Kathy Lien @ July 9, 2012 # Comments Off
My trade of week on CNBC’s Money in Motion on Friday was to sell EUR/JPY. It was a jam-packed show and my window to talk about the trade was short. Therefore I want to take this opportunity to explain in further detail why I really like this trade, particularly since its finally rebounding [...]
larrygreenberg @ July 9, 2012 # Comments Off
The dollar is 0.2% softer on balance against the euro and Swiss franc but earlier touched $1.2256. Before the weekend on Friday, the common European currency got as weak as $1.2259, breaking below the prior 2012 low of $1.2289 set on June 1. The …
ForexCycle.com @ July 9, 2012 # Comments Off
AUDUSD Analysis. AUDUSD breaks below 1.0240 support, suggesting that a cycle top has been formed at 1.0328 on 4-hour chart. Further decline would likely be seen over the next several days, and the target would be at the lower line of the price channel….