| The Week Ahead: Central Bank Rate Decisions – BoE, ECB, RBA, RBNZ, Fed’s Beige Book Posted: 03 Jun 2011 09:00 PM PDT |
| Test Your Economic Literacy Posted: 03 Jun 2011 06:46 PM PDT |
| USD/JPY Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:28 AM PDT By ForexMansion.com The USD/JPY had a fall on Friday, testing the important 80 level. The central banks are below, so we don't sell at this point – but certainly aren't comfortable buying here. Because of this, we are flat – there are better Yen-related pairs to trade. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion Network operates global financial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| USD/CHF Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:27 AM PDT By ForexMansion.com The USD/CHF fell during the Friday session as the US jobs numbers came in way under expectations. This in turn sent investors looking for safe havens to run to. The Swiss franc is the epitome of that kind of trade. Because of this, the down trend has only been solidified by this latest move. We look to sell rallies, and new lows. Originally posted here Find more information about technical analysis, fundamental analysis and news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| USD/CAD Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:26 AM PDT By ForexMansion.com The USD/CAD shot up during the Friday session as the US jobs numbers came in way under expectations. However, the trend line that has kept this pair in line quickly took over, and the 0.98 level was eventually recaptured by the bulls. Because of this serious attempt at a break out failing, this only strengthens our resolve in the bearishness of this pair. A break of Friday's lows would be a strong sell signal. Originally posted here Find more information about … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| NZD/USD Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:25 AM PDT By ForexMansion.com The NZD/USD fell on Friday, but managed to bounce back and form a bullish hammer. This shows how strong the trend really is in this pair, and that the bulls are still in charge. The 0.81 area held and we look likely to rise in value from this point. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion Network operates global financial … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| GBP/USD Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:24 AM PDT By ForexMansion.com The GBP/USD rose on Friday after falling fairly hard. This shows resilience in this pair, and that the trend is still up. However, we are approaching an important resistance area in the form of 1.65, so we are waiting to buy either lower, or on a break out above that area. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion Network operates … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| GBP/JPY Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:23 AM PDT By ForexMansion.com The GBP/JPY fell on Friday, but has formed a bullish hammer at the bottom of the daily range. This is the kind of candle that can often signal a bounce and because of this – we are looking for buying opportunities for next week. With the central banks below, this makes sense, and we are willing to go long on a break above the highs on Friday. Originally posted here Find more information about technical analysis, fundamental analysis and news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| GBP/CHF Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:22 AM PDT By ForexMansion.com The GBP/CHF fell on Friday, but has formed a bullish hammer at the bottoms. This is the kind of candle that can often signal a bounce and because of this – we are flat in the market at the moment. We like selling rallies – and will certainly get other chances to do so. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion Network operates … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| EUR/USD Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:21 AM PDT By ForexMansion.com The EUR/USD pair broke through the 1.45 mark as the US jobs numbers came out poorly on Friday. The market is abuzz about Greece settling to take austerity measures again, in order to receive bailout funds again. The IMF is set to send money their way in a few weeks. This is going to be interesting to watch – but the truth is the charts look very bullish all of the sudden. As long as we are above the 1.45 area, we would be bullish this pair. Originally posted … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| EUR/JPY Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:19 AM PDT By ForexMansion.com The EUR/JPY had a fall, and then a massive rush upwards later in the session on Friday. The pair has found the 117 as supportive, and looks to continue upwards. The pair got a lift from the news that Greece will continue further austerity measures in order to get their bailout again. