Forex Trading: EURGBP breaks through moving average support The EURGBP has moved through the 200 hour moving average. This is giving support to the GBPUSD. The GBPUSD is approaching resistance at the 1.7421 and 1.7433 level (the current 200 hour moving average). Go to Full Article

Forex Trading: All the news is out, so the markets correct Most of the news for the day seems to be out. The stock market is open and some weekend profit taking has ensued. As a result, we are seeing some backfilling in the currency pairs. The EURUSD reached a brief high of 1.3682 as it...

Forex News: France pledges funds to the Rescue Sarkozy has pledged 360 billion EUR to guarantee banks and lending. Go to Full Article

Bobby's Corner- Open Market 10.13.2008 Good Morning and Happy Columbus Day (in the US ). This holiday Monday brings good news back to the overall markets. read more. Go to Full Article

Forex News: Austria to implement 100 billion EUR rescue package Austria getting involved as well. Go to Full Article

Forex Trading:EURUSD resistance approaching at 200 hour moving average The 200 hour moving average is approaching at the 1.3699 level. This is the 200 hour moving average. The EURUSD is getting a bid on the back of the German passing of the 500 billion rescue package. German Chancellor...

Forex Trading: Relief leads to purchases of GBP The markets are orderly for the holiday so far. The price action suggests a positive feeling from the weekend events. The world united and plans were implemented to free up some capital to financial institutions. ... Go to Full Article

Forex News: Kashkari speaking on the TARP progress Kashkari goal is to provide capital to businesses and consumers. Restore capitial flows; Remove illiquid assets; Provide private and public capital. He is speaking of the TARP program. Clearly the job is large and they are being ... Go...

Forex News: Mitsubishi revises stake in Morgan Stanley The details have been revised but they committed to taking a 21% stake in Morgan Stanley. Go to Full Article

Forex Trading News: BoE's Sentance on the Wires BoE's Sentance: Sees inflation receding, particularly concerned about growth, believes there will be a "technical recession" in 2H08- Growth has been noticeably weaker than expected, UK is now facing the risk of a severe period of ... Go to...

As Credit Crisis Deepens, There Are Still Many More Questions Than ... Is there any end in sight? Will the G7 provide strong actions (or statements of confidence) to support the global markets? Are these efforts by the world’s central banks helping or simply scaring investors? ... Go...

Stock Trading Ideas For Monday’s Rally Considering Friday’s late day surge and the action in world markets to start the week, we are likely to get a strong rally today, and even possibly an intermediate term bottom. I plan to play this rally fairly aggressively, ... Go to Full Article

Slight Improvement In Credit Markets Massive Intervention by world central banks moves rates that banks can borrow at slightly lower. They all still remain at elevated levels though. The S&P 500 futures are up this morning along with DJIA futures, indicated up 327pts or so ... Go to...

US Treasury Department’s ‘7 Point Plan This morning an announcement was issued by Neel Kashkari, the new assistant to Hank Paulson. October 13, 2008 hp1199. Interim Assistant Secretary for Financial Stability Neel Kashkari Remarks before the Institute of International ... Go to Full...

EUR/CAD - Euro Canadian Dollar, European Session - 13/10/08 1,5896. Go to Full Article