News

Weekly Economic and Financial Commentary : 05/02/2012
Better Data Drives Risk On, Fed QE3 Off
Dollar up versus yen on U.S. jobs data, holds steady versus euro
Weekly Forex Spot Contests - 01/30/2012 to 02/03/2012
Dollar Wobbles Despite Boffo U.S. Jobs Report

Technical Outlook

Currency Majors Technical Perspective
EURUSD - The Classic Formation set to SHAFT the Market!
Strategy for today: short USD/CHF
Currency Majors Technical Perspective

Article

Loonie and Aussie Share Downward Bond
Tide is Turning for the Aussie
Emerging Market Currencies Brace for Correction
NO QE3: What are the Implications for the Dollar?

Expert Pick

Jamie Saettele, CMT Release:04 Feb 2012, 19:04
Jamie Saettele, CMT
Technical
trade a EURUSD break
Period:1 week
Source: DailyFX
Use the first day of the month as an opening range from which to play breakouts. That range is 13218-13025. An upside break targets 13400/50 and a downside break 12875.In summary: Long on a break above 13218, target 13435 (stop 13110)Short on a break below 13025, target 12880 (stop 13150)

Ilya Spivak Release:04 Feb 2012, 19:04
Ilya Spivak
Global Macro
Stay Short EURUSD
Period:1 week - 6 months
Source: DailyFX
I initially sold EURUSD at 1.3526. Prices have now completed a bearish Three Inside Down candlestick pattern below resistance at 1.3231, the late-November swing bottom and my revised stop-loss level, hinting the corrective upswing that played out over the past two weeks may be running out of steam. I will continue to hold short, revising my soft target slightly higher to 1.2623, the latest swing low. A daily close above 1.3231 triggers the stop-loss. Initial support lines up in the 1.2927-2966 area. ...SEE CHART HERE

Technical Analysis Recomendation - Source: Barchart.com

Pair Short Mid Long Average
AUDUSD 80% 100% 100% 96%
EURUSD 20% 25% 67% 8%
GBPUSD 40% 50% 33% 48%
NZDUSD 80% 100% 100% 96%
USDCHF 60% 50% 67% 32%
USDJPY 20% 75% 33% 48%
Note: Sell Buy Hold update: Sun 05 Feb, 2012 12:05

Fluctuation

Pair 4 Hour Day Week Month
AUDUSD -15 57 120 149
EURUSD 25 21 -59 83
GBPUSD 5 14 91 58
NZDUSD -15 21 114 93
USDCHF -13 9 58 -27
USDJPY 1 35 -10 31
Update: Sat Feb 04, 2012 01:02

Market Snapshoot

EUR/USD GBP/USD USD/CHF USD/JPY AUD/USD

Currency Volatility

USD EUR JPY GBP CHF

Broker Oanda Sell/Buy Ratio

Pair Ratio
AUDJPY
34% 66%
AUDUSD
69% 31%
EURAUD
33% 67%
EURCHF
15% 85%
EURGBP
42% 58%
EURJPY
37% 63%
EURUSD
57% 43%
GBPCHF
54% 46%
GBPJPY
35% 65%
GBPUSD
60% 40%
NZDUSD
63% 37%
USDCAD
33% 67%
USDCHF
42% 58%
USDJPY
16% 84%
XAGUSD
19% 81%
XAUUSD
21% 79%
  Sell Buy

Broker fxOnline Sell/Buy Ratio

Pair Ratio
  Sell Buy

ZuluTrade Sell/Buy Ratio

Pair Ratio
AUD/JPY
0% 100%
AUD/USD
90% 10%
EUR/USD
60% 40%
GBP/JPY
17% 83%
GBP/USD
33% 67%
NZD/USD
100% 0%
USD/CAD
32% 68%
USD/CHF
45% 55%
USD/JPY
25% 75%
  Sell Buy