After a very busy and volatile week that ended with the Non-Farm Payrolls, the markets are now closed. For the weekend, here are some interesting forex-related reads that focus on the big picture. Enjoy!
- Larry Greenberg analyzes the spread between the American and European PMIs – an important factor for the EUR/USD.
- Lior Cohen looks at the big picture in gold prices, and looks to the future. They indeed reached the predicted targets.
- Andriy Miraru reviews a new forex book about trading chart patterns.
- Michael Greenberg discusses the impressing profits reported by Saxo Bank and finds interesting gems in the long report.
- Francesc Riverola reports about a new forex site: ForexTrib.
- Adam Kritzer analyzes the forex industry and sees the competition heating up.
- James Woodley discusses moving average crosses and states that they are not profitable.
- Jay Norris talks about time frames and suggest taking a different approach.
- Nathan Tucci, on Casey’s site, lays out his trading plan in points.
Here are some long term articles published on Forex Crunch this week:
- Gold is Approaching a New Breakout – Another way to utilize the rising prices of the precious metal.
- The risk of an ECB about turn – A deeper analysis of what’s going on inside the European Central Bank, that has returned to the center stage.
- Irish Bank Defaults Closer as Voters Speak Out – While the Euro rides on the imminent rate hike next month, the troubles are still boiling underneath the surface.