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Canada's economy, which unexpectedly shrank in the first quarter, will avoid a recession this year as employment growth buoys consumer spending, the Organization for Economic Cooperation and Development said. Tougher environmental rules governing production from Canada's oil-sands region...

Canada's economy, which unexpectedly shrank in the first quarter, will avoid a recession this year as employment growth buoys consumer spending, the Organization for Economic Cooperation and Development said. Tougher environmental rules governing production from Canada's oil-sands region...

Just sold USD/CAD at 0173. It stretched a bit higher than I thought it might but I've learned to wait. The 1 minute Elliot patern could stretch higher but is conservatively done. Larger Elliot patterns show at least a bounce point. I hope it's that and not just a rest before pushing higher.:)

I see a bouncepoint looming on AUD/NZD, currently at 2291 with expected top at or just above 2300. Targeting below 2260 is a conservative probability.

I missed the ideal entry sell attempt point of 9625 on AUD/USD. If it double tops or near I may consider a sell but that would have to be soon. Both the AUD/USD and NZD/USD have major news later hence not taking the double top sell attempt on A/U unless it presents itself soon. If the...

A/U didn't make 9475 and bounced up 70 pips so that trade I missed.

Does the Fed statement today confirm trend continuation? Seems that way. AUD/USD might be a good bounce buy attempt at 9475ish soon.

I'm slowly diversifying re brokers, don't trust any of them, will eventually have 5 or more I use regularily. Never let capital build much either always take it out regularily. The waters are shark infested evidently. I'm sorry to find that out even if it is mostly by others' experiences. So far...

WASHINGTON (Thomson Financial) - The Federal Reserve is paying close attention to the foreign exchange markets and the decline of the dollar, because of its implications for U.S. growth and inflation, Fed chairman Ben Bernanke said today. The downward pressures on the dollar "have...

In hasty summary, I missed the re-enter sellpoint of USD/CHF and missed double top on AUD/CHF amongst other entries due to being AFK. AUD/JPY still is high and could depreciate soon although the ideal entry was at 101.00, now at 100.75 so it bears watching early next week. NZD/USD is...

By Bo Nielsen and Agnes Lovasz May 29 (Bloomberg) -- The dollar rose to the highest level in more than a week versus the euro as a U.S. government report showed the economy grew at a faster pace than initially estimated last quarter. The currency also gained for a fourth straight day...

Took some profit on usd/chf below 0440 and moved stop close on rest only to be stopped out so am watching for re-entry sell. Bought USD/CAD at 9826 and have taken some early profit and holding the rest for more. The pattern on the U/CAD seems for more down movement but won't think of selling...

I sold AUD/USD and remain paritally in the trade after taking some profit, target is still 9550ish. AUD/NZD went up but not as high as expected yet. A sell setup is still favoured at above 2300. AUD/CHF didn't quite make the 0057 mentioned but came close enough to sell. I missed it...

AUD/USD seems like it's either ready for a further drop attempt at 9625ish but could break up. Studying fundamentals might give the choice mor clarity. I expect I may do a sell attempt at 9625 with target of 9550 conservatively. AUD/NZD should bounce from abut 2325 if it gets there...

WASHINGTON (Thomson Financial) - US durable goods orders fell as expected in April, but core capital goods orders showed unexpected strength with the best performance in a year and a half. Total new durables orders were off 0.5 pct, the Commerce Department reported today, but excluding...

Despite drop on U/CHF just now, the pattern seems likely to extend past 0275 so the waiting game continues. The downtrend is too mature and possibly near completion for me to risk a sell. The larger trend might bend significantly soon. :)

Despite drop on U/CHF just now, the pattern seems likely to extend past 0275 so the waiting game continues. The downtrend is too mature and possibly near completion for me to risk a sell. The larger trend might bend significantly soon. :)

USD/CHF seems low, will watch for a buy at below recent bottom of 0283. That might be at about 0270-75, in fact is a strong possibility but will confirm with Elliot patterns on a smaller scale. There is a clear 12345 down on the 1 hour chart but the 5 may extend down a bit more. Having said that...

Partial position of USD/CHF has been taken at 0381 and the rest will remain until a more distant target of 0420 or sooner depending on the Elliot Wave pattern. If target is not reached the trade may be exited early or Stopped at 0.

The USD/CHF seems worth a buy attempt at about 0345-50, target conservatively .0425 and perhaps as distant as the .0450 area. It's currently at the 0365 point and I'm hoping to snag it lower for a fair chance at an upswing based primarliy on technicals.