Forex Story

Hey everyone, todays outlook is fairly intricate, I am anticipating some dollar weakness but its not going to be easy to navigate initially. I concentrate on the Euro Pound cross, Euro USD and Cable. I hope you enjoy the video!! David Pegler

Hi everyone. Aside from the Yen, which lost a lot of ground after newly appointed Japanese finance minister Naoto Kan said he prefers the Yen to continue its current decline, the markets remained within ranges, most likely waiting for the NFP release later today. We do expect the data to possibly cause a breakout, and in our case, we dont care in which direction. The 1.42 level has held nicely and most recently the 1.4300 figure on EUR/USD. Fundamentals are mixed all across the world, except in Australia, where retail sales jumped to 1.4% last month, much higher than the anticipated .4%; however, if you take a look at historic figures, the data is very volatile and should be taken with a grain of salt. We favor a break below 1.4200 to test 1.4000. Were setting this up for the News! Trade service. If youd like to see how we trade the news, please register at the following link: www2.gotomeeting.com News! Trade: Trading Non-Farm Payrolls Live When: Friday, January 8, 8:00am US Eastern time (2:00pm Amsterdam, 5pm Dubai, 10pm Tokyo) We look forward to seeing you there. Until then.

Hi everyone, today I concentrate my analysis on the Pound, although the technicals are clear, building an exact trade plan is easier said than done at the current levels we find ourselves. I hope you enjoy the analysis and good luck today!! David Pegler

As we expected, the dollar continued gaining ground against the majors. As we reported yesterday, the breakout last week had no momentum and the reversal late last week signaled for further dollar strength. Will it continue? Thats the magic question. We think so. There is a lot of global uncertainty and we think the dollar will benefit from it as it did during the first crisis 2 years ago. We dont know how quickly or how long the dollar appreciation will last, but on the longer term charts …

Hey everyone. For this presentation I cover a number of currency pairs, specifically the Euro USD, Aussie USD and Pound Yen. Given that we are still largely range bound I have identified some key areas of support and resistance to keep an eye on moving forward. I hope you enjoy the video and good luck today!! David Pegler

Hey everyone, today I prepare a currency buffet for you, I analyze the Euro USD, Cable, Pound Swissy, Aus USD and an old favorite, the Aussie Yen cross. Very simple analysis, I think much of todays market direction will depend on where we start London relative to support and resistance. Good luck and I hope you enjoy the video!! David Pegler

Hey everyone, for this outlook I take a look at the Euro and Aussie, I also touch on some commodity discussion. The markets seemed to trade a bit thin yesterday during the European session, I think a combination of Monday and time of year were contributing factors. Hopefully today is better. Good luck!! David Pegler

Hey everyone, for this outlook video I cover a number of subjects briefly, most notably my trading strategy for thin holiday conditions. In addition I draw up a conservative trade plan for the Aussie USD. Very simple support and resistance type analysis. Good luck!! David Pegler

Hey everyone, for this outlook I take some inventory of where we find ourselves longer term and shorter term for the USD. This European session is shaping up to trade against the longer term prevailing direction, this in mind I dont expect it to be an easy going, smooth move like we saw yesterday. Patience will be the key today. Good luck!! David Pegler

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