Let me go out on a limb here and say that a potential inverted head and shoulders pattern is forming on the EURJPY!

Have a look at this gem from Ambrose Evans-Pritchard: Is China's Politburo spoiling for a showdown with America? I won't comment on it since we've included much of these same ideas frequently in the pages of Currency Currents already; nevertheless he presents these ideas forcefully and succinctly.

CFTC Commissioner Jill Sommers and President of NFA, Dan Roth met on Friday. Guess what was discussed?

Good afternoon! What started out as a great longer term trade for me turned into a short term bust as Cable found support mid-week and closed out strong. See how it panned out!

Well there were no trades today but I address the whole idea of a "clean break" in today's video. See how it all went down in today's Cowabunga Surf Report. (Video Included)

Good day forex friends! A couple of top tier economic reports are due today. See what's up on our daily economic roundup!

Last week, traders were on the lookout for possible currency intervention by the Swiss National Bank (SNB). With the EURCHF now falling below a key support level, are the SNB sharks getting ready to snap their jaws and attack the markets?

What's up forex traders? Before you set off on your pipping adventure, gear up with my latest chart art on the EURUSD, GBPUSD, and AUDUSD pairs.

I know how you feel, believe me. You're more than likely still working the "real" job to pay the bills and put treats in your and your family's mouths. Trading is an after work (or maybe during work) hobby, and happens if and when you have enough strength to keep your eyes open. You haven't gained the trading experience to take it full time, but that's the dream. And a great dream it is.

Seems to me that the Aussie has been ranging as of late. With no major data coming out, I think I could grab some pips on this pair by the end of the week!