Forex Killer App. Blog

EURUSD has now fallen over 4.5% in the 2 weeks since the surprise non-farm payrolls, and the exit of USD short positions in the market now looks less like a temporary correction and more like a trend reversal with every passing day. Despite still being in… (source: ACM Newsletter) - RSS widgets and RSS [...]

Although current rebound suggests recent rise from 0.9910 low has possibly resumed and gain to 1.0550/55 is likely, loss of near term upward momentum would prevent sharp move beyond resistance at 1.0592 (previous support turned resistance) and risk from there has increased for a strong retreat later tomorrow.
Source:Trade Idea: USD/CHF - Buy at 1.0350

The U.S. dollar has strengthened against all higher yielding currencies on the fear of a global health pandemic. A respiratory disease known as the swine flu is spreading across the globe.
Source:Dollar's Reaction to Swine Flu Temporary?

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Source:High Velocity Market Master - A Trading System That Can Trade Forex, Stocks, [...]