Currently, the trend is bullish so we could still get some choppy rally. As long as price stays above 1.3145 support level, the trend is bullish...
Daily Elliott Wave Forex Forecast-4-August-2010
Source: feedproxy.google.com
Read more...
USD making modest gains
In what has been a typical Asian morning session, some of the overnight moves are being consolidated or retraced. Others would call it momentum killing. I’m not complaining, my USD/CHF hourly chart is starting to look like it might build a constructive base around 1.0770 although this might...
Cable extends rally
Cable is seeing acclerated gains this morning, presently at 1.6140. Buy stops are said to have been triggered on breach of 1.6100. Sterling is being bolstered by improving housing data and by the fact PM Gordon looks safe for now. There is also al ot of speculation that sterling is being boosted by...
Roubini index Vs VIX- or are they one and the same?
Here’s an interesting perspective from istockanalyst. The rise in the VIX correlates almost perfectly with the drop in google searches for Mr...
FOREX VIDEO - Pre London Outlook September 1st 2009
Hi everyone, happy to be back after the London holiday. For this outlook video I analyze the Euro Pound extensively not necessarily to trade it but to use this pair as a strong proxy for Pound related relative strength. Nothing particularly complicated, simply using Euro Pound technical’s to...
Forex daily analysis 15-10-2010
USD/CAD Daily graph: http://www.real-forex.com/charts-daily/151010/CAD_DAILY_151010.JPG One-Hour...