By Fast Brokers - Gold retested our 2nd tier downtrend line yesterday, yet failed to close above on our 4-hour chart...
Gold Bounces Between our 1st and 2nd Tier Downtrend Lines
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IMF bonds: Less than meets the eye
The latest hysteria to hit the FX market is the fear that emerging powers like China, Russia and Brazil will pull funds out of US reserves and pump them into newly issued IMF debt. There are a couple of problems with this notion. For one, the bonds are not meant to be marketable. This will be a buy...
Watching Canadian Dollar
We are going to keep an eye on the Canadian Dollar today. The Bank of Canada’s governor is giving a speech today...
Fundamental Outlook at 1400 GMT (EDT + 0400)
By GCI Financial - The euro moved sharply higher vis-à-vis the U.S. dollar today as the single currency tested bids...
FOREX VIDEO | NEW YORK SESSION REVIEW | June 11, 2009
Inter-market correlation pointed to a rally on the EUR/USD currency pair during the first 30 minutes of today’s US equity market session. The rally broke a downtrend line, and a conservative long trade entry came in the form of a re-test of that former source of resistance. A 60-pip profit...
Imminent Crisis in Forex Markets? | Forex Blog
Imminent Crisis in Forex Markets? The only thing predictable about currencies these days is that they will remain unpredictable. Forgive me for speaking in cliches, but when you consider that the last twelve months have seen both record ... Forex Blog -...