Forex Bull

Careful approach is highly required in the current volatile state of the Forex market — this video will show you the daily preview for EUR/JPY currency pair. Posted on Forex Video Zone .

China may allow the yuan to weaken slightly against the dollar in the first-half, predicts Thomas Harr, senior FX strategist at Standard Chartered. He explains the reason behind such a move, with CNBC’s Stephen Sedgwick & Maura Fogarty.    Watch Video MEDIA: VIDEO Permalink

The UK Gross Domestic Product headlines the economic calendar in European trading hours. Expectations call for the economy to shrink for the second consecutive quarter to confirm the UK is in recession.

I joined GFT a few months ago and am proud to finally introduce our latest product for forex traders FX360.com FX360.com is a currency news and commentary website designed for forex traders looking for a clean layout with content that hits on the key stories and trading setups of the day. Along with our two

Read the original: Identifying Trades with DailyFX 01.23.09 (Daily FX)

It is too optimistic to see China as a savior for the Asian economies or even for the global economy, says Chi Lo, director of investment research at Ping An of China Asset Management. He tells Cheng Lei & CNBC’s Oriel Morrison why.    Watch Video MEDIA: VIDEO Permalink

The severe slowdown in China may see further PBoC rate cuts and more fiscal stimulus being rolled out between now and March, says Tim Condon, head of research, Asia at ING Financial Markets. He tells CNBC’s Karen Tso more.    Watch Video MEDIA: VIDEO Permalink

It is highly unlikely that Beijing will devalue the yuan in order to stimulate the economy, says David Mann, FX strategist at Standard Chartered Bank. He outlines the risks that such a move may pose, with CNBC’s Karen Tso & Sri Jegarajah.    Watch Video MEDIA: VIDEO Permalink

After going through my scans, I found a surprising number of short setups that looked like possibilities, so because of that, I put a short video tonight. I don’t go over the indices like normal because as I said earlier, right now I have no clue. There is too much news going on that could affect things and it’s not just the news but the reaction to the news that is especially hard to predict.

EURUSD consolidates in a narrow range between 1.2824 and 1.3085. Deeper decline is still possible after consolidation, and a break below 1.2824 will signal further fall to 1.2650 zone. Initial