Dukascopy Smart People Community

Slow Start of New Week

JonSnow Posted 19 Feb. in #Trader's blog #Usdjpy #Eurusd

So far, the Asian session trading has been very quiet and I don’t anticipate too much of an action today as this is a long weekend in the US. In my view, we are going to see range trading today. I’m not ruling out EUR\USD trying to make one more attempt at 1,26 as lately euro buying happens during the London session and dollar buying during NY session – but that last one will be very slow today.
I set some pending orders, to go long on USD\JPY at just below 106 and to also buy GBP\USD a bit bel…

Read full story

Translate to English Show original

Dollar Showing Signs of Life

JonSnow Posted 17 Feb. in #Trader's blog #Dollar #Eurusd

What happened yesterday was exactly what I anticipated in my previous blog post. Some profit taking (ahead of the long weekend in the US) revitalized US dollar. As a result, I not only broke even, but I’m actually up for the week and back on the second place in Trader’s Contest.
But was it only the profit taking? We have been getting remarkably good economic data from the US this month, showing that the inflation is suddenly picking up. Yesterday’s housing stats also showed a big improvement. A…

Read full story

Translate to English Show original

End of The Week Trades

JonSnow Posted 16 Feb. in #Trader's blog #Usdjpy #Eurusd

Us dollar has been on the defensive all week and each day it kept losing a bit more against almost all currencies. Today, during the Asian trading session EUR\USD reached the highest level in years, yen was again a big winner with USD\JPY reaching 105.55 and there is no end to the greenback weakness.
I took the worst losses this week and my account balance depleted by about 18% - all by being USD long. I keep looking at charts but no signs of rejections for appreciating against dollar currencie…

Read full story

Translate to English Show original

EUR/USD Long Position

JonSnow Posted 21 Aug. in #Trader's blog #AUD #CAD #Eurusd

I bought EUR/USD today at 1.1733. While this is going to be a very eventful week the beginning of it might prove quite slow. The reason behind buying euro is a terrible sentiment towards US dollar with one scandal after another chasing the White House. Equity markets are falling world-wide and there is no chance on the horizon for the sentiment to improve any time soon. In such environment I don't see how dollar could strengthen and euro should benefit.
I also went long with AUD and CAD against…

Read full story

Translate to English Show original

EUR\USD Possible Scenarios for Next Week

JonSnow Updated 3 May in #Trader's blog #Eurusd #Traders Contest

Considering that there won't be any major developments on " The Greek Drama" scene, the pair is likely to range up and down between 1.1291 & 1.1107
The resistance at 1.1291 will be hard to breach and everything will be decided on Friday. If there is another lousy NFP reading 1.1530 could be the next target. But if NFP surprise to the downside, it might close the week in 1.0950- 1.1070 band.
On the other hand, considering this extreme high volatility the pair has been experiencing lately, we mi…

Read full story

Translate to English Show original

Community

Mobile apps

Related resources

Dukascopy Connect 911

LIVE CONTESTS

Automated trading

SWFX TRADER

Miss Dukascopy

Miss Dukascopy

Code of Conduct

Have a question?

Contact Us

Dukascopy Connect 911

JonSnow's Blog

Slow Start of New Week

Dollar Showing Signs of Life

End of The Week Trades

EUR/USD Long Position

EUR\USD Possible Scenarios for Next Week