http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/http://www.fxstreet.com/technical/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/12/06/02/The fireworks began Friday after a slow week of trading.  The BoE and ECB both delivered interest rate decisions in early New York Trading.  The BoE and ECB remained sidelined, but in the press conference that followed the ECB rate decision, Draghi suggested that further rate cuts could be in the cards.  This caused the Euro to fall across the board and most of the majors followed its lead. In North American trading Friday the NFP report will be delivered.  Estimates areThu, 06 Dec 2012 23:15:36 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/12/06/02/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/12/06/The markets continued to chip chop away on Wednesday.  The EURUSD managed to break below trend line support but follow thru has been limited to this point.  The GBPUSD has respected support at 1.6085.  Heading into Thursday's trading the data flow begins to pick up.  the AUD Employment report is due at 00:30 GMT.  Expectations are for a reading of 0 with the employment rate landing at 3.5 %.  In North American trading the BoE and ECB will both deliver their rateThu, 06 Dec 2012 00:41:47 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/12/06/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/12/04/On Monday the GBPUSD was the star of the day.  The AUDUSD decided to bring it's a game on Tuesday and broke into the spot light itself.  The AUDUSD pushed higher after the RBA lowered interest rated by 25 bps but hinted that they may have a wait and see view, from this point on.  Heading into Asian trading the AUDUSD will once again be on traders minds with the release of 3Q GDP.  Expectations are for a reading of 3.1%.  A stronger than expected reading could move theTue, 04 Dec 2012 23:05:00 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/12/04/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/12/03/The only way to describe the last month, week and day, in the FX Markets is as dull.  Things could begin to pick up next week.  The week is full of economic reports and political events all over the FX spectrum.  The AUDUSD will kick things of on Tuesday with the Reserve Bank Rate Decision, followed by the GDP report on Wednesday and the Employment report on Friday.  On Thursday the ECB and BoE rate Decisions are due.  And finally, the NFP report will be delivered nextMon, 03 Dec 2012 01:35:28 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/12/03/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/30/Chop, Chop, Chop...the markets have been chopping away for the majority of the week sooner or later the tree will fall.  The GBPUSD, AUDUSD and USDCAD have been consolidating in a 50 pip range so far this week.  A break above the top or bottom of these ranges is what the markets are looking for.  Friday is the last day of the week and month and could provide the pop we are looking for.  On Friday two data points of interest are due.  The first is the EurozoneFri, 30 Nov 2012 01:08:15 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/30/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/28/The majors proved today that you can't always believe your eyes.  It appeared as though the cross where primed to break lower in early New York trading.  Chit chat and new burps regarding the fiscal cliff quickly changed the plan.  Most of the majors slid back into existing chop zones or away from significant support and resistance levels.  Heading into Asian and European trading all eyes will once again be on the narrow consolidation zone in the EURUSD, GBPUSD andWed, 28 Nov 2012 23:37:51 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/28/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/27/02/The majors have slowly drifted lower throughout the New York trading today.  The EURUSD has managed to break below the bottom of its current consolidation range between 1.30 and 1.2950.  Now it will be seen if the cross can gain any momentum and push lower.  The AUDUSD and GBPUSD are still trapped in narrow 50 pip trading ranges.  Until these ranges break it will be difficult at best to trade these pairs.  In early European trading Wednesday all eyes will be The EURTue, 27 Nov 2012 23:42:20 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/27/02/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/27/Traders appear to be sidelined to start the week as Finance ministers are meeting to discuss the releasing of the next aid package to Greece. A positive outcome already appears to be price in to the markets. Any disappointment could send the majors lower. When and if a Greece solution is delivered on Monday could be the spark needed to jump start the majors out of their current consolidation patterns. Economic data is light on Tuesday in Asian and Europe. GBP GDP report will be the highlightTue, 27 Nov 2012 00:36:19 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/27/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/20/The JPY pairs remained to be the star on Tuesday. The BOJ extended its asset purchase targets but only by a meager 1 trillion Yen which translates to around 12.5 billion dollars. This does not seem to be too much for the 3rd largest economy in the world. Yet the Yen, has continued its advance and could very well continue higher due to thin markets. The USDJPY is approaching support at 81.85 and EURJPY is testing the .618 fib at 104.88. European finance ministers are still meeting in GreeceTue, 20 Nov 2012 23:08:22 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/20/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/19/Risk gathered a bit of steam to start the new week. Traders are anticipating some sort of agreement regarding Greece during the EURO Finance ministers gathering on Tuesday. A positive result could lead to relief rally higher towards the 1.2825 level. Heading into Asian trading all eyes will be on the Bank of Japan and The Australian Reserve Bank. The Bank of Japan will be delivering its rate decision and the Australian Reserve Bank will be delivering the minutes from its last meeting. The BOJMon, 19 Nov 2012 22:09:42 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/19/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/15/Wednesday was an interesting day in the markets.  