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Forex Trading: NZD/USD Still Heading South Towards Key Support
Looks like NZD/USD may be heading for the 61.8% Fibonacci Retracement Level at .6799/00 on the daily chart. Both the 10 and 21 day MA have successfully passed through the 100 and 200 day MA indicating a clear reversal on the pair...
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Forex News: JPY CGPI OUt at 7:50 PM EDT
Domestic CGPI. MoM Expected at .8% Actual +2.0%. YoY Expected at +5.7% Actual +7.1%
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Forex News: GBP BRC Retail Sales Monitor y/y & RICS House Price Out
GBP BRC Retail Sales Out- -0.9. GBP Rics House Price Balance- -83.9%. GBP BRC Retail Sales Monitor y/y prior number at -.4%. This measures the change in the value of same-store sales at the retail level. Leads the government...
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Forex News Preview: August 11th- Asian Session
GBP BRC Retail Sales Monitor y/y prior number at -.4%. This measures the change in the value of same-store sales at the retail level. Leads the government released data by about 10 days but has a smaller focus. read more.
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Forex Trading: Profit Taking kicks in.
The correction starts in the US dollar. Oil rebounds from low, Stocks give back some of the gains. Gold moves off the lows. GBPUSD moves back above the 1.9104. EURUSD back above 1.4904 and USDJPY moves back to the key 109.93 support. ...
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August 12 market commentary and technical levels
Tue, 12th of August, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook Yesterday the bearish momentum of EURUSD was still intact. The pair attempted to move higher as a correctional move earlier yesterday, topped at 1.5083 ...
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Live Trading Room Daily Recap - August 11, 2008
Hi there fellow traders! Herewith is my daily video recap for August 11, 2008, in which I discuss what happened on the market today, in our Live Forex Trading Room. We had a no trade zone as the EUR converged with significant support. ...
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No News Is Good News For Euro
As US Data is Scheduled. The Euro continued to give up ground on Monday against the US Dollar as did the Sterling, Swiss, and Aussie. The Yen, and Canadian Stayed stable. Tuesday brings no scheduled news for the Euro zone worthy of ...
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Cowabunga System Daily Update: Monday, 08/11/08
Unfortunately it wasn't a good day for me as I lost 47 pips today. See how it all went down in today's Cowabunga Surf Report. (Video Included)
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Future Of Nuclear Energy Bright Despite EDF Setback
What was once viewed as a slam-dunk deal and partnership between Electricite de France SA (EDF) and British Energy Group PLC has hit a snag, putting at risk the British government’s plan to revamp the ailing UK nuclear-energy program. ... ...
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Alternative Energy And ETFs: The Next Bubble?
In the last decade, the spotlight has gone from tech, to real estate and then to oil, so will alternative energy the next hot spot for exchange traded fund (ETF) investors to flock to? Chris Farrell, the economics correspondent for ...
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Are You Closing In On Retirement?
Are you closing in on retirement? If your goal is to retire in the next five years, you are in that critical stage in the retirement planning cycle. You have to take care of details like your 401(k) distributions or rollover, ...
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Boeing Could Withdraw From $35 Billion Contest With European Rival ...
After months of legal and political wrangling to reopen bids for a $35 billion US Air Force tanker contract, US aerospace firm The Boeing Co. (BA) is considering entering a “no bid” plea versus the joint-venture bid...
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Fuel Prices And ETFs Look Different In Second Half Of Year
Exchange traded funds (ETFs) that consistently found themselves at the head of the class with double-digit returns in the first half of the year are suddenly having a different view of things as fuel prices continue their descent. ... ...
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High Risk Trade Ahead For JA Solar
JA Solar Holdings (JA) August 15 calls are seeing heavy volume of 6397 ahead of Tuesday earnings. But it’s an earnings trade, which warrants a tight stop loss policy of at least -25%. Be sure not to risk the house. ...
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