By Fast Brokers - The USD/JPY continues to hit a brick wall at our 3rd tier downtrend line, revealing the significance of [...]
USD/JPY Blocked by our 3rd Tier Downtrend Line
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Incorporating seasonality into Heidi. A concept of a better forecasting component for an intraday trading system.
Hourly time scale in forex provides roughly 24 times more statistics, than the daily scale. Therefore, if a single adjustable parameter for all currency pairs is justifiable in the daily system optimization (Danica), 24 parameters can be adjusted for Heidi without jeopardizing significance of the...
FOREX-Dollar rebounds broadly, euro hit by weak data
NEW YORK, June 12 - The dollar rose on Friday, rebounding from vicious selling earlier this week, while data showing a plunge in euro-zone industrial ... See all stories on this...
UK recession may have ended three months ago
Never fear, mates. The UK recession may have ended as long ago as March, says NIESR. It has not exactly been a robust recovery but there appears to have been slight upticks in growth in both March and April, the think tank says. The pound is performing robustly this afternoon amid the green shoots,...
Dukascopy Morning Forex Overview - Oct 2 2009
Previous session overview The dollar and euro fell against the yen Friday as investors cut down on the riskier currencies for the safe-haven Japanese unit after a slew of bad U.S. economic data and poor stock moves overnight made them more bearish about the two currencies. Players were more averse...
EUR/USD Down for a Second Day as Productivity Grew
EUR/USD continued to fall today as the ECB kept interest rate unchanged and the U.S. productivity in the first quarter of 2009 rose faster than expected. The currency pair is now trading near 1.4121. Initial jobless claims were at 621k last week, down from 625k...