Showing posts with label Scalping. Show all posts
Showing posts with label Scalping. Show all posts

Thursday, May 5, 2011

An Intraday CAD/JPY Sideways Channel is Creating Scalping Environment



As the CAD/JPY pair has consolidated towards the downside in recent weeks, a sideways channel has emerged, though a new pattern could be on the verge of forming.



Wednesday, January 5, 2011

GBP/USD’s Short-term Range Presents Scalping Opportunity


The GBP/USD erased the majority of its post PMI manufacturing gains as support swung in the dollar’s favor following a robust private employment report from ADP.



Tuesday, January 4, 2011

EUR/USD’s Lack of Direction Presents Scalping Opportunity


The EUR/USD has regained its footing as the overnight dollar rally has started to lose steam. The greenback was tracking higher on the back of an improved outlook for U.S. growth following a slew of strong fundamental releases to end the year.


USD/JPY’s Quiets Ahead of FOMC Minutes Providing Scalping Opportunity


The USD/JPY has been tracking higher on an improved outlook for the U.S. economy which was further supported by an unexpected 0.7% increase in November factory orders.