Showing posts with label 4x. Show all posts
Showing posts with label 4x. Show all posts

Monday, February 28, 2011

FOREX VIDEO | New York Session Review | February 23, 2011


During the first half of the trading day, the euro climbed against the US dollar in a three steps up, two steps down fashion. After the US equity market open, the EUR/USD currency pair saw its biggest move of the day: a 75-pip rally from its New York session low.

Tuesday, January 11, 2011

FOREX VIDEO | New York Session Review | January 4, 2011


The US dollar started the New York session with a firm tone as commodities saw a sharp sell-off. The greenback also got a boost from data showing a rise in US factory orders and an upward revision to durable goods orders figures. The EUR/USD currency pair fell more than 100 pips after the opening bell on the New York Stock Exchange.

Sunday, January 9, 2011

FOREX VIDEO | New York Session Review | January 3, 2011


On the first trading day of the new year, the EUR/USD currency pair rose roughly 90 pips from its New York session low during the two hours prior to the London close.

Sunday, January 2, 2011

FOREX VIDEO | New York Session Review | December 31, 2010


The GBP/CHF currency pair got a boost from a firmer British pound and what was likely some profit taking on Swiss franc long positions. The pound swissie rose more than 150 pips from its New York session lows, before finishing 2010 just north of 1.4550.

Saturday, January 1, 2011

FOREX VIDEO | New York Session Review | December 30, 2010


The Swiss franc attained new all-time highs against currencies from both sides of "the pond" today. The GBP/CHF currency pair fell more than 100 pips during the New York session, settling near 1.44 at the end of the European trading day.

Thursday, December 30, 2010

FOREX VIDEO | New York Session Review | December 28, 2010


The EUR/USD currency pair dropped more than 170 pips following a failed ECB monetization sterilization.

Sunday, December 19, 2010

FOREX VIDEO | New York Session Review | December 13, 2010


Demand for the US dollar disappeared and investor appetite for riskier assets returned today as China refrained from raising rates. Pressure on the greenback continued following a warning from Moodys citing increased odds of a negative outlook on the US sovereign rating. The EUR/USD currency pair rose more than 150 pips over the course of the New York session.

Tuesday, December 14, 2010

FOREX VIDEO | New York Session Review | December 10, 2010


The dollar recouped its Asian session losses following the release of a report showing a 13% drop in the US trade deficit in October.

Thursday, December 9, 2010

FOREX VIDEO | New York Session Review | December 1, 2010


The recently beleaguered euro started a new trading month with it's biggest one-day gain against the U.S. dollar in six weeks. The European trading day ended with a bang as rumors of a US financial contribution to the eurozone's EFSF sparked a 110-pip rally on the EUR/USD currency pair over just eight minutes.

Monday, November 29, 2010

FOREX VIDEO | New York Session Review | November 24, 2010


During the early part of today's London session, the EUR/USD completed a 1000-pip drop from its November 4th high. The pair then recovered during the New York morning hours to finish the European trading day near yesterday's low.

Friday, November 19, 2010

FOREX VIDEO | New York Session Review | November 15, 2010


Euro bulls have been largely absent during the past several New York sessions, and today was no exception. The EUR/USD currency pair dropped more than 80 pips following the opening bell on the New York Stock Exchange.

FOREX VIDEO | New York Session Review | November 16, 2010


An aversion to risk dominated the global financial markets today, adding fuel to the U.S dollar's recent recovery. The GBP/USD and USD/CAD currency pairs saw moves exceeding 100 pips during today's New York session.

Wednesday, November 17, 2010

FOREX VIDEO | New York Session Review | November 11, 2010


For the fifth consecutive New York session, the euro gave up ground versus the dollar. The EUR/USD currency pair fell more than 70 pips from its session high before finding support at an overlap of daily and weekly pivot points.

Tuesday, November 16, 2010

FOREX VIDEO | New York Session Review | November 12, 2010


The euro spent the greater part of the European trading day gaining ground against the major currencies on the back of market rumors of IMF aid for Ireland. Two hours into the New York session, the euro's rally ended, and the common currency ended the trading week on a softer note.

Friday, November 12, 2010

FOREX VIDEO | New York Session Review | November 9, 2010


The U.S. dollar was broadly firm against the other major currencies for the third consecutive New York session. Even so, scalpers did find opportunities to profit from selling the greenback.

Thursday, November 4, 2010

FOREX VIDEO | New York Session Review | November 1, 2010


The greenback, firmer against most major currencies following a bounce at key technical support earlier in the trading day, rallied further following the release of an ISM report on US manufacturing.

Friday, October 29, 2010

FOREX VIDEO | New York Session Review | October 22, 2010


For the second day in a row, the U.S. dollar clawed its way higher against several major currencies. The GBP/USD currency pair fell more than 70 pips during the New York session.

Sunday, October 24, 2010

FOREX VIDEO | New York Session Review | October 19, 2010


The risk on/off trade was unmistakably in off mode during today's New York session. A surprise rate hike from China's central bank contributed to a broad aversion to risk that provided a lift to the U.S. dollar. In pip terms, today's downside move on the AUD/USD was the biggest for that currency pair in 5 months.

Saturday, October 23, 2010

FOREX VIDEO | New York Session Review | October 20, 2010


Yesterday's gains by the U.S. dollar against the euro were virtually wiped out. From the Asian open to the last hour of the European trading day, the EUR/USD currency pair rose nearly 300 pips.

Friday, October 22, 2010

FOREX VIDEO | New York Session Review | October 15, 2010


The greenback staged a recovery against the major currencies following a speech by Fed chairman Bernanke and a quartet of U.S. news reports. The EUR/USD currency pair dropped more than 200 pips to close the trading week below the 1.40 level.