Carry trades are up strongly today and I think that this extension will continue for at least another 100-150 points in pairs like USDJPY, AUDJPY, GBPJPY and NZDJPY. This of course will all depend on how the Dow trades this morning. Futures are up slightly and equities failed to recapture all of Monday’s […]

Posted in Dow, Forex Technicals, Carry Trades, Uncategorized No Comments »

Oh how things change can change over just a few trading days. The currencies that have been making new 10-day highs are now making new 10-day lows and the ones that were making 10-day lows are now making 10-day highs. The technical trends in the currency market have certainly reversed, the only […]

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The US dollar hits new 10-day lows against many of the majors while the Canadian dollars hits new record highs.
New 10-day High
EURUSD
GBPUSD
NZDUSD
CHFJPY
CADJPY
New 10-day Low
USDCHF
EURCHF
USDCAD
EURCAD
Currency Technical Checklist 11.06.07
The Currency Checklist is based upon the Trading Plan in my book, Day Trading the Currency Market. It includes the current price, the 10-day high, low and whether the […]

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I have said often that I think the EUR/USD is headed to 1.50 and the AUD/USD to parity. My Technical Analyst Jamie Saettele’s view of the GBP/USD dovetails well into my thesis. He is expecting the British pound to hit 2.10 and move higher.
Read his Special Technical Report on the GBP/USD […]

Posted in Forex Technicals, British Pound No Comments »

New 10-day High
GBPUSD
EURJPY
CHFJPY
New 10-day Low
USDCHF
Currency Technical Checklist 103007
The Currency Checklist is based upon the Trading Plan in my book, Day Trading the Currency Market. It includes the current price, the 10-day high, low and whether the pair is trending, turning or range bound.

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Canadian and Australian dollars - the Commodity Currencies continue to be the best performers. The US dollar remains weak.
New 10-day High
EURUSD
GBPUSD
AUDUSD
EURGBP
AUDCAD
AUDNZD
New 10-day Low
USDCAD
EURAUD
GBPAUD
Currency Technical Checklist 102907
The Currency Checklist is based upon the Trading Plan in my book, Day Trading the Currency Market. It includes the current price, the 10-day high, low and whether […]

Posted in Forex Technicals, Australian Dollar, Canadian Dollar, Currency Checklist No Comments »