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Euro in Final Stage of Blow-off Top against the Dollar
The EURUSD continues its ascent. There is evidence that a reversal will occur soon, including the daily wave count and daily RSI near 80. However, a spike...
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Forex Trading: USDJPY back to 103.00...GBPUSD stays below 100 day ...
Below the 103.00 level, the 102.61-64 level has held the downside in USDJPY on two separate occasions. This is key support of course. read more.
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Forex News: GBPUSD approaches 100 and 200 day moving average
The GBPUSD is approaching the 100 and 200 day moving average at 2.0099 and 2.0126 respectively. There should be resistance at these levels. However the trend for the day is quite strong.
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Forex News: Pending Home sales 0.0% versus -1.0 Expected...Canada ...
The Pending home sales came in better than expected (this represents those who sign contracts - not close.). Mortgage deliquencies rose 5.82% versus 5.59% last month. The Ivey Pruchasing Managers index rose to 62 from...
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In the Financial Papers: Today’s Top Forex News 03.06.08
Here is the “In the Financial Papers Radio Broadcast” (Length: 06:06 minutes). The player should load automatically. Please let me know if you like it. Contact Kathy In the Financial Papers: Podcast Covers: - Outcome of Bank of...
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New Zealand Dollar Technical Outlook
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Australian Dollar Technical Outlook
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Canadian Dollar Technical Outlook
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Swiss Franc Technical Outlook
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British Pound Technical Outlook
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Yen Technical Outlook
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Euro Technical Outlook
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ECB And BoE Hold Rates Sending EURUSD To New Record And GBPUSD Above 2.0
It used to be months ago that the market's response to a central bank holding its benchmark lending rate would be sharp selloff in disappointment. However,...
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British Pound Breaks Through 2.00: Look for More Gains
The dollar continues to fall. The EURUSD is approaching our onjective near 1.5400. Fibonacci extensions are also at 1.5429 and 1.5447. With price so close...
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Forex News: Treasury says that Government will not back the GSES ...
The rumor would have guaranteed the Fannie Mae and Freddie Mac mortgage securities. This is not true. This may pressure the stock market. Be aware that the markets are particularly anxious today. Such markets may provide...
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