There is a very strong bearish sell signal on the Eur/Usd as shown in the following chart: EURUSD Signal Source: Tradign Central
Strong Sell Signal - EUR/USD - June 12th 2009
Source: www.forextvblog.com
Read more...
JPY buying into the fix
As I wrote earlier, normally one sees USD buying and JPY selling on the 10th of the month but today we are seeing the opposite with JPY buying pushing the USD/JPY to a session low at 97.17 and EUR/JPY to 136.70. Not much in the way of bids until 96.60 in USD/JPY I’m told, but it is doubtful...
Jobless Claims Fall Again Showing Signs of a Recovering Economy
The Labor Department reported on Thursday, jobless claims numbers didn’t change between this week and last, keeping numbers down and seeing...
EUR/USD Fails to Move Below 1.3000 Level
Source: ForexYard The US dollar largely maintained its recent gains against the euro throughout yesterday’s trading session, as a batch...
Gold Zooms Towards $1000/oz
By Fast Brokers - Gold is topping out after making an incredible bull move on Friday. The precious metal seemed to have...
March 2012 performance review for Danica
During March 2012, the third month of the third year of Danica's live operation, the system continued on auto-pilot without parameter changes. While the forecasts for daily low and high were strongly positively correlated with reality, the predicted changes in the daily close were on average...