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Live Trading Room Daily Recap - August 20, 2008
Hi there fellow traders! Herewith is my daily video recap for August 20, 2008, in which I discuss what happened on the market today, in our Live Forex Trading Room. http://www.youtube.com/watch?v=hgo_jOuZ5ZU ...
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August 21st 2008 Daily Forex Market Outlook Daily FX
August 21st 2008 Daily Forex Market Outlook Daily FX.
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Forex Trading: EURUSD tests 100 hour moving average....AGAIN
The EURUSD is tasting the 100 hour moving average once again. The level is currently at the 1.4733 level. read more.
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Dollar May Drop Without Action From The Fed
Last week, the dollar closed its fifth consecutive week in the green - the currency?s strongest run in more than two years. However, this rally may soon...
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Dollar May Drop Without Action From The Fed
Last week, the dollar closed its fifth consecutive week in the green - the currency?s strongest run in more than two years. However, this rally may soon...
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Forex Technicals: The Day Ahead, August 21
Most USD pairs are expected to make one more price extreme before the big reversal. However, the EURUSD looks like it may have already bottomed.
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British Pound Drops On BOE Minutes - Buying Opportunity? Maybe Not.
- British Pound Drops On BOE Minutes - Buying Opportunity? Maybe Not. - US Dollar: In Consolidation Mode Until Friday - Euro, Swiss Franc Struggle To Hold...
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British Pound Falls On BOE Minutes, Canadian Dollar Awaits Inflation Data (Forex Video)
Forex traders remain undecided on the US dollar, as the currency continues to consolidate near its recent highs. However, upcoming event risk out of Canada...
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Dollar Jumps As Oil Retreats Following A Surprise Rise In Crude ...
In the forex markets, EUR/USD indeed met resistance around 1.4805 and USD/CHF attracted bidding interest around 1.0890, an expected support level, during the early Asian trading session Wednesday, thus spurring a USD rebound...
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Solar Earnings
Suntech’s (STP) second quarter 2008 earnings came out this morning. And boy were they impressive. Net income for the quarter came in at $65.2 million, or $0.38 per share. Analysts had predicted earnings of $0.32 per share. ...
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Soaring PPI Coupled with Plunging Housing Starts Spotlights ...
US companies were hit with the largest annual jump in wholesale prices in 27 years during July, while housing starts dropped to their lowest level in 17 years, the latest indication that ruinous stagflation may be tightening its...
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Ex-IMF Economist Predicts “Whopper” US Bank Failure, Says Crisis ...
The global financial crisis is set to get much worse, with a large US bank failure likely in the next few months, former International Monetary Fund (IMF) Chief Economist Kenneth Rogoff has warned. Speaking at a...
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Forex Trading: AUDUSD now approaches support in up and down day.
The AUDUSD held the resistance at the 200 hour moving average (see earlier post) and now tests the support at the 100 hour moving average of 0.8690. The markets are volatile as volume seems to light and trade is dominated by...
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Forex Trading: USDCHF Stops hit above 1.1007
Stops are being hit in the USDCHF above the 1.1007 level.
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Forex Trading: USDCHF testing 1.1007 resistance now. EURCHF is ...
The USDCHF is testing resistance at 1.1007 level (see earlier post). At the same time, EURCHF is testing the 200 hour moving average at 1.6177. Expect some resistance.
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