USD/JPY Open 87.62 High 87.91 Low 86.61 Close 87.37Dollar/Yen climbed on Wednesday, as expected, up to the 87.66 top, closing the day at 87.37. The upward adjustment scenario, which had created convergence, remains intact, but has now...
JPY The Japanese Yen continued its slide on Wednesday after traders continued to interpret Tuesday’s last minute meeting by the Bank of Japan, as well as a bullish stock market as a reason to unload the low-yielding...
GBP/USD Open 1.6661 High 1.6720 Low 1.6552 Close 1.6627Pound/Dollar made a lowering attempt on Wednesday, sliding down to the 1.6552 support, but failed to continue the downward momentum, and turned sharply upward, drilling up the 1.6995 resistance,...
The U.S. Dollar rallied against the Yen on Wednesday amid speculation that the Japanese government would intervene in order to prevent its currency from rising any further. The intervention would be an attempt to help the Japanese...
EUR/USD Open 1.5066 High 1.5107 Low 1.5035 Close 1.5044Euro/Dollar continued climbing on Wednesday up to the 1.5107 top, but failed to keep the ascending momentum and corrected down to the 1.5035 bottom, closing the day at 1.5044....
I’ve seen some new traders have some incredible winning results in a short period of time. However, quite often they will lose those gains as just quickly.
Forexpros Daily Analysis Dec 2, 2009 About Wayne: Mr.McDonell is the Chief Currency Coach at FX Bootcamp, a live forex training organization that teaches traders how to develop conservative trade plans based on technical and fundamental analysis,...
Trading the financial markets is one of the most competitive fields in existence today. I recently received an email from an DailyFX Course graduate who was doing all the things necessary to become a profitable trader.
USD/JPY Open 86.65 High 87.53 Low 86.53 Close 86.67Dollar/Yen rose sharply on Tuesday after an emergency meeting convened by the BOJ, which raised speculation about bank’s intervention on the market. The currency pair found good support at...
The Dollar tumbled Tuesday falling just south of 74.30 on the DXY. The Kiwi was the big winner advancing 1.38% followed by the Pound at 1.03%. Meanwhile the JPY was the only major to lose ground to...
