USDJPY Could Rally While 10 Year US Treasuries Are Moving Lower – Elliott Wave
USDJPY 4h Elliott Wave
US Bonds were trading lower in the last two sessions after the minutes of the Federal Reserve showed that most policymakers still favor a tapering program this year. But sell-off on bonds came on news that QE could end in mid-2014. USD was firstly down on the news, but then it recovered during the Asian trading hour. However, EURUSD is again finding some bid, so no real direction at the moment. Meanwhile the S&P Futures
Elliott Wave Forecast: US Bonds Could Turn Into A Correction
30Year US Bonds daily I hate to say this again, but major pairs on the FX market place still have a very unclear price action and no direction
The Pre-Trade Checklist
I believe all traders should create a trading plan, a document which lays out exactly how they will trade. The trading plan tells the trader what strategies to
The Dire Effects of an Obama Victory
Dollar Dollar to stay strong The win for Obama may increase the trader’s appetite to take risks for the short term but along with it will raise the risk
U.S. Dollar – Review and Outlook
We believe that continued U.S. dollar weakness may be a consequence of the diverging monetary approaches central banks are taking around the globe. While many international central banks
ECB Takes Away Punch Bowl
Today, the European Central Bank (ECB) raised its main refinancing rate by 0.25% to 1.25%. Today, the European Central Bank (ECB) raised its main refinancing rate by 0.25% to
Weekly review for 11.04 – 15.04, 2011
EURUSD The pair has broken channel line and risen to 1.44835. The pair may roll back to 1.42551 before continue rising. EURUSD The pair has broken channel line
Weekly review for 04.04 – 08.04, 2011
The beginning of the previous trading week saw the strong euro growth against the US dollar, which continued during the whole week. Reinforced expectations for
Weekly review for 4.04 – 8.04, 2011
EURUSD The pair has reached channel line at 1.42557 which is a resistance level. At the same level is Fibonacci 23,6%. If the pair stays above
Weekly review for 28.03 – 1.04, 2011
During the morning trading on Monday the EUR/USD pair traded in the range of $1,4020-$1,4070. Euro was under pressure due to the influence
ForexHound Traders Corner
