Being contained by 1.3793 support, EURUSD rebounds from 1.3804, suggesting that a cycle bottom is being formed on daily chart. However, a break of 1.4338 ...
See all stories on this topic
Daily Forex Analysis - June 10, 2009
Source: www.forexrazor.com
Read more...
The USD Recovers after US Consumer Confidence Falls
The U.S. dollar gained versus the EUR but extended losses against the Japanese yen on Friday after the U.S. consumer sentiment index unexpectedly declined in early August. The data pushed U.S. stocks lower, aiding the Dollar which has tended for months to move in the opposite direction as equities...
Evil Genius Trade Package
I consider myself a law abiding, stand-up citizen. You know, I always try to do what’s right. I’m not one that condones cheating or telling secrets. That’s why when I came across this ‘sin’sational package (pardon the pun), I was faced with a Dr. Jekyll and Mr. Hyde...
Cable runs into a brick wall
Cable is back where it started (well at least where it was when I first sat down with my early morning cuppa.) We’re presently at 1.6085 with the earlier cable rally stalling out at 1.6129. Guess those aforementioned sell orders at 1.6125/40 must have been pretty lumpy. Seems there is still...
GM, Toyota sales tumble
Gm sales fell 29.6 percent in May versus the year ago period, but those sales look robust compared to Toyota. Their sales fell 38.4% from a year ago. Over the prior month though, sales were improved. UPDATE: Chrysler sales fell 47% from year-ago...
August 2011 performance review for Danica
August 2011 was the eighth month of the second year of Danica's live operation. The system continued on auto-pilot without parameter changes. The market average of the correlation coefficient between its forecasts and the reality for daily close came out negative, but the result is strongly...