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The Forex Pattern, Price & Time Report - NZD USD - Mid Session

Published 07/03/2009 - 4:36 p.m. EST

Downside pressure was on the NZD USD throughout the day before buyers stepped in and forced a slightly higher close. Although this market has a double-top forming at .6590 and .6549, this pattern will not be confirmed until .6151 is violated. In the meantime this pair has produced a series of higher tops and higher bottoms inside of this range.

Rating: 0

The Forex Pattern, Price & Time Report - AUD USD - Mid Session

Published 07/03/2009 - 3:45 p.m. EST

The AUD USD is trading higher at the mid session under thin trading conditions. This market continues to remain range bound with a slight bias to the downside based on the series of lower-tops and lower-bottoms.

Rating: 0

The Forex Pattern, Price & Time Report - USD CHF - Mid Session

Published 07/03/2009 - 3:25 p.m. EST

The Main Trend is up in the USD CHF. This is based on the recent rally through the swing top at 1.0955 and the higher bottom at 1.0632.

Rating: 0

The Forex Pattern, Price & Time Report - USD CAD - Mid Session

Published 07/03/2009 - 3:03 p.m. EST

Mid Session Analysis

The USD CAD is trading unchanged to lower at the mid-session. This currency pair is having trouble penetrating a 50% level at 1.1654

Rating: 0

Pound falls on weak Q1 GDP data

Published 07/03/2009 - 1:59 p.m. EST

Range-trading continues to be the dominant theme in foreign exchange, with volatility gradually falling further in G-10 currencies.

Rating: 0

LATEST ANALYSIS

Fundamentals

Pound falls on weak Q1 GDP data

Published 07/03/2009 - 1:59 p.m. EST

Range-trading continues to be the dominant theme in foreign exchange, with volatility gradually falling further in G-10 currencies.

	26 June 2009: UK bond yields and swaps fall

	Daily Market Commentary by GCI Financial Ltd

	The Dollar gains as the markets tumble and investors seek a safe haven

	Daily Foreign Exchange Market Summary, by U BoC

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Technicals

EURUSD Technical Analysis - 070309

Published 07/03/2009 - 11:32 a.m. EST

Yesterday's EURUSD support level was broken at 1.4012, and it has formed another support level at 1.3958 which is the current and valid support line.

	A Forex Trader’s Tale of Central Bank Intervention

	EUR (Euro) Forex Technical Analysis - 070309

	Chart of the day EUR/USD - 070309

	JPY (Yen) Forex Technical Analysis - 070309

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Central Banks

Published 07/02/2009 - 7:46 p.m. EST

	Federal Reserve advises bank customers on California registered warrants

	Agencies publish final rules and guidelines to promote accurate reports about consumers

	Results for the 2 July 2009 Term Loan Facility

	Written agreement with First DuPage Bancorp

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Stocks

Dennis Kneale CNBC

Published 07/03/2009 - 11:48 a.m. EST

	Walter Industries (WLT) - Some Major Outperformance in the Coal Space

	Doing Your Homework?

	The Fund

	Head & Shoulders Formation Almost Perfect

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Precious Metals

London Gold Market Report by A Ash, BullionVault.com

Published 07/03/2009 - 1:09 p.m. EST

The latest fundamental and technical analysis of the worlds Gold, Bullion, Silver and precious metals markets, from arguably the world's most cost-effective,...

	London Gold Market Report by A Ash, BullionVault.com

	London Gold Market Report by A Ash, BullionVault.com

	London Gold Market Report by A Ash, BullionVault.com

	London Gold Market Report by A Ash, BullionVault.com

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Select Articles

Inflation or Hyperinflation?

Published 06/25/2009 - 10:33 a.m. EST

	U.S. Dollar: the Good, the Bad and the Ugly

	Got a Beef with US Bank Executives...How About Buying Some US Treasuries?

	Geithner & China: Who Are You Fooling?

	Where Will Growth Come From?

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LATEST TRADERS CORNER

Trader Accounting

Mark-to-Market Makes a Magical Difference for Most Traders

Published 06/06/2008 - 5:05 a.m. EST

Whenever we consider the benefits of trader tax status, the one item that tops the list is the ability to elect a special accounting method known as mark-to-market,...

