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InnerFX Forex Blog - Currency re

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a currency trading blog providing technical analysis reports and trading strategies

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Euro Recovering Ahead of German Vote; Markets Under Pressure After Another Sell-Off

From InnerFX Forex Blog - Currency re, 7 month ago, Read 0 times. Similar articles

Quote of the day: “Nothing great was ever created by waiting around for someone to tell you it's all going to be okay or for perfect information to drop from the sky” ~ Jonathan Fields Good morning. The markets pulled back yesterday in risk-off trade but the euro is currently recovering ahead of German lawmakers vote on Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: AUDNZD, AUDUSD, Australian Dollar, bailouts, breakout trading, British Pound, Euro,... Read more
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Dollar's Correction Continues, Reversal Patterns Still Valid

From InnerFX Forex Blog - Currency re, 7 month ago, Read 0 times. Similar articles

Quote of the day: “Never trouble another for what you can do for yourself.” ~ Thomas Jefferson Good morning. The dollar pulled back yesterday, forming several reversal signals across the board as everything is correlated these days. Yesterday’s setups are still in play although most of them don’t look as good as I wanted yet, but it’s Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: AUDJPY, AUDUSD, Australian Dollar, Bernanke, breakout... Read more
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Dollar Pulling Back: Several Reversal Patterns Are Seen

From InnerFX Forex Blog - Currency re, 7 month ago, Read 0 times. Similar articles

Quote of the day: “Whenever people agree with me I always feel I must be wrong.” ~ Oscar Wilde Good morning. Several reversal signals can be found across the charts today as the dollar is pulling back against most counterparts. Let’s see which are the best charts to watch right now.  Similar setups to these below Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: AUDJPY, AUDUSD, Australian Dollar, British Pound, Dollar, Euro, EURUSD, Gold, Japanese... Read more
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Euro Remains Heavy on More Greek Default Fears

From InnerFX Forex Blog - Currency re, 8 month ago, Read 0 times. Similar articles

Quote of the day: “Free advice is worth the price.” ~ Robert Half Good morning. Things are getting uglier for the euro on more sovereign default worries. European and IMF experts return to Athens this week for a fiscal audit in order to decide whether Greece can dodge default. German Ifo Business Climate is the main Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: Australian Dollar, breakout trading, British Pound, default, Dollar, EURAUD, EURGBP, Euro,... Read more
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EURUSD Imploding After Filling the Gap

From InnerFX Forex Blog - Currency re, 8 month ago, Read 0 times. Similar articles

Quote of the day:“The difference between the right word and the almost right word is the difference between lightning and a lightning bug.” ~ Mark Twain Good morning. Dollar strengthened across the board as a reaction to Fed being pessimistic about the U.S. economy. The Fed aims to lower long-term lending rates by swapping $400 billion in short-term bonds for long-term Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: Australian Dollar, Bernanke, breakout... Read more
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Markets Waiting for FOMC, Bernanke

From InnerFX Forex Blog - Currency re, 8 month ago, Read 0 times. Similar articles

Quote of the day: “If you know how to spend less than you get, you have the philosopher’s stone.” ~ Benjamin Franklin Good morning. Big day ahead for financial markets as all eyes are on Fed chairman Ben Bernanke – everyone wondering whether more quantitative easing will be announced or what rabbit can Bernanke pull out Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: Australian Dollar, Bernanke, British Pound, Dollar, EURAUD, EURGBP, Euro,... Read more
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Euro Weakens on Italy Downgrade; Gap Not Filled

From InnerFX Forex Blog - Currency re, 8 month ago, Read 0 times. Similar articles

Quote of the day:“The secret of getting things done is to act” ~ Dante Alighieri Good morning. S&P’s downgrade of Italy derailed the gap fill and the euro is retesting yesterday’s low around $1.3600 while writing this. Things are likely to remain ugly for the eurozone in my opinion (and everyone’s except some politicians or Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: Australian Dollar, breakout trading, British Pound, CADJPY,... Read more
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Euro Resumes Decline

From InnerFX Forex Blog - Currency re, 8 month ago, Read 0 times. Similar articles

Quote of the day:“We learn from history that we learn nothing from history” ~ George Bernard Shaw Good morning. Last week’s euro recovery was indeed corrective and the single currency is trading lower across the board, gapping down over 100 points over the weekend. Short-term sentiment is once again bearish and downside pressure is likely to remain Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: AUDNZD, Australian Dollar, British Pound, CADJPY,... Read more
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Euro Recovering Some Ground, Performing Well Against AUD and GBP

From InnerFX Forex Blog - Currency re, 8 month ago, Read 0 times. Similar articles

Quote of the day:“Consistency is the last refuge of the unimaginative.” ~ Oscar Wilde Good morning. Euro is now trading above 1.3700 against the greenback, taking a breath after last week’s decline. Last 3 daily candles are suggesting that current recovery is likely to continue as there’s enough room for a correction to the upside Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: AUDNZD, Australian Dollar, breakout trading, British Pound,... Read more
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Euro Little Changed Since Yesterday, Recovery Modest

From InnerFX Forex Blog - Currency re, 8 month ago, Read 0 times. Similar articles

Quote of the day:“In a networked world, trust is the most important currency.” ~ Eric Schmidt Good morning. Yesterday’s euro recovery was short-lived as the pair fell back below $1.37 during the Asian session and reached a 10-year low against the Japanese yen. A conference call between Greek Prime Minister George Papandreou, Angela Merkel and Nicolas Sarkozy is one Read More © 2011 FX Trading Blog - innerfx.com | Article Source | Post tags: Angela Merkel, Australian Dollar,... Read more
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