2011 October | GoldTradingCalls.com

Using a Valid Trendline

Be Certain to Follow the “Three Touch Rule”

October 31, 2011 | Posted in Currencies | Read More »

USD Stages Largest Rally Since August- Index Clears Key Resistance

The Dow Jones FXCM Dollar Index (Ticker: USDollar ) surged more than 2% today as equity markets tumbled on renewed European debt concerns and end-of-month profit taking.

October 31, 2011 | Posted in Currencies,Dow,Euro | Read More »

Bank Research Consensus Weekly 10.31.11

The dollar has fallen just as fast as it rallied and is now almost back to August levels. This has caught the market on the wrong foot, as a general euro bearish sentiment meant that investors had been sitting on significant short euro positions.

October 31, 2011 | Posted in Currencies,Euro | Read More »

GBP/USD: Trading the Advance 3Q U.K. GDP Report

Economic activity in the U.K. is expected to expand at a faster pace in the third-quarter, and a positive GDP report should prop up the British Pound as it encourages an improved outlook for the region.

October 31, 2011 | Posted in Currencies | Read More »

US Dollar Speculative Longs Decline from Record

US Dollar speculative long positions have declined from a record. The surge in longs since September is reminiscent of the Fall of 2008 and late 2009.

October 31, 2011 | Posted in Currencies,US Dollar | Read More »

Forex Strategy Outlook: Volatility Guaranteed, Breakouts Attractive

An exceedingly busy economic calendar points to major moves in the Euro/US Dollar, US Dollar/Japanese Yen, and other key forex pairs. We favor trading high-volatility strategies until further notice.

October 31, 2011 | Posted in Currencies,Euro,US Dollar,Yen | Read More »

USD To Consolidate Ahead Of FOMC, Yen Weakness To Be Short-Lived

The greenback rallied across the board on Monday and the reserve currency may continue to appreciate over the next 24-hours of trading as market sentiment falters.

October 31, 2011 | Posted in Currencies | Read More »