Home

DannyBly / Publications

Forum

0

USD/CHF Volatility Breakout on the Horizon

USD/CHF Volatility Breakout on the HorizonPressure building up in the USD/CHF horizontal channel between the near support of 1.1710 and the multiple top resistance level of 1.1804. Recent upmove is also contained within the larger upward sloping channel displayed in the chart. Momentum still in

6

Weekly Fundamental Recap

In the midst of the global economic crisis, the US Dollar and the Yen gained the most against the Euro since it's inception in 1999 - as investors made a flight to safety. The dramatic turnaround comes of the heels of the Euro reaching it's record high against the dollar of 1.6036 only this July

0

Negative Fundamental Releases ahead of Fed Announcement

The Consumer Confidence Index fell to a 5 year low, amid soaring inflation reflected in rising gasoline and food prices - and fears of a weakening jobs market. Reduced consumer confidence leads naturally to reduced consumer spending. Consumer spending accounts for over two thirds of the US economy

16

Danny's Trading Journal

Today's trading: around 7AM CST entered long off bullish EMA cross - RSI was unable to cross 50 - got a little chopped here costing me about 8 pips...entered long at 1.4623 off bullish divergence between RSI and price....EUR spiked up and we got bullish confirmation with EMA cross and RSI finally