	Lost in Translation: Foreign Exchange Tax Codes

	LLC + C Corporation = A Tax-wise Combination

	Don't Be Hung Out to Dry By Wash Sales

	Best Way to Avoid Cardiac Moments? Accurate and Timely Trade Accounting

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Trader Tips

When Your Wrong, Your Wrong And When Your Right, Your Right!

Published 09/26/2007 - 8:13 a.m. EST

Learn to be disciplined when trading, but take action when appropriate. If a trade that you have placed is clearly going against you, uncross your fingers, and...

	Global Economic Calendars And The Pennies In Your Account

	The “Rules Of The Game,” Or, Terms Of Business

	Leverage: The Double Edged Sword

	Hidden Costs Of Trading Forex

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Trader Mistakes

Don’t Become Complacent Or Over Confident

Published 11/08/2007 - 3:06 a.m. EST

Do your best to remember how alert and aware you were when you first placed your first trades. A common mistake is for traders to become complacent and to let their...

	Practice Makes Perfect – Well Nearly Perfect!

	Catch Me If You Can

	There Is No Loyalty In Financial Markets

	Broker A And Broker B

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Trader Articles

One in the Bank is as Good as Two on the Chart

Published 12/09/2008 - 8:28 a.m. EST

I'm sure there are times when all of us look at a chart during a trade and think, 'I really need to lock in that profit before the market turns'....

	How to Recover from a Bad Trade

	Automatic Systems Take the Fun Out of Trading Forex

	Why I love Overbought and Oversold Conditions

	Forex Resources That Will Make You a Better Trader

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LATEST EDUCATION

Basics

Bewildering Optimism

Published 01/14/2009 - 7:34 a.m. EST

When considering a company for investment purposes, investors must be wary of managements that over promise and under deliver. One symptom of such a situation is...

	Essentials

	Support and Resistance: Trading by Reading a Market

	Stop Loss

	The 20 Components of a Successful Trading Plan

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Fundamentals

Futures Market Comments for Wednesday, Jun 24, 2009

Published 06/24/2009 - 3:38 p.m. EST

Grains are looking bearish but the bull market in energies isn’t quite over. Currencies are mixed.

	Futures Market Comments for Tuesday, Jun 23, 2009

	Using Fibonacci To Determinate Market Goals- Part VI

	Using Fibonacci To Determinate Market Goals- Part V

	Using Fibonacci To Determinate Market Goals- Part IV

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Technicals

Weekly Market Commentary

Published 07/01/2009 - 8:20 p.m. EST

As I often discuss in my weekly newsletter EPIC Insights, I prefer simple technical patterns such as trendlines and moving averages over elaborate systems.

	Existing the Emerging Markets - 062909

	Weekly Market Commentary

	After breaking below 0.7827 support, AUDUSD rebounded from 0.7789 level.

	GBPUSD consolidated in a narrow range between 1.6187 and 1.6618

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Psychology

Trading Psychology - Greed & Fear

Published 01/16/2009 - 8:08 a.m. EST

Besides all of the fundamental and technical factors a trader must keep track of in order to be successful, there is another area which is often overlooked –themselves.  

	Personality, Emotions and the Psychology of the Trader By Abe Cofnas

	The Psychology of Trading: The Market as Mass Mind by Joseph Trevisani

	Coping With Risk and Uncertainty By Brett N. Steenbarger, Ph.D.

	Explaining Market Success By Brett N. Steenbarger, Ph.D.

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Newsletters

Latest Blogs

All Walks of Life

Michael J. Panzner

Time magazine is out with an interesting report, "Thrift Nation - How Americans Spend Now," featuring a series of vignettes that detail the impact the...

[Read More]

Impending Bearishness for the USD/ZAR

FXYard Ltd

Below are the hourly chart and 4-hour chart for the USD/ZAR

[Read More]

EUR Retail Sales on Tap

FXYard Ltd

There is likely to be less volatility than usual in the market today with almost no market, as there is the U.S bank holiday. However, Europe appears to be releasing...

[Read More]

Buzzkill for the Bottom-Callers

Michael J. Panzner

Whenever I get the urge for a quick shot of reality (which is, admittedly, quite often), I like to hear what those on the economic front lines are thinking and...

[Read More]

Crude Oil Forecast

FXYard Ltd

Crude Oil currently stands at $67.70 a barrel, the lowest price level it has been for the whole week. There are a number of important factors that have led to this...

[Read More]

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