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COT 01/14
Signal: Neutral
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Cowabunga System Daily Update: Monday, 01/14/08
Unfortunately it was a major bummer today as we lost 27 pips in one trade. Don't frown though dudes and dudettes, we still have the rest of the week to catch some tubular waves!
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COT 01/14
Signal: Bearish
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COT 01/14
Signal: Bullish
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COT 01/14
Signal: Bullish
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British Pound Most Bullish Since November 2005
See the article...
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Japanese Yen Will Rally Before Falling in 2008
Assuming that the US economy follows a U-shaped trajectory in 2008 (a mild and shallow recession in 1H, followed by a recovery in 2H), USD/JPY has a good...
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In the Financial Papers: Today’s Top Forex News 01.14.08
Here is the “In the Financial Papers Radio Broadcast” (Length: 07:48 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: - Kuwait Invests $4 billion...
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New Zealand Dollar Diagonal?
Commentary: Kiwi has simply exploded higher and is on the verge of taking out the December high at .7937. Our bearish bias was proved wrong but we are...
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Japanese Yen Testing 107.20
Commentary: We must respect the bearish potential, which is great because the decline fom 114.65 could be the beginning of wave 3 of larger 3 within the...
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British Pound Forming a Bottom?
Commentary: Near term price action does suggest that Cable decline extending. "The decline from 2.0101 is in its 3rd wave and has the potential to 1.9119,...
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Euro Wave 3 of 3 Underway to 1.5300
Commentary: We were correct in flipping to a bullish stance on Friday near 1.4650. There is still a slight possibility that a triangle is unfolding as...
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Swiss Franc Same as Euro
Commentary: The USDCHF count is the same as the EURUSD count, but flipped over. That is, the decline from 1.1594 is viewed as wave 1 within a 5 wave bear...
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Canadian Dollar Unclear
Commentary: We are not too confident in the bearish USDCAD bias right now. Previously, we wrote that "either wave B within the A-B-C correction from 1.0248...
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Australian Dollar Wave 3 Underway to at least .9600
Commentary: Wave 3 within the 5 wave bull cycle from .8584 is underway. Ultimately, we expect this rally to lead to the completion of the entire rally...
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