Is the USD Back Against the Swissy?

USD/CHF, USD, CHF, usdchf, us dollar, swissy, swiss franc, cup and handle, ron acoba, hidden bullish divergence, ron acoba, fx, fx market, fx trading, forex, forex market, forex trading, currency tradingThe 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...]

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

USDJPY, USD, JPY, US dollar, japanese yen, USD/JPY, ron acoba, daily forex picks, forex, forex market, forex trading, fx, fx market, fx trading, currency tradingThe 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?

USDCAD, USD/CAD, USD, CAD, us dollar, canadian dollar, loonie, double bottom, bullish pennant, ron acoba, forex, forex trading, forex marketFor 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...]

Euro To Bounce Back Against The Greenback?

eurusd, eur, usd, euro, us dollar, fiber, hidden bullish divergence, ron acoba, daily forex picks, forex, forex trading, forex marketThe 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...]

My Play On GBPUSD

GBPUSD, GBP, USD, british pound, sterling pound, us dollar, cable, hidden bullish divergece, ron acoba, daily forex picksThe 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...]

Canadian Dollar To Appreciate Some More?

USDCAD, USD, CAD, us dollar, canadian dollar, loonie, hidden bearish divergence, ron acoba, daily forex picksIt’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...]

Bullish Bias On The Philippine Peso

USDPHP, USD/PHP, US dollar, philippine peso, bangko sentral ng pilipinas, ron acoba, BSP Governor Amando Tetangco Jr., Ron Acoba, daily forex picks, forex trading, forex market, descending channel, symmetrical triangleBoth 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

USDCHF, USD/CHF, US dollar, Swiss franc, forex, forex market, forex trading, bearish pennant, ron acoba, hidden bearish divergence, daily forex picksHey 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...]

Earthquake And Tsunami Jolted The Japanese Yen

USDJPY, USD/JPY, USD, JPY, US dollar, japanese yen, earthquake, tsunami, miyagi, japan, symmetrical triangle, ron acoba, daily forex picksLast Friday, an 8.9 magnitude shocked the northeast coast in Japan which generated a gigantic tsunami that swept cities and killed thousands. We, at LaidTrades.com, offer our prayers to Japan especially those who are gravely affected by the disaster. [Read more...]

Bullish Setup In The Aussie Dollar (AUD/USD)!

Welcome to another day of forex trading my friends! My pick for the day is the Australian dollar versus the US dollar currency pair (AUD/USD) or the “Aussie” as many would call it. As you can see, [Read more...]

USD/CHF On The Verge Of Breaking Down

Hello everybody! My forex pick for the day is the the US dollar (USD) versus the Swiss Franc (CHF) currency pair. As you can see, there could be 2-month [Read more...]

Is USD/JPY’s Rally Over?

USDJPY, USD/JPY, USD, JPY, US dollar, japanese yen, forex, forex market, forex trading, daily forex picks, ron acoba, head and shoulders, hidden bullish divergence

After hitting a low of 81.08 last February 4, the USD/JPY pair has rallied back to mark a high of 83.97 2 days after Valentine’s day. [Read more...]

The Aussie (AUD/USD) Setup In The 1-Hour Chart

Hello traders! My forex pick for the day is the [Read more...]

Euro Versus The US Dollar (EUR/USD) Could Drop Further

The Euro dropped almost 300 pips from 1.3859 to 1.3543 against the US dollar last week when European Central Bank President Jean-Claude Trichet said [Read more...]

Violent Clashes In Egypt Rocked The Dow And The Euro

The US stock market dropped sharply last Friday as violent clashes in Egypt rocked the global financial markets.  [Read more...]

Weakness Seen In The US Dollar

US dollar index, USDX, USD, us dollar, fx, fx market, fx trading, fore forex market, forex trading, currency trading, daily forex picks, forex forecast, forex analysisMuch attention was given to the stock market for the past couple of weeks. Today, however, I’d like to divert your minds for a while towards the almighty US dollar. [Read more...]

Easy 100 Pips In The Euro Against The US Dollar!

Good day forexers! In my technical analysis, there could be a symmetrical triangle forming in the [Read more...]

New Zealand Dollar Looking To Revisit Its All-Time High Against The Greenback

The New Zealand dollar versus the US dollar (NZD/USD) is currently at 0.7770.  In simple terms, 0.7770 USD is equal to 1.00 NZD. [Read more...]

A Triangle Seen In The US Dollar Against The Japanese Yen!

Hello forex peeps! What I have here on the canvass is the daily chart of the US dollar versus the Japanese yen (USD/JPY). Last May, the [Read more...]