The AUDUSD and NZDUSD lead the pack pushing lower in early European trading.  Both pairs finished near or below significant support levels.  The EURUSD and GBPUSD attempted to push higher throughout the day but finally lost their footing after President Obama’s speech and the release of the FOMC minutes.  Most of the majors resting near or at major support levels heading into Thursday’s trading.  Data flow is slow inThu, 15 Nov 2012 04:29:13 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/15/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/13/To start the week off price action has been limited.  Things could pick up a bit on Wednesday starting with the release of GBP jobless claims.  Which is followed by Retail Sales, PPI and the Fed Minutes in North America.  The GBPUSD and EURUSD are still resting below key Fib levels.  A break above these level would be required to turn around the current push lower.  As always keep your trades KEANE and play it safe.   EURUSD CONFUSED BELOW THE .382 Fib To startTue, 13 Nov 2012 23:27:29 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/13/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/09/The end of the week is upon us and it has been a difficult week to trade.  The majors have twisted and shouted but have not produced much in the way of a trend or follow thru on even inter day movement.  Many of the majors heading into the end of the week are sitting at significant support and resistance levels.  The USDJPY is testing the bottom of its weekly range and the AUDUSD is trying to bounce of the 50 Fib.  These moves have the possibility to gather steam into theFri, 09 Nov 2012 04:02:43 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/09/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/08/The Obama rally was short-lived on Wednesday.  As most of the majors appeared to be finding their footing Draghi turned the lights off on the party by suggesting that Germany is beginning to be effected by the Debt Crisis.  After this report most of the majors pushed down to test major support and resistance zone in North American trading.  On Thursday data will be on the front burner with the release of the AUD employment report in Asia followed by the ECB and BoE rateThu, 08 Nov 2012 00:55:03 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/08/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/06/02/The FX markets have remained relatively muted today despite a strong rally in USA equities.  I would expect the FX world to continue to drift sideways until an election outcome is established.  The market's reaction to a Romney or Obama victory is not as clear-cut as many would think.  An Obama victory would indicate a continuation of current USD quantitative easing and foreign policy (i.e. China Currency).  While a Romney victory proposes the possibility of a new FedTue, 06 Nov 2012 23:29:41 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/06/02/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/05/The major broke lower against the dollar in European trading.  The follow thru was limited in New York trading as many traders still remain sidelined due to hurricane Sandy.  Heading into Asian trading all eyes will be on the Reserve Bank of Australia Rate Decision.  The statement following the decision could add insight to the RBA's plans in the near future.  Below is a rundown of the majors to kick of the week.  As always remember to keep your trades KEANE and playMon, 05 Nov 2012 23:41:55 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/05/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/01/It has been a slow and shallow week of trading in the FX world.  If the markets are going to see any major moves this week they will most likely occur after NFP on Friday.  Economist are looking for a number somewhere around 125K.  Predicting the price action following a NFP data point is tricky at best.  Many times the first reaction is the wrong one.  I will be watching the AUDUSD and EURUSD during the release.  For the AUDUSD it is all about a break of theThu, 01 Nov 2012 23:55:53 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/11/01/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/31/02/The universe appears to be in line once again.  New York markets opened on Wednesday to watch the majors zig zag through European and North American trading.  The majors appear to be content in their current ranges ahead of NFP.  The setups to watch heading into Thursday trading are in the AUDUSD and NZDUSD.  Both are consolidating in narrow wedges.  A break is in the cards in the short run.  In Asian trading Thursday the data to watch is the AUD Performance andWed, 31 Oct 2012 23:45:56 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/31/02/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/31/Hurricane Sandy’s tour through the NE has slowed currency markets to a crawl to start the week.  Things could shift back to normal on Wednesday.  Heading into Asian and European trading all eyes will be on the EURUSD and AUDUSD.  The EURUSD is testing the top of its descending channel at 1.2975 and the AUDUSD is once again probing around the 50 Fib at 1.0386.  A break or hold of these levels will dictate price action on Wednesday.  The economic docket is slim onWed, 31 Oct 2012 00:59:18 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/31/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/25/Heading into the end of the week a few pairs are at interesting positions.  The GBPUSD is resting near the top of its channel at 1.6140.  The USDCAD is consolidating near strong resistance around .9950.  Plus, the AUDUSD is still hovering near the 50 Fib from September’s climb higher.  To break through these levels some sort of stimulant may be required.  The economic docket in Asia and Europe is rather light.  But, in North American trading Friday the USD GDPThu, 25 Oct 2012 22:58:04 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/25/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/24/02/The FOMC report was the highlight of the trading day Wednesday.  