After a busy week that saw various breakouts, the markets are now closed. It’s time to sit back and enjoy some long term forex reads, from selected sources on the web. Enjoy!
This week’s main theme was undoubtedly the European rate hike, that weakened EUR/USD at first, but then turned into a wild rally.
- Kathy Lien talks about Chinese rate hikes, and their diminishing impact on the markets.
- Lior Cohen explains what’s going on in oil, as prices reach the highest levels since 2008.
- James Chen discusses the next long term levels for gold, which is also breaking records.
- Francesc Riverola reports about a new record for FXStreet in March, as the global turmoil (Japan, Middle East, Europe) rocks currencies and interest in currencies.
- Michael Greenberg interviews FXCM CEO Drew Niv and finds out that the US forex broker is negotiating further acquisitions.
- Adam Kritzer interviews Ben Wong and Yan Tse from Action Forex about trade ideas, rate hikes and more.
- Casey Stubbs interviews Tim Borquin about how he got started trading and lots more. Many interviews today.
- Andriy Moraru shows the top forex currencies on a nice map.
- Jay Norris sees a 4 year bear trendline weighing on USD/JPY.
- James Woodley explains why forex trading should never be your only source of income.
Here are long term recommended reads published on Forex Crunch this week:
- The FX significance of higher ECB rates – how it will affect EUR/USD in the long term.
- Stop Moving Your Stops – A reminder of what happens when you bend your stop loss orders.
- Market Trends Favor Australian Dollar gains, Japanese Yen losses – Interviews with DailyFX analyst David Rodriguez.
- 5 Most Unpredictable Currency Pairs – a list of the worst pairs to analyze. This complements the list of the most predictable currency pairs.