Support Line – Courtesy of the Bank

The SNB did it again. They intervened in the forex market to weaken the Swiss Franc. Against the dollar, these moves sure are short lived, but regarding the Euro, the central bank sure marked a support line for EUR/CHF.
The Swiss National Bank intervened again in the currency markets to weaken the national currency. Like in [...]

Forex Daily Outlook – September 30th 2009

A very busy day expects forex traders today. In the US, the ADP Non-Farm Payrolls and GDP stand out. There are very important figures from all parts of the world. Let’s see what’s on the menu today:
Australian Building Approvals disappointed and fell by 0.1% instead of rising. Also last month’s figure was revised downwards. On [...]

Forex Daily Outlook – September 29th 2009

American CB Consumer Confidence and a lot of British figures dominate the scene today. Will EUR/USD recover from the plunge it made this week? Let’s see what’s up for today.
Note: After a ten day vacation, I’m glad to back, and I’;m catching up what I’ve missed in the forex scene.

German Elections and the Euro

General elections are held in Germany on Sunday, September 27th. Learning from the past, EUR/USD may move strongly at the beginning of the week, and even start with a weekend gap.
Germany’s general elections are held on Sunday, September 27th. The main contestants are the incumbent chancellor Angela Merkel of the center-right CDU party, and her [...]

Why is the Geppy So Popular?

Out of all the possible combinations of crosses, GBP/JPY, also known as the Geppy, is probably the most popular cross. Here are some possible reasons.
GBP/USD combines the British Pound and the Japanese. The most popular pair in the world is EUR/USD. The Geppy doesn’t include the Euro. Although EUR/JPY and EUR/GBP are also respected and traded, [...]

Forex Trading in the Same Position Sizes

New forex traders are usually advised to use the same position size. This is good for beginners for several reasons. But do seasoned forex traders still keep this habit? Do position sizes grow with experience? Do they change according to the type of the position?
Fixed position size for newbies
New forex traders should trade with the [...]

Forex Daily Outlook – September 18th 2009

After a hectic weak that saw much dollar weakness, Friday’s calendar isn’t crowded at all. Apart from a few indicators, a “Friday effect” may occur near the end of the day. Let’s see what’s up:
Japan starts the day with the BOJ Monthly Report. After the Monetary Policy Statement stated that there are signs of recovery, [...]

keep looking »

  • Forex Crunch

    Forex Crunch is a blog all about the foreign exchange market. It includes and will include: tutorials, basics of the forex market, daily and weekly forex analysis, technical analysis, forex software posts, and whatever is related to Forex. Forex Crunch aims to deal with forex trading, but with a more personal touch. More...

  • Stay up to date!

    Subscribe By Email

    Enter your email address:


    Trade together with Currensee

    Search

  • Forex Crunch Pages

  • Forex Categories

Bad Behavior has blocked 2563 access attempts in the last 7 days.