After last month’s FOMC fireworks expectations were muted heading in to today and that is what was delivered.  The GBPUSD is the pair in play on Thursday.  GBP GDP is due at 4:30 GMT.   Analyst predictions are for a reading of -.6% YOY.  A better than expected reading could help this pair continue it climb towards the channel top around 1.6140.  A weak number could have the inverseWed, 24 Oct 2012 23:57:58 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/24/02/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/24/The majors lost ground against the dollar in European and early North American trading.  A few of the pairs are resting on significant support and resistance levels.  The GBPUSD is testing keys support at the 50 fib at 1.5903 as is the NZDUSD at .8132.  Heading into Asian trading all eyes will be on the AUD CPI report at 8:30 and the China PMI report shortly after.  The AUDUSD could show the most impact from this data and is currently resting on an ascending trend lineWed, 24 Oct 2012 00:08:57 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/24/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/22/Last week’s trading was once again was a bit slow and this may be the new norm until some sort of shack up hits the markets. It appears that there are two ways to trade the market at the moment. One is to take a bit of a longer prospective and target inter week range extremes. The second is to scalp the opening ranges for 20 to 30 pips at a time. Heading into next week a few of the majors are resting at significant support and resistance levels. The GBPUSD is testing monthly lows at 1.60 andMon, 22 Oct 2012 00:07:08 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/22/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/17/02/Most majors moved up against the dollar on Wednesday after breaking higher after the New York close on Tuesday.  The question now is if the pairs can retain their gains after the data dump by China at 22:00 GMT.  Chinese GDP, Industrial Production and Retail sales will be on the docket.  Economists estimate that GDP will be at 7.4%, Industrial Production 9.0% and Retail Sales 13.2% YTD.  Disappointing data could confirm worries that the Chinese economy is slowing.  AllWed, 17 Oct 2012 23:23:35 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/17/02/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/17/It was another day of slow trading in North America.  Most of the majors gained against the dollar in Asian and European trading a then began to slowly drift sideways.  The data flow in Asia on Wednesday is rather slow but things pick up a bit in North America with the release of the GBP Bank of England Minutes and GBP Employment Report.  Heading into overnight trading all eyes will be on the NZDUSD resting at the 50 Fib from its Septembers advance and the USDJPY trying to gainWed, 17 Oct 2012 01:34:11 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/17/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/15/The FX markets rolled out of bed on Monday and decided to go back to sleep.  The trading was thin and range bound.  Heading into Tuesday things could pick up a bit as data begins to roll in.  Everything kicks off with the release of the AUD Reserve Bank Minutes in Asian trading.  Followed by the GBP CPI and the EUR CPI and ZEW Report in early European trading.  Then to finish the day the USD Consumer Price report will be release during North American trading. Mon, 15 Oct 2012 01:00:11 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/15/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/11/02/The majors moved higher against the dollar on Thursday after the Australian Jobs Report beat expectations but were unable to break current ranges.  Most of the majors have traded in a narrow range heading into the end of the week.  It will be interesting to see if this continues on Friday.  All eyes will be on the IMF Meeting in Tokyo overnight for any news that could shack the markets.  Traders will be watching the NZDUSD which is currently in a triangle for a break oneThu, 11 Oct 2012 23:27:09 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/11/02/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/11/The trading atmosphere was dull today as traders seemed content to remain on the sidelines until the majors find a spark to rekindle volatility.  That spark could rest in Asian Trading on Thursday with the release of the AUD Employment report.  Estimates are for a reading of +5K and 5.3%.  A divergence from these figures positive or negative could add a bit of wood to the fire.  All Eyes will be on the AUDUSD and the AUDJPY after the release.  A break of the range inThu, 11 Oct 2012 01:31:14 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/11/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/09/It was a day of twist a turns in the FX market.  The EURUSD managed to snap below its fib range.  While the GBPUSD continued its march lower to end the day at the .382 fib at 1.5997.  While the commodity pairs tested the lowers of the current ranges.  The question now is if the crosses will form any continuation on these moves.  Heading into Wednesdays trading I will be watching the daily lows in the AUDUSD at 1.0175 and the NZDUSD at .8160.  If those levels areTue, 09 Oct 2012 23:21:27 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/09/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/04/02/The BoE and the ECB kept interest rates on hold on Thursday. This was enough for traders to liquidate dollar shorts before Friday NFP reports. Economist estimates that the NFP number should arrive around 155K. If the number is better than expected the dollar could gain strength against the majors. If the number disappoints the inverse could occur. The markets will most likely be shallow overnight as most traders remain sidelined ahead of NFP. As always remember to keep your trades KEANE andThu, 04 Oct 2012 23:40:48 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/04/02/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/04/Things are beginning to become interesting this week.  