Archive for the ‘Daily FX’ Category
Oil Tumbles as Speculative Interest Drops, Gold Curbed by Quiet Confidence
Friday, September 3rd, 2010Neither oil nor gold would benefit from the carry through of risk appetite trends through the week’s close. With speculative interests fully drained for the extended holiday weekend, will traders rouse enough momentum to carry critical breakouts next week?
FX Technical Weekly 09-03
Friday, September 3rd, 2010The trend towards risk is back. Take advantage through the AUDUSD and EURJPY.
Currency Crosses: Technical Outlook 09-03
Friday, September 3rd, 2010Look to buy pullbacks in the Yen crosses next week.
A Sudden Gasp of NFP Volatility before Liquidity Drains
Friday, September 3rd, 2010Forex Strategy Corner: Bollinger Bands Techniques for Trading
Friday, September 3rd, 2010Bollinger Bands have long been one of the most popular technical indicators across financial markets, and many forex traders use them regularly in their day-to-day trading. The key question to ask of any forex analysis technique is nonetheless clear: how effective is the Bollinger Bands indicator as a forex strategy? This article will take a closer look at one key Bollinger Band trading strategy on several forex pairs and explores one way to improve its effectiveness.