World equity markets are mostly lower-as reports of slowing growth in global economies have added a bit of fear in the marketplace.
US Futures are also lower at this time.

Oil:$74.00                                                 Gold:$1293.00     

TIME FOR EST. PRIOR
08:30AM INITIAL JOBLESS CLAIMS  SEP 18  45OK    450K
08:30AM CONTINUING CLAIMS  SEP 11  4473K   4485K
10:00AM EXISITNG HOME SALES  AUGUST  4.1OM   3.83M
10:00AM LEADING INDICATORS  AUGUST  O.1%   O.1%

HAVE A GREAT DAY & GOOD LUCK

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Archived in Bobbys Corner, Economic Statistics, Forex News, Forex Trading, FXDD Today, Misc, Video

Forex Evening Report- Sept 22

Written September 22, 2010 at 4:00 PM EST by Shawn Powell 


Forex Evening Report- Sept 22

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Forex Midday Report- Sept 22

Written September 22, 2010 at 12:05 PM EST by Shawn Powell 


Forex Midday Report- Sept 22

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Archived in Forex News, FXDD Today, Video

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