The markets are now closed, and its time for some long term forex related reads. Here are my picks. Enjoy!

The euro’s ride began to face limits, as the promises began meeting reality. There probably won’t be any magic solution.

When it all seemed that the euro manages to forget the debt crisis for a while and enjoy some good news from the new, Fitch poured cold water on the rally with a double downgrade of Italy and Spain.

Chen previously worked at FX Solutions, and publishes his analysis also on his site FXPath. He is also an author of two great books. For more details about his new job, here’s the press release from FXDD:

The past week has also seen disappointing figures from all over the world: Germany has see a slowdown in job improvement, Britain has seen a drop in manufacturing and so did the US, which got many more depressing numbers. Part of the articles analyze this slowdown in the long run. Let’s start:

How does it work?

• Larry Greenberg analyzes bond yields, debt supply and inflation, and their implications for currencies.
• Emmanuel, at the IPE Zone, analyzes the implications of this week’s S&P credit warning for the US.
• Adam Kritzer discusses the recent rise of the Euro, and states that it’s time to short the common currency.
• Michael Greenberg reports that dbFX is shutting down and moving its clients to Gain Capital. Here’s my reaction.
• Francesc Riverola provides interviews with two women in forex.
• James Woolley walks you through the use of Bollinger Bands for technical analysis.
• Jay Norris talks about buying high and selling higher.
• Eric deCarbonnel explains how the Federal Reserve is selling PUT options on treasury bonds to drive yields down – this weighs on the dollar as well.
• Lior Cohen analyzes the result of the elections in Nigeria and their impact on oil prices.
• James Chen‘ blog is always recommended. There’s no long-term post in the past week, but if you’re not acquainted with his site, it’s about time to enrich yourself with his technical analysis.
• Jakob from TradeProfits has launched a job board. Are you in the industry? Upload your CV and get noticed.

Here are three long term articles published on Forex Crunch this week:

This week’s main theme was undoubtedly the European rate hike, that weakened EUR/USD at first, but then turned into a wild rally.

• Larry Greenberg analyzes why Japan has a safe haven status.
• Lior Cohen explains how the Middle East turmoil affects the Brent / WTI oil spread. The gap is closely watched in these days of Libyan trouble.
• Kathy Lien explains why high oil is bad for the US dollar. Here’s a recent Elliot Wave analysis of oil.
• Adam Kritzer tries to untangle the puzzle of risk appetite, an important factor that pushes currencies.
• Michael Greenberg interviews Gain Capital’s CEO, Glenn Stevens about execution performance and lots more.
• Francesc Riverola is impressed by Forex Factory’s Trader Explorer. Here’s my review of  Trade Explorer.
• Jay Norris explains the advantages of trading forex on a platform that also handles futures.
• James Woodley introduces a big forex event in 2011 – an event that takes place on the web.
• Andriy Miraru tells the story of a huge forex scam – the story of David A. Smith.
• Casey Stubbs has been at the NY Traders Expo and began mentoring a young college student named Nathan Tucci. An interesting video indeed.
• James Chen announces his achievement in FXStreet’s best forex awards. Congratulations James! Forex Crunch also had achievements.

Here are some of the long term articles published on Forex Crunch this week. There were quite a few:

• Jakob publishes 7 great tips and tricks for forex traders – this is a collaborative effort I’ve been part of.
• Kathy Lien analyzes the triangle between China, Japan and the US, and the impact on currencies.
• James Chen provides a long term analysis for gold prices.
• Lior Cohen examines the significant gap between Brent and WTI oil prices.
• James Woodley provides a complete guide for forex education.
• Andriy Miraru has an interesting poll about traders getting scammed by brokers. The methods vary.
• Casey Stubbs explains support and resistance.
• Adam Kritzer discusses the correlation between volatility and the movement of currencies.
• Jay Norris writes about trading the yen pairs, and asks to keep it simple.
• Michael Greenberg reports that yet another big US broker, FXDD, has been slapped with a class action suit.
• Francesc Riverola shows that only one of the 14 unregistered US brokers that was sued by the CFTC has responded to the claims. The others didn’t respond.

Here are some long term articles published on Forex Crunch this week: