4Xlounge Support and Resistance Report – March 31, 2013
The JPY pairs are pushing lower after the open. These moves should continue as the week progresses. The EUR is also under pressure and moving lower. Many of the USD crosses are testing major support/resistance areas. We should get some nice trades this week, but we need patience. We do not want to jump in front of a strong trend.
Read More
4Xlounge Round Table – EURUSD (2012 Forecast)
We get more emails and forecast requests for the EURUSD than any other currency pair (by a very large margin). Most of the large hedge funds want/need to know where this pair is headed. The all want a long term EURUSD trade signal. The EURUSD controls about 30% of all forex liquidty. Bottom line; as the EURUSD moves, so does the rest of the market. We (The Round Table Team) called a long term decline in the EURUSD a few months ago and we are holding to our forecast.
Read More
4Xlounge Round Table – Currency Forecast
With all of the chaos in the world these days, most market analysts are having a tough time predicting currency moves, but not us. We have the 4Xlounge Market Barometers to guide us. Current market conditions will help us find some excellent long term trades.
Read More
4Xlounge Round Table – Update September 1, 2011
The longer term forex consolidation (recession) is begin to unravel. This should mean sustained trends for the next few weeks. However, with NFP looming, anything could happen. Some forecasts are expecting a negative number, but the majority are expecting something more mild. More proof that nobody has a clue what to expect.
Read More
4Xlounge Round Table – The Next EUR Move
The best trade ideas are typically the result of a number of technical indicators, sometimes unrelated but convey the same basic message. In this case we’re going to discuss one of the most commonly traded currency pairs; EUR/USD. The Market Barometer illustrates the relative strength of each individual currency, which allows us to construct the best currency pair, by simply matching the strongest with the weakest.
Read More
