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Given the Climate in Europe, it's a Bearish Metropolis

Greece, Dominique Strauss-Kahn, Portugal, and Spain … what do they all have in common ? Creating a Bearish metropolis for Europe. The Euro has been o[...] read more »
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Bank of Japan Holds Ground, No New Rhetoric

The BOJ meeting this morning produced no new rhetoric. The previous policies of of focusing on growth vs. risk and keeping its monetary policy loss i[...] read more »
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Has the Downtrend Ended for the USD/JPY ?

The USD/JPY has so far taken a strong upside bounce from the 79.55 low and is getting very close of breaking above the 82.00. The resistance line to [...] read more »
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BOE Voted 6-3 to Hold Interest Rate at 0.5%

BOE (Bank of England) voted this morning 6-3 to keep the interest rate at 0.5%. The news comes as no surprise to many analyst, who have already predi[...] read more »
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EUR/USD Has Retraced Back to the 40% on the Fibonacci

EUR/USD has retraced so far 40% from the 1.4936 high (May 4th, 2011). According, to the Dow Analysis Theory … a retracement of 33% to 66% should be a[...] read more »
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EUR/USD and GBP/USD Combine Drop is 9.5%

Since the May 5th, 2011 – the EUR/USD has dropped 6% and the GBP/USD 3.5% in price action. The EUR/USD has broken many support lines and is getting v[...] read more »
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17 Forex Traits that are Connected with Life Lessons

We are involved daily with the currency market from learning, reading, and trading. The obvious goal of being in the market is making our money work [...] read more »
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The EU GDP Grew, Who are the Best and Worst Performers ?

Positive news for the Euro this morning, the EU 27 members GDP grew by 0.8%. The report (Eurostat) provides that latest and most accurate numbers, bu[...] read more »
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EUR/USD Extends its Drop, No Signs of Relief

EUR/USD is not showing any signs of relief and continues extending its bearish downtrend. How low will the EUR/USD go ? In an extreme bearish scenari[...] read more »
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GBP/USD Surges to the Upside, BOE Satisfied with Inflation Report

We have the GBP/USD surging to the upside this morning, due to a report from the BOE (Bank of England) that the inflation rate is on target to hit th[...] read more »
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Has Greece Called Out the EU Bluff ?

We started last week with “rumors” that Greece was planning to leave the EU, which was denied by both both parties. Once again this morning, we have [...] read more »
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EUR/USD Drops 3.9%, Is the Worst Over ?

The EUR/USD has taken a 3.9% drop since the ECB President Trichet was dovish on the future outlook of the EU interest rate and Greece was “rumored” t[...] read more »
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GBP/USD Guides the EUR/USD ... 40% of the Time !

In the world of forex trading, it’s a known fact that the GBP/USD and EUR/USD currency pairs correlate well with each other. As a forex technical ana[...] read more »
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GBP/USD and EUR/USD takes a Nose-Dive, Trichet Dovish

The GBP and EUR took a nose-dive yesterday against the U.S dollar after ECB President Jean-Claude Trichet signaled that their will be no interest rat[...] read more »
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USD/JPY Breaks 80.00 Level, G7 Intervention under Threat

USD/JPY is once again making headlines … it broke the 80.00 level and reached the 79.55 low. Expect the BOJ to make a press release about their conce[...] read more »
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