FOREX PRO Weekly June 27 – July 01, 2011

Fundamentals There is no need to be a prophet to say that situation on the markets remains tough. As a confirmation of that we can point on USD/CHF downward acceleration as strong increase in demand for franc has taken place. Franc, by the way shows greatest appreciation in value, compares to all other currencies. Second, take a look at the yield of short-term Swiss bonds and their correlation … [Read more...]

EUR/USD Daily Video, April 27, 2011

Good morning, Market has strong upside momentum. But 1.4750 - strong area of resistance. Currently market could show retracement lower and 1.4615-1.4630 is the area that should be tracked for buy signals: ForexPeaceArmy | Sive Morten EURUSD Daily 04.27.11 The technical portion of Sive's analysis owes a great deal to Joe DiNapoli's methods, and uses a number of Joe's proprietary … [Read more...]

EUR/USD Daily Video, March 30, 2011

Good morning, recent price action was very sloppy. Today market has some patterns as to upside as to the downside. But taking into consideration, that daily trend is bearish, I have more bearish view, than bullish. At the same time, we need that market will erase bullish patterns and move below 1.4025 to have more confidence with taking short position: | Sive Morten EURUSD Daily … [Read more...]

Forex Signal (Fri March 11 7:00am NY Time EST) – CA Employment Change – Today, 03:07 AM

We’ll be getting the Canadian Employment Change release number tomorrow, here is the forecast: 7:00am (NY Time) CA Employment Change Forecast 26K Previous 69.2K Unemployment Rate 7.7% ACTION: USDCAD BUY -5K SELL 55K The Trade Plan Canadian Employment Change report will be release at 7:00am sharp today, and it's the first of two high impact tradable news releases today. What I am looking … [Read more...]