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Forex Trading: GBP data out in 2 minutes...
GBP data out in 2 minutes. M4 Money Supply & Manufacturing PMI.
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Dell Turnaround Stoked By Emerging Market Sales
Dell Inc. (DELL: 23.06 +1.25 +5.73%) reported a solid first quarter with earnings of $.38 per share on $16.08 billion in revenue. The results beat Wall Street estimates of $.34 EPS and $15.68 billion in sales. This is positive news for ...
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Euro Moving Up Against Dollar
EURO. The euro appreciated vis-Ã*-vis the US dollar today as the single currency tested offers around the US$ 1.5550 level and was supported around the $1.5460 level. Technically, today’s intraday low was just above the 23.6% retracement ...
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US Economy Looks ‘OK’ Compared to Canada’s
The US dollar was initially stronger versus the Euro, Swiss franc, British pound and Japanese yen Friday, but its gains gradually faded into the US session. The Euro gave way a little during the European session upon the release of ...
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Sunday chart scanning summary
I did not have a chance to trade for the past week. My day job is getting ridiculously busy. Most of time, I miss out Asian, London session totally. Well, it happens sometime. Next Saturday, I will be flying to Malaysia for 2 weeks ...
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Big Week Ahead - Non-US Interest Rates and NFP
Interesting. Traders should be aware that scheduled news events for the first week of June are nothing to go on vacation about! The Interest rate announcements from the UK and Euro Zone will be crucial to watch. ...
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Carnival of Forex Trading — June 1, 2008
Landy Trapper presents Low Cost Options Are Available For The Forex Beginner posted at Forex Trading System Secrets. Jed Norwood presents Forex Market Basic Truths posted at Forex Strategy, saying, “In this post I have listed some basic ...
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US GDP and Unemployment Figures:Good? -- Oil: Bad?
Volatility was muted as GDP and Unemployment numbers came in with no surprises and barely fazed the currencies. GBP-USD 1 Minute Chart 11am EDT. 2008-May-29-2008-GBP-USD-1 Min-Triangle. Triangle Patterns Can Work on Any Time Frame ...
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Forex Technical Analysis for 06/02—06/06 Week
Floor Pivot Points. Pair, 3rd Sup, 2nd Sup, 1st Sup, Pivot, 1st Res, 2nd Res, 3rd Res. EUR/USD, 1.5049, 1.5255, 1.5405, 1.5611, 1.5761, 1.5967, 1.6117. GBP/USD, 1.9540, 1.9606, 1.9714, 1.9780, 1.9888, 1.9954, 2.0062 ...
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Large Speculators Flipped To Short the Euro In Futures Market
In the past week we saw some weak economic data from the US, but ‘weak’ isn’ta bad thing, putting it in the context of a country (which is the US) that is facing a big crisis in many decades. The more important thing is that...
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Two Ways to Profit From the World’s Newest Markets
Many people are in sticker shock thanks to high gas prices and oil that punched through the $135-a-barrel level recently, before sliding back. And many investors are feeling left out because they haven’t been part of the incredible bull...
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Diamonds & Silicon Keep Selling Despite Downturn
Yesterday we saw that mid-end retailer Sears (SHLD: 84.59 -1.55 -1.80%) is struggling, but today we see a completely different picture from high-end jeweller Tiffany (TIF: 49.05 +1.31 +2.74%). The low dollar is doing wonders for them as ...
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Major Reset Needed in Housing Expectations
Speaking of housing here is a link to a NY Times article on the recent housing report that I think does a better job of covering the situation than the articles Marek was deriding. Furthermore if you want to understand the future ...
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Forex Trading: USDCHF approaches key support
After 3 days of trading higher, the USDCHF has sold off today as the dollar softened. The pair is approaching support at the 1.0403-1.0408 level. This area corresponds to the 38.2% retracement level (1.0408) and the 100 hour MA (1.0403) ...
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Credit Card Spending Surges, Retailers Slump
Today MasterCard (MA: 312.50 +25.61 +8.93%) raised its long-term net income growth to 20%-30% annually up from a previous 15%-20% and that revenue may grow an average 12%-15% annually, up from a previous 8% to 10%. ...
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