This document explains typical output of Heidi -- an experimental free (payless but closed-source) ForexAutomaton hour-scale forex forecasting system or predictive model.
Explaining the output of Heidi trading system
Source: forexautomaton.com
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EUR Comes off Two-Month High to Close Out Week
Source: ForexYard The EUR/USD came off a two-month high today, following fresh concerns that Greece could soon default on its debt. The pair...
“Real-Forex” daily market analysis
USD/CHF Daily graph: http://www.real-forex.com/charts-daily/November2010/CHF_DAILY_171110.JPG A resistance level on 0.9731 was crossed and...
USD Gains A Head of This Trading Week
The EUR came under selling pressure against the greenback on Monday after the UK Daily Telegraph reported on its website that Germany’s top industrial group has warned that Germany’s credit crunch is deepening. The dollar also drew some support after Russia’s Finance Minister said...
AUD/USD firming; China notable buyer
AUD/USD is making good ground early, presently up at .8090 from around .8045. Aussie is benefitting from decent risk appetite, firming commodity prices, and the overnight release of impressive consumer confidence data. Sources report China has been an aggressive buyer of the pairing. Technical...
Citigroup to close proprietary-trading desk
Citigroup will close a proprietary-trading desk that makes bets with the firm’s own money and most of the unit’s staff will leave...