27 June Probability Studies Although price has consolidated for most of the Asian session, our weakening dollar bias is still in play. High oil and no signs of a Fed bailout sent the Dow down 350 points on risk aversion. We also saw Japan’s CPI rocket to 1.5% ... Go to Full Article

June 27 market commentary and technical levels Fri, 27th of June, 2008 By Setyo Wibowo (analyst@fxinstructor.com). EURUSD Outlook The EURUSD continued it’s bullish momentum. Yesterday the pair hit my long target 1.5725 even further, topped at 1.5766. However, it can be very tricky ... ...

Cowabunga System Daily Update: Friday, 06/27/08 Cowabunga Dudes! It was another great day as I was able to grab 55 pips off of two trades. See how it all went down in today's Cowabunga Surf Report. Go to Full Article

Forex Trading: NZDUSD benefits from weak dollar The NZD dollar has benefitted from a broadly lower dollar despite the -0.3 GDP and worse than expect trade balance last night. The benefit is more a reflection of the dollar weakness rather than NZD strength. ... Go to Full Article

Forex Trading: Dollar getting hit as Moody's puts Morgan Stanley ... The dollar is under pressure as USDJPY, EURUSD, USDCHF and GBPUSD all are in tandem. Dow down 125. EURUSD has broken through trendline resistance at the 1.5771 level. Watch this level this afternoon. USDJPY is pressures as...

USDCAD: Position for a Breakout The USDCAD is expected to break higher from a triangle in the next few weeks. The minimum objective is above 1.0378 but a target is near 1.05 (Fibo extension... Go to Full Article

GBPAUD: Rally to Accelerate We?re ahead nicely on the GBPAUD trade and are publishing an update to the trade. Go to Full Article

Yen Soars as Fear Returns, Pound Rallies on Improved CA - More Dollar Weakness to Come? Talking Points - Japanese Yen: nears 106.00 as risk aversion - Euro: Holds 1.5750 despite weak Retail Data - British Pound: Soars to 1.9900 as Current... Go to Full Article

Keep Your Eye On Declining Oil Production Rates We commonly hear that the reason oil prices have risen is rapid demand growth in developing countries, particularly China and India. But the decline of mature oil fields throughout the world is a much greater source of demand for new ... Go...

Oil Prices Double, Futures Contracts Flat And Falling: Where’s The ... WASHINGTON – Lawmakers eager to curb speculation in oil markets got support Monday from witnesses who told a House subcommittee that oil prices could fall sharply if Congress put strict limits on trading in … ... ...

Electric Vehicle Companies One Can Use To Hedge Against Present ... If you think $4 at the pump is bad, just wait. It’s not getting better anytime soon. By now, we’ve heard all the reasons for escalating prices: rising demand in India and China, a falling dollar, speculative trading and...

Time To Revisit Asia And Interpreting FedSpeak The Final Numbers - The Fed News: The market began the day in the green ahead of the Fed meeting, which was a surprise to many because the majority of the time stocks will be flat before the announcement. The Dow closed the session up ... Go...

The Fed’s Balancing Act Today the Fed’s Open Market Committee (FOMC) met to discuss monetary policy and did what was widely expected—nothing. By holding the fed funds target rate at 2%, the FOMC is breaking its streak of seven straight meetings with rate cuts. ... Go to Full Article

Iranian Oil Production Verging On Disaster The Oil & Gas Journal (5/5/08) published an analysis of the Iranian oil industry that begins: “The Iranian oil and gas industry approaches its 100th anniversary bloated, corrupt, and nearly bankrupt, managing four times the employees ... Go to...

Cowabunga System Daily Update: Thursday, 06/26/08 Well after waiting for 2 days for a trade, I was finally able to catch a wave and ended up with a cool 27 pips today! See how it all went down in today's Cowabunga Surf Report. Go to Full Article