GBPUSD remains in downtrend from 1.5997 and the fall extended to as low as 1.5326. Resistance is at 1.5597, as long as this level holds, downward...
GBPUSD remains in downtrend from 1.5997
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FOREX VIDEO - Pre London Outlook August 28th 2009
Hey Everyone. Tough London trading prevails however we are trading in the context of some longer term direction especially on the Pound related pairs. In this presentation I draw up a conservative trade plan for Pound Yen and Cable. Lots of Fibonacci work today as well as longer term chart use for...
Shorts cover as AUDUSD pops thru 81c
The market has been once again surprised with the economic data released showing only 1700 jobs were shed in May. Market has been caught short, with many expecting a bad number. Yesterday commodity buying and a strong consumer confidence number helped AUD higher. Today the Employment figures will...
Kudrin says Russia has full confidence in dollar
Russia has full confidence in the dollar and there is no immediate plans to switch to a new reserve currency, says Russian Finance Minister Alexei...
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...
A Green and Silver Holiday
A Green and Silver Holiday by Carl Delfeld, Investment U Senior Analyst Thursday, December 15, 2011: Issue #1675 You should have seen the look...