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Forex Trading: USD/CHF Trading Up the Channel
Looking at a daily retracement analysis of the USD/CHF pair from the June '07 high to the March '08 low, we notice that after straddling the 61.8% retracement level for some time the pair has broken north and looks poised for a full ...
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Intraday Thoughts - November 13, 2008
One thing investors do not like to see is the unexpected, particularly changes in the plan in the middle of the ball game and while Treasury Sec. Snow may be right to change directions for what’s left of the TARP funds investors voted ...
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GBP/USD Falls To Six-Year Low
The dollar was mostly higher on Wednesday following the US Treasury’s shifting focus for the financial-rescue plan.
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Cable, still short with large profits....
In the Nov 6th email on cable, affirmed the bearish view of new lows below the Oct 1.5275 low (still short from the Oct 29th resell at 1.6325). The market has since accelerated to the downside, taking out long term support at the 13 year bullish...
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GBP/USD Falls To Six-Year Low
The dollar was mostly higher on Wednesday following the US Treasury’s shifting focus for the financial-rescue plan.
Go to Full Article
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Daily Market Update by K. Klombies, Tradingeducation.com, LLC
The latest market commentary by TradingEducation.com covering, news, events, and issues of the day impacting the world's major Currency, Forex, Commodity and Stock Markets.
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Daily Market Commentary by GCI Financial Ltd
Gain a wider view of the factors behind current economic news with comprehensive analysis and commentary from GCI Financial Ltd
Click for the full report.
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Will the NBER Finally Acknowledge the Recession?
If Martin Feldstein, a member of the National Bureau of Economic Research is right about the unemployment rate surpassing 8 percent, then we could expect consumer spending to slow further, pushing more retail chains into bankruptcy. ...
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GBP/USD Drops Through 1.50 Level
Well the GBP/USD hit 1.50 as I predicted in my last post about this pair, but it wasn't really that hard a prediction to make in all honesty. (...)
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Thrill seeking
I'm guilty of sin called thrill seeking. I think that majority of my trades have element of that. Even if I do get in a trade for good reasons usually I overstay if it's not going my way. In that overstaying I get thrill in waiting will ...
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Intraday Thoughts - November 12, 2008
With the Bank of England’s Quarterly Inflation Report suggesting that CPI is headed to under 1.0% in two years time markets took the statement as license for further rate cuts in the race to zero and with it a sell-off in Cable pairs. ...
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November 12 market commentary and technical levels
Wed, 12th of November, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook After breakout to the downside from the triangle formation, the EURUSD continued it’s bearish scenario yesterday. The pair bottomed at 1.2505 and ...
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Intraday Thoughts - November 12, 2008
After a conspicuous absence despite some very poor economic numbers the last few days, the risk averse trader came back with a vengeance Tuesday in US markets as gloomy news of job cuts, more pleas for bailouts, and already weak ...
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Live Trading Room Daily Recap - November 11, 2008
Hi there fellow traders! Herewith is my daily video recap for November 11, 2008, in which I discuss what happened on the market today, in our Live Forex Trading Room. http://www.youtube.com/watch?v=yOI-TbHpHew ...
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dailyfx forex radio: risk aversion rises across the markets, pound ...
listen to our evening dailyfx forex radio podcast:. http://media.dailyfx.com/podcasts/fxradiopm031908.mp3. key points. · a rebound in risk aversion offers the dollar a temporary boost. · scheduled uk event risk promises...
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