July 18th, 2011 21:24:31 GMT

ForexLive Asian market open

by

Very little change in the majors compared with yesterday and it looks at first glance as though it’s going to be a quite session in Asia. The market is bearish on both the EUR and the USD and is also … Continue reading

Comments Off

July 18th, 2011 03:27:30 GMT

Around the markets

by

Regional bourses are lower by just under 0.5% on average. Gold is trading at $1597/oz, having earlier seen record highs above $1599/oz. Oil is trading flat at $97.20 but some soft commodities like wheat and corn are over 1% lower. … Continue reading

1 Comment

July 14th, 2011 23:57:07 GMT

Risk trades drifting lower after S&P statement

by

Little surprise to see USD/CHF and USD/JPY leading the move lower after the S&P statement; more reasons for risk aversion and more reasons to sell the dollar. Short-term support is seen around .8110 in USD/CHF and 78.70 in USD/JPY.

10 Comments

July 14th, 2011 21:38:27 GMT

Cititechs going long USD/CHF

by

Good luck boys, you can expect some ups and downs. They have gone long through the options market which, given the swings in the spot market, certainly makes sense. Their technical reasoning is sound; USD/JPY has stalled at major Fibo … Continue reading

9 Comments

July 13th, 2011 22:40:48 GMT

CHF staying very volatile

by

EUR/CHF has been up and down between 1.1500/50 and USD/CHF between .8100/30. The barrier at 1.1500 was breached, with 1.1496 the low I’m hearing. The lack of downside follow through suggests to me that the sole target was the barrier … Continue reading

1 Comment

Top

© Copyright 2014 ForexLive™  |  Advertise With Us  |  Login To Comment  |  Sitemap

HIGH RISK WARNING: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange, carefully consider your investment objectives, experience level, and risk tolerance. You could lose some or all of your initial investment; do not invest money that you cannot afford to lose. Educate yourself on the risks associated with foreign exchange trading, and seek advice from an independent financial or tax advisor if you have any questions.

ADVISORY WARNING: FOREXLIVE™ provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and FOREXLIVE™ specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Forex dealer. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. FOREXLIVE™ expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.