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forexdrivingsch

  1. tomorrow is last Fri of the month. it also happens to be the last weekend before the 2nd of August. be prepared for position closing ~sf
  2. for more explanation, grads please visit your facebook gradcircle ~sf
  3. Risk aversion current theme - USD, JPY and CHF as safe haven currency. Repatriation of funds to Japan also leads to strengthening of JPY ~sf
  4. Choppy season..new traders beware. AUD and NZD pairs look more technically predictable than EUR and GBP pairs ~sf
  5. hey grads, check your facebook gradcircle for GBP reaction this evening ~sf
  6. Risk appetite returns to the market. Themes are clear. High yield currencies showing strength ~sf
  7. Good economic data supporting US recovery for the 3rd consecutive month. USD pairs look good for retracement ~sf
  8. Today’s economic calendar is unusually light & markets may be more responsive to profit taking & technical levels, rather than fundamentals.
  9. We are now in Christmas week and market liquidity is expected to reduce another notch or so - Travelex
  10. Hey Grads, our #forex forum has shifted to http://www.fxdsgroup.com/forum/ plus a quick lesson on Elliot Wave on AUD/USD and outlook ~sf
  11. Risk sentiments are up, if audusd break the daily trendline, it could be a failed head and shoulders
  12. Some of the core trade pairs we've discussed in yest's class & trading club - AUDUSD EURUSD USDJPY. Pairs student point out - GBPJPY CADJPY
  13. Some of the pairs we've discussed in yest's class & trading club - AUDUSD, EURUSD, USDJPY. Pairs student point out - GBPJPY, CADJPY
  14. as we approach the end of the year, traders will begin closing position. look out for reversals and standby for your core. only 2.5 wks left
  15. Looking for Investments, China Turns to Europe: http://www.nytimes.com/2010/11/02/business/global/02euro.html?_r=1
  16. BOC left rate at 1%. "Softer commodity prices and China’s announced rate hike also exerted some downward pressure on the loonie." - Travelex
  17. China will boost its key interest rate by 25 b.p. on Oct 20, a move that could cool its economy & appetite for key commodities (AUD, CAD)
  18. Read this article for the fears of the treasurers of the countries over the strength of their currencies - http://tinyurl.com/293epvl ^sf
  19. is today the day? aud/usd and usd/cad towards parity. protect portion profit, but also let the market give u more ^sf
  20. USD weakness still prevalent ^sf