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Looking to buy retracements this month

I will be waiting to buy retracement of the major pairs against Usd this month
I am looking at daily charts
and will be keeping an eye on Gbp, Eur, Nzd, Aud and Chf
After all Major pairs seem to have hit their highs against Usd last month
the retracement of most pairs is in full effect now
I will be looking for continuation of this trend
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MajorS Currency

Morning Traders;today will see the Aud , its move'n others currency Majors.Tonight's Reserve Bank of Australia monetary policy announcement is one of this week's most important event risks. The market is completely divided on whether the central bank should cut interest rates, which pretty much guarantees a big reaction in AUD/USD. Interest rate swaps show investors pricing in only a 65% chance of a rate cut this evening. The case for easing is strong, but economists are not sure whether the RBA…
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FX Market Review - Technical Analysis of the Markets Returns!

Some of you may know I conduct a Daily Webinar through Dukascopy, where I a…
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ANABEVZ avatar
ANABEVZ 18 8月

Good news!

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YELLEN's leadership Dollar 2014 OUTLOOK_ good or bad?

Hello All,
As we all know that the Taper has been on, despite newly appointed Fed Chair - Yellen, who has been pretty dovish for USD overall. US Dollar had tumble few months back when Larry Summer stepped out and it became apparent that Yellen would be the next Chair. Market reacted '$ negative' quite significantly.
Now, big question is - will the Taper continue or Yellen would play strong role in slowing the pace of tapering? Or perhaps, even pause it for a period of time? How will this effec…
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Majors and yen pairs still hurting today

The Yen crosses are still hurting today after falling further overnight
Usd/Jpy fell quite a bit overnight too
and the majors are struggling with their supports
Eur/Usd struggled with 1.363 support and I decided to buy there - but that support is broken now
(or so it seems) next support will lie around 1.352
I expect Usd/Jpy to bounce back a bit before falling to 103.6,
and the Yen crosses should follow that lead:
Eur/Jpy, and Gbp/Jpy showed some bounce from their initial supports today,
and I a…
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Majors stronger, crosses weaker

After seeing stronger data coming out of the US last week, and the government holding off tapering for now,
we saw the major currencies stronger, while the crosses were all hurting
Now I understand what happened to the crosses because they were in need - - technically -- of retracement
The JPY crosses are not going down yet, though, but I will be waiting for their retracement the coming weeks
USD/JPY is going up strongly at the moment, and EUR/JPY, GBP/JPY etc are following like puppies,
it is h…
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