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I'm improving but long way to go It started like it should be every time but it's rarely that way. I noticed in early stage that something is going on. I didn't act for few minutes but finally I did enter. It looked like we have buying going on. ... Go to Full Article
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Should Investors Look at Korea? - Money Morning By Martin Hutchinson. Amid all the gloom investors are feeling right now, South Korea has produced some sunny rays. On April 9, the Asian Tiger suggested that its economy could accelerate and that its stock market could take off. ... Go to...
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Forex Trading: EURUSD remains near the top of the range. Is 1.6000 ... The EURUSD moved sharply higher this morning on the back of the higher inflation figures this morning out of the Eurozone. This should continue to keep the EURUSD supported at least on a temporary basis, despite the...
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Forex News: The stocks remain supported. Housing Starts ignored ... The market this morning in New York received some bad housing numbers but some better than expected manufacturing data. On the back of the Empire State index yesterday, the expectation might be that there is some hope for...
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Forex Trading - USD/CAD moving lower quickly - Oil setting new highs Inflation data firming in other countires CPI out in cad Thursday at 7am nyc time 1.5% yoy expected The market has priced in a 50 bp cut by the BOC on April 22. Go to Full Article
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Forex News: Capacity Utilization 80.5 Industrial Production +0.3 Industrial Production +0.3 which is higher but revision went from -0.5 to -0.7%. Capacity Utilization comes in at 80.5% which is up 0.2% from a revised 80.3 (was reported at 80.9). Overall, a touch better, but the trend in...
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Minor Fixing in MT4 Indicators Due to some new code processing rules in the fresh versions of the MetaTrader 4 platform (I don’t know exactly from which build they’ve changed it) some of the indicators on my site stopped working right or just started to show errors ... Go to Full...
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Forex News: Higher European Inflation Sends Dollar Lower See the article... Go to Full Article
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Euro Flies Through 1.5900 As CPI Stays Hot - Can it Hit 1.60? Talking Points - Japanese Yen: strengthens a bit in anti dollar flows - Euro: CPI hot euro flies through 1.5900 - Pound: Employment in line - US Dollar:... Go to Full Article
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A Mild EURJPY Calendar Offers Range Trade Below Double Top Having established a range below a recent double top, the EURJPY looks unlikely to find a catalyst for breakout with little market-moving data set to print... Go to Full Article
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Forex Trading: USD/JPY tapering off after seeing some JPY bid... USD/JPY tapering off a little after seeing some JPY bid in USD/JPY and GBP/JPY. Both feel a little soft. Moreover, we have GBP data out in ~ 45 min. Go to Full Article
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Forex Trading: GBP/JPY profit taking after strong bid... GBP/JPY came under some considerable pressure near its highs which may have been technically based, as the below chart shows. We may see continued pressure on the cross if it can't get bid above 200.50 and its component above 1.9730. ...
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Forex Trading: GBP paid on a cross move up... Straight Sterling very bid on the back of its paid cross (GBP/JPY). GBP/JPY inched higher and higher until 200.10 then from that level, there was little hesitation to pay for GBP. Go to Full Article
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Forex Trading: Euros channeling higher... Euros channeling higher on a 15 min chart. Go to Full Article
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Forex Technical Analysis for 04/14—04/18 Week Floor Pivot Points. Pair, 3rd Sup, 2nd Sup, 1st Sup, Pivot, 1st Res, 2nd Res, 3rd Res. EUR/USD, 1.5368, 1.5498, 1.5652, 1.5782, 1.5936, 1.6066, 1.6220. GBP/USD, 1.9274, 1.9462, 1.9575, 1.9763, 1.9876, 2.0064, 2.0177 ... Go to Full Article
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