Friday, Jul 10, 16:15 GMT
FOREX INFORMER
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The Week Ahead
Dollar/Yen and Yen crosses have joined in too
Mizuho Corporate Bank − Dollar/Yen and Yen crosses have joined in too, hinting at explosive moves next week possibly gapping lower over this weekend. Watch weekly closes carefully for confirmation and prepare for increased implied volatility. As chart levels give way, more stops will be triggered, leading to potentially very big moves in holiday−thin markets. We continue to expect a rush into safe−haven instruments which include the Japanese Yen, Treasuries and top quality corporate bonds, but this time not the US dollar. Last year's rush was caused by repatriation to recapitalise core assets; this time there's little money left to do so. At some point this month, and certainly in Q3 2009, the trend to generalised US dollar weakness should resume lending a little support to commodity prices where metals and softs are likely to hold up better than most.
Friday Notes - No self−sustaining upswing in sight by UniCredit Group
Note that our messages might be blocked by anti-spam filters so please add newsletter@fxstreet.com or our domain (fxstreet.com) to your address book.Featured Education
Using Moving Averages as Trend filters
The markets tend to be "mean reverting." Gabe Velazquez discusses the differences in the simple moving average and the exponential moving average. The differences may surprise you. Read the report!
Other Article in this Issue:
Pivot Point Analysis by from The Trader's Journal March issue
Elliot Wave principle from The Forex Journal March issue
The structure of th FX market and the role of the retail forex broker from The Forex Journal March issue
Blogs
Intraday Blogs- FXstreet Advisor Weblog by Valeria Bednarik
- FxBootcamp by Wayne McDonell
- FX Market Readings by Dr. S. Sivaraman
- CEO's Blog by Francesc Riverola
- FX Path by James Chen
- Forex Trading Today by Tim Salem (CVJ)
- Trading for a living by David Aranzabal
Intraweek Blogs
- The Disciplined Trader by Pierre Charlebois
- 1st on Forex by Jerry Furst
- Trade Setups by Phil Newton
- Chartology by Raghee Horner
- The Trader's Edge by Ross Yamashita
- ForexEdge by Ron Schelling
- The Day Job Trader by Ryan O'Keefe
Forex Forum
- Ask FXWizard: Questions about Forex trading? FXWizard has the answers.
- FX Trader of the Year 2009 Live Contest: Show what can you do with your account and get a proprietary trader position at Nordmarkets
- John Smith's Tools: Welcome dear fellow traders! We are proud to present you the John Smith's Tools (JST) software, which is probably the leading and the most complex and versatile Toolset you can get on the Metatrader platform. It consists of 22 comprehensive tools with a very wide range of features that we consider to be a significant help in your trading decision making.
- End of USD dominance: Below is an excerpt from Financial Times article titled "China attacks dollar’s dominance" dated July 9 2009. China today launched its highest-profile criticism of the dominant role of US dollar as a global reserve currency at a G8 meeting.
- Fiftymile Journal: Breakthrough jpy. Made few pips even if I didn't catch it when it started.
Editor's Pick
Currency Trading Cross Pairs - EUR/GBP Daily Chart by Master The Markets
Fri, Jul 10 2009, 15:48 GMT
Commitment of Trader Report - Data and Analysis for Most Recent Release, July 6 2009 by ForexRazor
Fri, Jul 10 2009, 11:54 GMT
Video: European Morning Briefing by RANsquawk
Fri, Jul 10 2009, 08:00 GMT
Today's Trading Signals by Financial Trend Analysis
Fri, Jul 10 2009, 06:50 GMT
Live Sessions Schedule
Trading Around Your Day Job
Expert: Ryan O'Keefe
Start: Mon, Jul 13, 19:00 GMT
Type of Session: Webinar
Updated 2009 Markets Forecasts − Perception vs. Reality in the Globalization 3.0 Credit Bubble "Deleveraging Purge"
Expert: John W. O'Donnell
Start: Tue, Jul 14, 15:00 GMT
Type of Session: Webinar
| Sponsored by | ||||
| Fri, Jul 10, 15:00 GMT | Fibonacci Friday | Andrei Pehar | WBN |  |
| Mon, Jul 13, 05:00 GMT | Asian Session: Live Market Analysis | Dr.S.Sivaraman | WBN | |
| Mon, Jul 13, 09:00 GMT | Using Fibonacci ratios to manage your trades efficiently | Sunil Mangwani | WBN |  |
| Mon, Jul 13, 10:00 GMT | FX Instructor Live Trading Room  | Mark De La Paz | WBN |  |
| Mon, Jul 13, 14:00 GMT | Derek Frey's Outlook | Derek Frey | WBN |  |
| Mon, Jul 13, 16:00 GMT | Weekly Webinar: 1st on Forex − The Week Ahead | Jerry Furst | WBN |  |
New Contributors on FXstreet.com
Trading Currency − A Summary - Currency Markets − Afternoon Report by Master The Markets
Fri, Jul 10 2009, 16:03 GMT
Currency Trading Cross Pairs - EUR/GBP Daily Chart by Master The Markets
Fri, Jul 10 2009, 15:48 GMT
Currency Trading Majors Pairs - USD/JPY − Daily Chart by Master The Markets
Fri, Jul 10 2009, 15:40 GMT
Intraday Forex Technical Report - U.S. Update: Safe havens win the week by FXstreet.com Independent Analyst Team
Fri, Jul 10 2009, 15:17 GMT
The structure of th FX market and the role of the retail forex broker by The Forex Journal
Fri, Jul 10 2009, 14:43 GMT
Top Most Viewed Reports
Daily Technical Strategist - EURUSD: Looks To Target The 1.3827 Level by FXTechstrategy
Fri, Jul 10 2009, 09:53 GMT
Daily Technical Analysis - EUR: Possibly attempt small longs at 1.3920 by Mizuho Corporate Bank
Fri, Jul 10 2009, 06:21 GMT
Daily Recommended Trades - Daily Technical Outlook by E−Forex
Fri, Jul 10 2009, 06:06 GMT
Press Releases
For the second consecutive year, Interbank FX (IBFX.com), a worldwide provider of online foreign currency (Forex/FX) trading, today announced that it achieved top ranking at the inaugural MoneyAM Online Finance Awards in the "Best Online FX Provider" category.
Customers of GAIN Capital's FOREX.com online foreign exchange trading division will be unaffected by the new National Futures Association (NFA) regulation requiring customer orders to be executed on a first−in, first−out (FIFO) basis.
dbFX celebrates three year anniversary − Looking back at evolving retail FX market
dbFX.com, Deutsche Bank's award−winning online foreign exchange (FX) trading platform for individual investors celebrated its third birthday last month, reinforcing its position as one of the market's leading FX providers.
Notice to FXCM LLC (FXCM U.S.) Traders: How to use Stops and Limits after July 31
FXCM Holdings, has received numerous questions after our first e−mail regarding the new NFA Compliance Rule 2−43(b). Please note that you will be able to use entry orders to place stops and limits after July 31, 2009. Entry orders provide the ability to realize profits and cut losses.