The US Dollar has kept to its recent range while gold and oil prices have also avoided direction-changing breakouts despite a sharp upswing in global stock prices, challenging the conviction behind the surge in risk appetite.

See the original post here:
US Dollar Holds Range as Stocks Race Higher, Challenging Bulls’ Conviction

Originally posted here:
Australian Trade Surplus Shrinks as Coal, Iron Ore Lead Exports Lower

After a month of chop and questionable conviction behind investor confidence, Wednesday’s price action shouldn’t surprise too many active traders. General congestion with a restrained risk-aversion bias left the capital markets exposed to a sudden revival in confidence; and that is exactly what we say for the day. The direction of the move isn’t so startling as the fact that correlations tightened across the various asset classes.

See the rest here:
Dollar Tumbles as Risk Trends Succumb to an Episode of Temporary Insanity that Fosters Optimism

Bollinger Bands have long been one of the most popular technical indicators across financial markets, and many forex traders use them regularly in their day-to-day trading. The key question to ask of any forex analysis technique is nonetheless clear: how effective is the Bollinger Bands indicator as a forex strategy? This article will take a closer look at one key Bollinger Band trading strategy on several forex pairs and explores one way to improve its effectiveness.

Read more:
Forex Strategy Corner: Bollinger Bands Techniques for Trading

Here is the original:
London Calling Sep 2

It is always good to step back from the day-to-day changes in the markets to put price action into context. While this past week has seen a number of instances of volatility expansion for the US dollar, the currency has actually strayed little from a general state of congestion.

Source:

Here is the original post:
Crude Oil Inventories Watch: Week Ending 08/27/2010

Price action over the past 24 hours has been a bit unusual in our opinion, with risk sentiment dramatically improving, currencies rallying sharply, and global equities racing higher on the back of a decent round of global data on Wednesday.

View original post here:
Wednesday’s Price Action Could Be Overstated; Proceed With Caution

Read the original post:
Riksbank Rate Decision in Focus; Expected to Raise 25 Basis Points to 0.75%

The Euro inched lower in Asian trade and cues from risk sentiment pointing to further weakness, with a rate decision from the European Central Bank and the release of revised Euro Zone GDP figures likely to amount to non-events.

More here:
Euro Pares Gains Ahead of ECB Rate Decision, Euro Zone GDP Report

Source:
EUR/CHF Classical 09.02

Read the rest here:
AUD/USD Classical 09.02

View original post here:
EUR/JPY Classical 09.02

Here is the original:
GBP/JPY Classical 09.02

Despite the latest bounce back above 1.2800, the structure sill remains bearish with the market below the 18Aug 1.2925 high.

Read more:
EUR/USD Classical 09.02