Trading Forex in Baskets to diversify trading risk for both, speculative trading or hedging Forex risk by Ron Schelling
Drilling down, Support and Resistance
by Triffany Hammond
February 09, 17:00 GMT
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Nice trending Major Currency Pairs last week and all trend very strongly.
Next week will be an interesting week, but also a long way to change these trends.
Check it out with earlier posts or have a look at the other pairs at: http://www.2hedge.com/mmfxhedge.html
Multiple Trend Analyses on the Chilean Peso against the US Dollar.
Bottom Red/Green line is the Weekly Trend with Daily Trend above the weekly.
Red/Green dot indicates speculative buy/sell signals on daily data.
Breakout levels for week # 6 which you can compare to last week breakouts.
For details see also: http://www.2hedge.com/mmvbo.html
The AUD/USD is crashing to new fresh lows and all indicators are heading down.
Now sign of any turnaround, only a close above the previous week can change the picture but thats a long way to go.
Wow, what a big move again.
The weekly EUR/USD trend (bottom Red/Green Bar) is already down since the beginning of November 2009 and mainly used for heding purpose, while the daily trend had a litlle moment to turn positive, but turned down again quickly.
Both trendindicators are down again now for almost 2 weeks and the only positive is that the breakout to the south is going to fast to stay healthy.
Still a nice breakout anyway for speculators !
Breakout levels for week # 5 which you can compare to last week breakouts.
For details see also: http://www.2hedge.com/mmvbo.html
Multiple Trend Analyses on the Chilean Peso against the US Dollar.
Bottom Red/Green line is the Weekly Trend with Daily Trend above the weekly.
Red/Green dot indicates speculative buy/sell signals on daily data.
The state finance in Greece has been a constant concern in the financial markets lately, and seems to put downward pressure on the Euro. The spread between German and Greek government bonds increased to the highest level since Greece joined the European Union.
(c) DnBNOR
The USD/CHF is about to breakout further north after the news the USA didn’t higher interest rates.
Both daily and weekly trends are in the green and so up, but any normal correction is healthy to maitain the long term trend.
