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The S&P;500 Conundrum
By Adam Hewison - I was just looking at the S&P 500 index as we come to a close for the week of June 6th. While the market appears higher...
GBPUSD is forming a cycle top at 1.5128
GBPUSD is forming a cycle top at 1.5128 level on 4-hour chart. Key support s now at the lower border of the rising price channel, now at 1.4910,...
Eur/Usd capped by Far-East names
Dealers report that the pop up to to 1.4030 was eagerly sold into by Far-East names and now we move back to the 1.40 level. The stock market is up a touch at the moment with the Dow up 19 points and S&P Futures moving higher...
Fiat takeover of Chrysler runs into problems
It looks like the proposed takeover of Chrysler by Italian car giant Fiat is running into a few problems, with Fiat telling the US supreme court that Chrysler could be forced into liquidation if the sale is not completed by June 15th. Earlier the group of Indiana Pension Funds had urged the high...
Pound breaks the 1.0600 resistance and Euro trading above 1.3300
By TraderVox.com Tradervox (Dublin) - The single currency held on the recovery the late night recovery of yesterday as it traded above...