The US dollar had rebounded strongly after it suffered a sharp dip against the Swiss franc last August 2011. After reaching a low of 0.7066, the USD/CHF pair is now back above 0.9200. The question now is, will the USD sustain its recent run versus the CHF? [Read more...]
Is the USD Back Against the Swissy?
Gold (XAU/USD) Seen To Rebound?
Just last September 2011, gold (XAU/USD) reached a new all-time high of just above 1,900.00 US dollar per ounce. Investors’ [Read more...]
The Euro vs US Dollar (EUR/USD) Weekly Outlook (October 10-15, 2011)
In my analysis, the Euro could further [Read more...]
The Year Of The Japanese Yen
The world of currency trading has been on extreme volatility so far this year because of all the financial crisis major economies have been experiencing. So if you ask me what currency has been performing well, 2 answers come to mind. One is the Swiss franc and the other is the Japanese yen. In this section, I’ll talk about the latter. [Read more...]
Canadian Dollar To Retreat Versus the USD?
For the past year or so, the Canadian dollar or the Loonie as some traders call it has overtaken the USD. However, it appears that the USDCAD pair could already be bottoming. [Read more...]
Technical Update On Gold
Gold has managed to record new all-time highs almost day after day as investors seek refuge on this precious metal amidst the ongoing global financial turmoil. Now having recently marked a high of $1,894.79 per ounce, will it continue to rise or will it at least consolidate or even correct in the mean time? [Read more...]
Scored Some On The GBPJPY
Hi FX fellas! Here’s an update on my latest GBPJPY short. [Read more...]
Opportunity To Short The British Pound Against The Japanese Yen
Hello FX friends! It’s been a while since my last forex trade. But don’t worry since I already have a [Read more...]
The USD/CHF Creates A New Low!
Last December 10, the US dollar versus the Swiss Franc (USDCHF) currency pair was forming a [Read more...]
Euro To Bounce Back Against The Greenback?
The euro got hammered by the us dollar during the last 4 days when it slipped sharply from 1.4940 last May 4 to a low of 1.4254 yesterday. However, it appears that the euro bulls will be looking to rebound from its recent losses shortly. [Read more...]
The NZD/JPY Setup
The New Zealand dollar increased its value by 20% against the Japanese Yen (NZD/JPY) from 55.00 to 66.00 in [Read more...]
The Aussie To Rise Against The Yen?
My next for pick for the day is the Australian dollar against the Japanese yen. This forex pair broke out from a [Read more...]
Silver Corrects
From $17 a year ago, the price of spot silver rose to an all-time high of $49.78 yesterday way faster than gold’s ascend. One factor is the Middle East unrest and many people who find gold expensive are moving to silver instead. [Read more...]
My Play On GBPUSD
The recent correction of the British pound against the US dollar could probably be a good opportunity for me to go long on the GBPUSD. [Read more...]
The Kiwi’s Uptrend
Since last March 17, the New Zealand dollar against the US dollar (NZD/USD) or the Kiwi pair has been trending up as seen at its 4-hour chart above. [Read more...]
Canadian Dollar To Appreciate Some More?
It’s been awhile since I posted about the forex market. But guess what? I’m back in the FX trading arena! So as I was scanning through the charts of the major currency, the USDCAD got my attention in a snap! [Read more...]
Silver Joins Gold To Superstardom
Who says silver is cheap?! Silver or XAGUSD in the trading arena is in fact trading at its all-time high along the much coveted gold or XAUUSD. So don’t get left behind… catch the silver express when it takes a halt! [Read more...]
Gold Aiming For $1,650 Per Ounce!
Bling! Bling! Who wants to join the global gold rush? Just recently the price of gold set a new all-time high at $1,476.22 per ounce. Despite trading at this level, it appears that is some more upside on gold. [Read more...]
Bullish Bias On The Philippine Peso
Both technical and fundamental data support a bullish bias for the Philippine peso against the US dollar (bearish USDPHP). Let me show you how. [Read more...]
New All-Time High Likely For The Swiss Franc
Hey guys! I’ve been away for several days now for a business trip in the Asia-Pacific but I’m back in the Forex front! So in today’s feature, I present to you the USDCHF pair. [Read more...]
