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EUR/JPY technicals
Modest uptrend still in play here on the hourly charts but the excessive volatility from last Friday between 136.30 and 139.20 may be signalling th the quiet times are over and we are in for more high volatility. Risk/reward would seem to favour buying dips with a stop below...
FOREX VIDEO - European Outlook October 27th 2009
Hi everyone. For this outlook I employ some very simple trend following analysis. I take a good look at the Aussie USD and Euro USD. The Euro analysis is slightly more complex in that we have hit a reasonably strong area of support and I’m cautious in my approach to trading it today. The sound...
FOREX VIDEO - ASIAN OUTLOOK NOVEMBER 23rd 2009
Hello everyone. For todays preview video, I would like to look at the GBP/JPY longer-term and as part of the analysis provide an update on the GBP/USD. Please note the shorter week for the US equity markets. Thin market conditions will exist. Be careful with your trading this...
China Jan-May Urban fixed asset investment up 32.9%
China’s urban fixed asset investment rose 32.9% in the first five months this year, more than the forecast of...
Japan’s ex-Economy Minister Ota says recovery may be W-shaped
Japan’s former Economic and Fiscal Policy Minister Hiroko Ota says country’s economy is likely to stumble again later this year after a temporary rebound. Comments little old, but interesting...