Posts Tagged by forex investing

USD/JPY The Week Ahead

After strong movement on both sides of the market after the Employment Situation news out of the US on Friday the pair finished moderately higher, just edging out pre-news levels. Currently the pair is in a downtrend , but a rise above 93.40 indicates a potential reversal.    Resistance beyond is at 94.00. 92.00 – 91.75 …

Tightly Wound Pairs and Strong Trends – Which Pairs to Trade? And How?

Today I am going to briefly go over a few things to notice in the markets.  For those of you who actively trade you will have noticed certain pairs have died – meaning volatility and movement has decreased.  Other pairs have been extremely active and have developed strong trends. Certain strategies work during certain types…

Battle of the EUR/USD…Who’s the Winner?

Here is a longer term view of the EUR and USD relationship.  Adam provides his analysis in this video of where the pair is likely to go. What I like about this video is he demonstrates a simple way to calculate profit targets.  The method he describes I use myself in conjunction with other profit…

Analysis of USD Index

I will be posting a forex signal later today, so check back in several hours for that.  In the mean time, as you know I love Ino videos.  They put together quality videos which cover a longer time frame than I normally trade on, so I offer these videos for the traders who are looking…

USD/JPY Breaks Major Support – Heading Lower Still?

Yesterday the pair tore through support in the 94.00 area.  A drop of that magnitude was not expected – the pair had almost a 300 pip move! The drop does signify a longer term down trend is about to begin with the target being 87.00.  Intermediate support is expected between 90.00 and 89.50. Currently the…

EUR/USD Long Term View

There are a few analysts I really respect and one of them is Adam over at Ino (Market Club). Here is a great video on the EUR/USD pair.  It is a longer term view of the pair, but is very valuable and informative for traders on all time frames. What I love about these videos…

USD/CAD Analysis: Where is it Heading? – Daily Chart

In my last post on the longer term view of this pair, I mentioned that how the pair reacted at 1.0800 would be critical in its longer term movements (this analysis was contributed to ForexPros.com and can be seen under my submitted analysis – My analysis of the eur/usd and usd/jpy can be viewed daily,…