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| EUR/GBP Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:18 AM PDT By ForexMansion.com The EUR/GBP shot up during the Friday session as word got out that the Greeks are willing to take on extra austerity measures in order to get their next set of handouts from the IMF and EU. The pair is decidedly bullish at the moment – but it simply parabolic while within a range. If you buy now, you are chasing this trade. We are approaching the top of the recent trading range, so a fall isn't out of the question from the 0.90 area or so. If we can get over … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| EUR/CHF Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:17 AM PDT By ForexMansion.com The EUR/CHF bounced around during a volatile session on Friday, only to end up fairly unchanged. The Euro managed to get a bid as the Greeks might finally be coming to the table and willing to accept some much needed pain in the form of austerity. The market is still bearish, and as long as we are under 1.24 – there is a "sell the rallies" kind of feel to this pair. Originally posted here Find more information about technical analysis, fundamental … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| AUD/USD Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:16 AM PDT By ForexMansion.com The AUD/USD had a very volatile session on Friday, and managed to stay well within our potential bullish flag. Until we break out of the flag, we don't recommend a position at all – simply because shorting isn't possible in this market. The trend is still up, and we would prefer to see a daily close above the top of the flag. Originally posted here Find more information about technical analysis, fundamental analysis and news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| AUD/NZD Technical Analysis For June 6, 2011 Posted: 03 Jun 2011 11:16 AM PDT By ForexMansion.com The AUD/NZD continued its rally against the Kiwi on Friday, breaking the top of the recent consolidation area. If the pair can get over the 1.32 area, it would be a great sign of strength. As long as we are under that mark, we feel that it is still showing weakness. We are currently sitting on our hands in this pair at the moment. Originally posted here Find more information about technical analysis, fundamental analysis and news on … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| USD/JPY Technical Analysis For The Week Of June 6, 2011 Posted: 03 Jun 2011 11:06 AM PDT By ForexMansion.com The USD/JPY fell during the course of the week, and is currently testing the 80 level as traders are buying the Yen as a safe haven trade. The central banks are below and supporting this pair. Because of this, we won't sell, but we aren't comfortable buying here either. We need more information in order to place a buy order. The EUR/JPY is a more attractive pair. Originally posted here Find more information about technical analysis, fundamental … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| USD/CHF Technical Analysis For The Week Of June 6, 2011 Posted: 03 Jun 2011 11:05 AM PDT By ForexMansion.com The USD/CHF pair broke the 0.85 mark decisively this past week and even managed to close near the lows of the week. This is a very bearish turn of events in a pair that is already very bearish. Because of this, we simply cannot buy this pair under any circumstances. The best trades are selling rallies, and new lows. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| USD/CAD Technical Analysis For The Week Of June 6, 2011 Posted: 03 Jun 2011 11:04 AM PDT By ForexMansion.com The USD/CAD pair had a volatile week, breaking through the 0.98 area on Friday, only to be turned around. This pair is still following the oil markets closely, and should continue to do so. The trend line managed to take control back, and this pair looks like it is mulling over whether or not it want to continue the run down, or attempt a rise in value. A break of the week's lows would be an extremely bearish sign. A break above the highs could be construed as a … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| NZD/USD Technical Analysis For The Week Of June 6, 2011 Posted: 03 Jun 2011 11:03 AM PDT By ForexMansion.com The NZD/USD had a slightly bearish week as the markets were very volatile. The pair managed to bounce off of the important 0.81 area twice, and shows that perhaps we are simply resting at this point. We still think this pair is bullish, and are interested in buying dips as this pair continues to move higher. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| GBP/USD Technical Analysis For The Week Of June 6, 2011 Posted: 03 Jun 2011 11:01 AM PDT By ForexMansion.com The GBP/USD had a slightly bearish week as the markets were very volatile. The pair looks to challenge the 1.65 level, and should make its way towards it in the first two days of next week. The candle formed was a hammer, albeit in traffic. This suggests that there is underlying strength in this pair still. We buy on dips. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| GBP/JPY Technical Analysis For The Week Of June 6, 2011 Posted: 03 Jun 2011 10:26 AM PDT By ForexMansion.com The GBP/JPY had a bearish week but is currently bouncing off of the 130-131 area, right where major support can be found. Because of this, we still see a basing pattern, and are potentially bullish for the long-term prospects of this pair. We are buying on dips for short-term gains. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion Network … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
| GBP/CHF Technical Analysis For The Week Of June 6, 2011 Posted: 03 Jun 2011 10:25 AM PDT By ForexMansion.com The GBP/CHF had a bearish week as the Swiss franc continues to be a favorite of FX traders. The daily chart shows a hammer, so a bounce could be coming. However – the prudent trader will simply wait for an opportunity to sell again. This pair is bearish, and it is going to remain so. Originally posted here Find more information about technical analysis, fundamental analysis and news on ForexMansion.com. About ForexMansion.com: The Finance Mansion … [visit site to read more] or compare Best Credit Cards and Balance Transfer Credit Cards  
 |
0 Comments:
Post a Comment
Subscribe to Post Comments [Atom]
<< Home