Insider's to Forex Trading Secrets

US Session: Orders and Options Watch

EUR: Although the single currency jumped in yesterday's New York trade, euro dropped again today on risk aversion and bids at 1.2770 were filled, however, buying interests from semi-official names are still noted at 1.2720-30 with some stops placed bel...

US Session: Orders and Options Watch is a post from: Insider's to Forex Trading Secrets

EUR/USD Mid-Day Outlook

Intraday bias in EUR/USD remains neutral for the moment. Another rise cannot be ruled out as consolidation from 1.2641 extends. But upside is expected to be limited below 1.2994 resistance and bring fall resumption. Sustained break of 1.2625 will confi...

EUR/USD Mid-Day Outlook is a post from: Insider's to Forex Trading Secrets

GBP/USD Mid-Day Outlook

GBP/USD's consolidation from 1.5731 is still in progress and intraday bias remains neutral for the moment. Stronger recovery could be seen but upside is expected to be limited by 38.2% retracement of 1.6300 to 1.5731 at 1.5948 and bring fall resumption...

GBP/USD Mid-Day Outlook is a post from: Insider's to Forex Trading Secrets

USD/CHF Mid-Day Outlook

USD/CHF's consolidation from 0.9499 is still in progress and intraday bias remains neutral. Deeper retreat could be seen to 4 hours 55 EMA (now at 0.9363) and below. But in that case, downside is expected to be contained by 38.2% retracement of 0.9041 ...

USD/CHF Mid-Day Outlook is a post from: Insider's to Forex Trading Secrets

USD/JPY Mid-Day Outlook

USD/JPY's recovery from 78.99 temporary low extends further today and is heading back to 80 psychological level. More upside could be seen. But after all, near term outlook remains bearish with 80.54 resistance intact and deeper decline is still expect...

USD/JPY Mid-Day Outlook is a post from: Insider's to Forex Trading Secrets

Mid-Day Report: Yen Weakened after Fitch Downgrade

Fitch lowered Japan's long-term currency rating by two notches from AA to A+ today. The more important local currency rating was also lowered by 1 notch from AA- to A+. Both were give a negative outlook. Fitch noted that the downgrades and negative out...

Mid-Day Report: Yen Weakened after Fitch Downgrade is a post from: Insider's to Forex Trading Secrets

EUR/JPY Daily Outlook

Intraday bias in EUR/JPY remains neutral for the moment and more consolidations could be seen above 100.20 temporary low. Recovery might extend to 4 hours 55 EMA (now at 102.29) and above. But upside should be limited well below 104.61 support turned r...

EUR/JPY Daily Outlook is a post from: Insider's to Forex Trading Secrets

GBP/JPY Daily Outlook

Intraday bias in GBP/JPY remains neutral and more consolidations could be seen above 124.64 temporary low. But recovery should be limited by 127.10 support turned resistance and bring another fall. Below 124.64 will extend the decline from 133.48 to 61...

GBP/JPY Daily Outlook is a post from: Insider's to Forex Trading Secrets

EUR/GBP Daily Outlook

With 0.8024 minor support intact, recovery from 0.7949 is still in favor to continue. But upside should be limited by 38.2% retracement of 0.8505 to 0.7949 at 0.8161 and bring fall resumption. Below 0.8024 minor support will flip bias back to the downs...

EUR/GBP Daily Outlook is a post from: Insider's to Forex Trading Secrets

EUR/USD Daily Outlook

EUR/USD's recovery from 1.2641 is still in progress and further rise could be seen to 4 hours 55 EMA (now at 1.2829) and above. But strong resistance should be seen below 1.2994 to limit upside and bring fall resumption. Sustained break of 1.2625 will ...

EUR/USD Daily Outlook is a post from: Insider's to Forex Trading Secrets