EURUSD The dominant technical event for the Euro is still that it reversed the course of its monthly trend in November to bearish against the Greenback in sympathy with higher U.S. long-term rates. It is still however above a confluence of support between the 3-month low at approx 130.00 and the 50% retracement of the [...] [...more]
Daily Forex Report for 12/22/10 Click the link below to view Jay’s Daily Forex Report for 12/22 where he covers the major currencies and the U.S. stock market. http://bcove.me/af5hkx3u Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...] [...more]
With rallies in global stock markets, and now a blowout quarter for Ford Motor Company is the tide finally turning for U.S. Treasuries and long-term U.S. interest rates? And if U.S. rates do uptick, would it spell a bottom in USDJPY? The bond chart tells a thousand words: Jay Norris Jay Norris is the author of Mastering the Currency Market, McGraw-Hill, 2009 [...] [...more]
Relationships change, behavior does not; which is why we teach how to spot set-ups and signals in individual markets, and don’t dwell on parallel analysis between markets. We would never want to rely on a market relationship in our trading, because relationships by definition change. I focus on currencies but work with clients who actively trade commodities and the [...] [...more]
If the U.S. Treasury Bond market finally tops out it will likely mean longer-term rates have bottomed over the near term. As Treasury prices rallied sharply over the last 6-months U.S. interest rates ground lower and the financial markets focused on across the board easing by the U.S. Fed, and Treasury, who were reported to be outright [...] [...more]
Daily Forex Report for 7/28/10 Click the link below to view Jay’s Daily Forex Report for 7/28 where he covers the major currencies and the U.S. stock market. http://link.brightcove.com/services/player/bcpid86410614001?bctid=292390923001 Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...] [...more]