Keep a close eye on the commodity currencies
The so-called "commodity" currencies (those that tend to be correlated with the major global commodity markets) have been very interesting of late. As you can see from the charts below, the Bollinger...
View ArticleDifferent stories depending where you look
Even if one is a short-term trader, it is worth taking a look at the longer-term chart from time to time to see how things are developing in the higher time frames. My daily work has me usually...
View ArticleProspects for USD/JPY looking forward
The yen is an enigma to many forex market participants. It doesn’t trade like the European currencies, nor does it move like the commodity currencies. Oftentimes, it trades against the dollar the...
View ArticleLooking for a Rise in USD Volatility Ahead
If you are one of those forex traders who has been moaning about the lack of volatility in exchange rates for the last while now, you may not have to wait long for better days. Conversely, if you have...
View ArticleThe only thing holding up the USD Index is the weak euro
Just about two months ago I wrote about my expectations for an expansion in volatility in the dollar. That was based on looking at the weekly USD Index chart and observing very narrow Bollinger Bands,...
View ArticleNew Highs for Stocks and the Dollar at the Same Time!?
The stock market has reached new all-time highs, which is generating considerable interest in the media. That, of course, is no surprise. Perhaps the surprise comes from the fact that stocks have been...
View ArticleProspects for More Upside in Interest Rates
Bonds have been much talked about of late. Given the sharp rise in interest rates in recent weeks (60+ basis points from the low for the 10yr Note in early May), it’s pretty easy to understand why. The...
View ArticleBollinger Bands® and Evaluating Trends
Currensee is pleased to welcome guest author Mario Singh for today's post. One of the most popular technical indicators among forex traders is Bollinger Bands®. This technical analysis tool has proven...
View ArticleA negatively biased set-up for the pound
In recent weeks I’ve looked at the position of the euro and the yen and what it likely meant for trading in those currencies moving forward. Today I’d like to look at the pound, particularly in light...
View ArticleA Deeper Look into the Bollinger Bands
Bollinger Bands is a very common technical indicator that provides continuation and reversal patterns. The indicator works well on all time frames. I use Bollinger Bands from the hourly to the monthly...
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