Currency |
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Dollar Strengthens, Housing Sector Declines Further
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Temporary dollar strength was witnessed on the day following Monday’s observance of the US Labor Day holiday. With consecutive losses against the majors in recent sessions, the underlying greenback was due for a break.
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EUR/JPY Bouncing from Daily Trend Support
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EUR/JPY is making a feeble attempt to hold daily uptrend channel support at the 148.50 region.
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Japanese Yen Reversal
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Currency technical analyst Jamie Saettele analyzes the Japanese yen against currency from Canada, Switzerland and New Zealand.
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US Dollar Mixed
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In the daily currency technicals, the euro is in a tight range, the Japanese yen strength is set to correct, the British pound gets hit hard, and the Swiss franc continues in a tight triangle.
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10 Questions for Your Trading Plan
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In order to manage your emotions effectively when trading, you need to create a written plan that you can review regularly to stay focused on your goal of trading success.
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Deeper Correction in USD/JPY?
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USD/JPY failed at the major 2006 downtrend resistance of 117.50 area last week, and has since moved 150 points lower to test the 5-month uptrend channel support at 116.00 zone.
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New Quarter Could Bring New Movements for US Dollar
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With both the US and Canadian markets closed for Labor Day, trading has been extremely quiet in the US dollar against the euro and British pound. However, the Japanese Yen charts see a sharp slide in the dollar against the yen.
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Trade or Fade: Weekly Analysis of Major Currencies
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Currency strategist Boris Schlossberg analyzes the major currencies for the week of September 4.
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Euro Hints at Upside
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In the daily currency technicals, the euro hints at upside, the yen breaks last week's lows, the British pound is inconclusive in ascending triangle, and the Swiss franc is trapped in a range.
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The Odds Czar: Index Futures Biases for September 5
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Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for September 5.
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