Data flow picks up on Thursday and with the release of the ECB and BoE interest rate decisions.  Both banks are expected to keep interest rates in check but any comments following the release could move the markets.  The GBPUSD and USDCAD are the pairs traders will be watching heading into Asian and European trading.  The GBPUSD broke below key trend line support in New York and momentum could take the pair lower. Thu, 04 Oct 2012 01:47:16 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/04/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/03/The majors took a wild ride on Tuesday.  The EURO and the AUD crosses dictate the price action as rumors and surprising data points shifted the markets.  The AUDUSD kicked things off in early Asian trading when the Reserve Bank lowered interest rate by 25 bps and painted a deteriorating picture of the Australian economy.  This caused the AUDUSD cross to drop over 100 pips during the trading day.  In European trading rumors began to swirl of a possible announcement regardingWed, 03 Oct 2012 01:41:39 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/10/03/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/28/Volatility was back in the markets on Thursday.  Most of the majors appeared ready to end the day lower against dollar before rallying sharply after the European close.  This was the second time this week the markets stayed alive after the European close.  It would be nice to see the trend continue into the end of the year.  Heading into end of the week all eyes will be on the EURUSD and USDCAD.  Both pairs moved through significant support and resistance level onFri, 28 Sep 2012 01:02:12 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/28/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/26/The price action was less than spectacular on Wednesday.  The majors spent the majority of the day consolidating around key support and resistance zones.  The NZDUSD and USDCAD were the exceptions to the rule.  The NZDUSD managed to bounce once again from its resistance zone and the USDCAD rallied above resistance at .9850.  Heading into Asian trading the .9850 level in the USDCAD will be of particular interest.  A hold above this price point changes the focus of theWed, 26 Sep 2012 23:17:05 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/26/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/25/It was an interesting day of trading in New York.  The day appeared to be yet another slow drift until in late trading the majors lost their traction against the dollar.  What is interesting about this move is that almost all of the majors stopped at or around significant support or resistance levels.  So at this point most of the ranges are still in play.  The NZDUSD is sitting in its support zone between .8184/.8220.  The AUDUSD is resting just below the 50 Fib fromTue, 25 Sep 2012 23:22:54 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/25/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/24/It was another slow Monday of trading in North America.  The dollar rebounded in European trading but for the most part consolidated in New York.  Data flow will be light once again in European and Asian trading on Tuesday.  This leaves price action as the key to Tuesdays trading.  Heading into Asian trading all eyes will be on the NZDUSD.  The pair has consolidated the majority of the day in its support zone between .8220 and .8185.  A hold or break of this levelMon, 24 Sep 2012 22:32:02 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/24/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/20/The markets appear to be at a turning point. The move higher seems to be exhausted but the catalyst for a push towards dollar strength has eluded the market. This has led to a week of consolidation. With most of the pairs ending the week near their lows. Heading into next week the EURUSD seem to offer the clearest tell of the direction of the FX markets. The EURUSD is in a triangle on the 1hr chart. Whichever way the pair breaks will most likely dictate dollar strength or weakness into theThu, 20 Sep 2012 23:25:04 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/20/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/19/It was a rollercoaster day of trading on Wednesday. The dollar gained ground in Europe only to quickly change course in North America trading. The star of the show was the USDJPY due to the BOJ pledge of an additional 10 trillion Yen of QE. Now that the dust has settled where does this leave us? Pretty much in the same place we were yesterday. The EURUSD and GBPUSD are still consolidating in narrow ranges. The USDCAD has barely budged over the last two days and the USDJPY is testing the lowsWed, 19 Sep 2012 22:31:56 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/19/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/17/The story on Monday focused on the commodity pairs. As they pushed lower against the dollar throughout most of trading on Monday. All in all, it was a rather slow trading day due to the Jewish holiday but things should pick up heading into Asian trading on Tuesday. The JPY Bank of Japan minutes and AUD Reserve Bank Board minutes are due in early Asian trading. Followed by the GBP Consumer Price Index and the German Zew report in European trading. Heading into these reports I will be focusingMon, 17 Sep 2012 23:18:30 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/17/http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/14/The FOMC delivered the mail today and announced and bond buying program focusing on MBS bonds. The plan calls for the Fed to purchase 40 billion with of MBS a month and extended the zero interest pledge until mid-2015. The initial reaction to the announcement was anything but clear-cut the majors whipsawed around until finding a footing for a push higher. Heading into the coming days it will be interesting to see if this program will warrant a follow through after the recent run-up. HeadingFri, 14 Sep 2012 01:00:20 GMThttp://www.fxstreet.com/technical/forex-strategy/chrisfkeane@gmail.com (Keanefx)http://www.fxstreet.com/technical/forex-strategy/currency-trading-strategies/2012/09/14/