Category: Guest Post
Fundamental Overview – Market Movers Last Week – 11/08/2010
The U.S. Dollar lost considerable ground against all the major currencies last week, with the exception of the Japanese Yen which lost -1.2% against the Greenback. The U.S. Dollar’s decline was attributed primarily to the release of QE II, the new quantitative easing measures announced by the U.S. Federal Reserve Bank with the intention of
3 Tips For Controlling Your Emotions
Trading can be one of the most emotionally taxing activities that you can partake it. The emotionally highs and lows that result from our successes and failures as traders can really take their toll and eventually cause many would be traders to quit before they ever get a chance to realize their full potential. In
Fundamental Overview – Market Movers Last Week – 11/01/2010
The U.S. Dollar had a mixed week against the major currencies, falling against most of them, but gaining slightly against the Australian Dollar and the Euro. The set of economic data out from the United States had a net negative effect on the Greenback. The U.S. Dollar Index declined by -0.21 last week from 77.47
More US Dollar Strength? Elliott Wave Review
Global markets are trading higher since the GDP numbers were released on Friday, pushing the US dollar lower across the board, especially against the Australian dollar as the RBA unexpectedly hikes rates to 4.75%
Why You Will Fail As A Trader
In our everyday lives emotions are great. They make it possible for us to enjoy life and create lasting relationships with other human beings. In fact many argue that our complex emotional abilities are part of what makes human. Emotions are great but there are times when having them are more of a burden than
Flat Correction in USD/JPY
Hello traders! In one of our latest articles, published in the middle of the week here at Forex Crunch, we were discussing about Usd/Jpy and a potential Long opportunity after a nice pull-back against five waves that appeared from the 80.40 area. Well, unfortunately the pair did not go in our preferred direction, prices went straight
Trading The News Is A Fools Game
In the world of trading people have devised all types of methods for trying to turn a profit. Some are fundamental traders while others are technical, and some use indicators while others focus on price action. The aforementioned traders make up the majority of traders, but there is another group. A group that some might
Bullish Reversal for USD/JPY?
Usd/Jpy formed a sharp impulsive downtrend over the past few weeks, from 85.95 top, which was established after the BOJ intervened in September. Obviously, intervention did not work as pair formed a nice five wave, called an impulsive decline with a recent low at 80.40. Always when five sequence is finished, a correction in the
Gold Bullish in Near Term
Gold should be headed higher in the very near term, at least towards the 1360, as we anticipate at least three wave move on the upside from 1315 lows; either you count a decline from 1387 highs as a five wave move or a complex double zig-zag correction
Fundamental Overview – Market Movers Last Week – 10/25/2010
The U.S. Dollar staged a corrective rally last week after several weeks of declining against the other major currencies. The Greenback rose against all of the other majors, with the sole exception of the Japanese Yen against which it fell a mere three pips. The U.S. Dollar Index gained + 0.43 points last week to