Fx Market Perspective

Market Analysis1.26

Written by JS T Alexander | 26 January 2012

UPDATE: US DOLLAR INDEX As of 1.26

The FOMC dovish report has placed the USD under similar pressure that resulted in moving back lower below the 80.00 basis levels. Sentiments and commitment by the Fed members in keeping rates at its low levels for an extended period of time has been quite definitive.

Mid-Week Analysis1.18

Written by JS T Alexander | 19 January 2012

EUR-GBP-USDX

The end-result of the report by the IMF to increase the lending capabilities to USD1Trillion have indeed made a difference in initially halting the bearish price action for the Euro. There were some heavy offers in the European trade before the news and some have reluctantly withdrew when the reports came out.

Trend continues...2

Written by JS T Alexander | 12 January 2012

Following EUR-GBP-USDX & cross rates

In between the reports, the currency majors were at pause while waiting for the next batch of news towards the end of the week.

S&P Downgrade vs...

Written by JS T Alexander | 16 January 2012

FX Fundamental / Technical Analysis

Fundamental: With Standard & Poor’s downgraded the sovereign credit ratings of major 9 Euro Zone countries, in effect sent the Euro further down towards the closing market last Friday. Although, with the limited time left; with Monday being a Martin Luther King holiday, some traders had been pricing in such a possibility.

Forex Prices Stalls..

Written by MegaTrade101 | 11 January 2012

UPDATE: A very Classic example of the currency market that stalls after a wide daily price move.
For a better understanding let us review the most recent market action in comparison with price alignments of the USDX.