Forex: Online Forex Trading News, Tips, Signals

As Chinese Manufacturing PMI for June fell to the lowest level since early 2009, concerns that the Chinese economy is continuing to slow brought down the currencies of China’s two largest raw materials suppliers. Risk aversion selling started by weaker Japanese large manufacturing and services were fueled by lower data.

View full post on DailyFX – Alerts

Get forex trading signals with www.bkforexadvisors.com, learn to trade forex and get forex trading strategies from Boris Schlossberg Kathy Lien

View full post on DailyFX – Analyst Picks

The Dollar-Loonie pair remains within its long-term descending channel, though a rebound in the near-term may be on the horizon.

View full post on DailyFX – Analyst Picks

View full post on DailyFX – Analyst Picks

	US Dollar / Swiss Franc
		Weekly	Daily	Hourly
	Trends
	Resistances	0.8395	0.8365	0.835
	Supports	0.8275	0.8305	0.833
	Our strategy
	FLAT

Currency Converter

View full post on Forex Trading – Mataf.net fr

View full post on DailyFX – Analyst Picks

The Euro rallied as the Greek Parliament approved key austerity measures, and Greece is all but guaranteed to receive its next tranche from the EU/IMF. Yet the real danger to the euro is contagion risk to Spain and Italy, and the next steps could decide the euro’s fate over the medium term.

View full post on DailyFX – Alerts

The unwinding of the Swiss Franc does not necessarily mean the unwinding of risk entirely; in fact, with the Greek situation in the background for the time being, it’s more likely that global shocks will send traders into the Yen as the safe-haven ‘du-jour,’ as now traders are leary about the health of the U.S. economy amid an impasse within the government as to how to address the debt ceiling.

–

Full article from last week detailing the trade, as it was initiated today:

View full post on DailyFX – Analyst Picks

View full post on DailyFX – Analyst Picks