USD/JPY Daily graph: http://www.real-forex.com/charts-daily/November2010/JPY_DAILY_041110.JPG Four sessions ago, a vain breach of the resistance...
Forex daily analysis: 04-11-2010
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Chrysler sale to Fiat group gets Supreme Court go-ahead
This sale had been delayed as various interested parties took action in the Supreme Court but the deal is now set to be...
ZuluTrade Adds French Language Support
Well, what do you know, looks like the folks at ZuluTrade added French language support as well. When I made my previous post I missed the little French flag at the top so I ended up posting only about Spanish & Russian language support - my bad. Anyways, just thought I’d let you know in...
Price action taking its toll
Lots of grumbling out there from both the professional and individual trader community today as prices rally and reverse and then slide and reverse. After lots of to and fro but not much new from a fundamental perspective to cling to. The main headlines today (Russia and Brazil cozying up to the...
USDCHF formed a cycle bottom at 0.9932
USDCHF formed a cycle bottom at 0.9932 level on 4-hour chart and the bounce extended to as high as 1.0170 level. Further rally is still...
AUD/JPY and GBP/USD leading indicator history, 2002-2009
AUD/JPY and GBP/USD form a weakly correlated pair, often but not always correlated positively, which many traders would regard to be one of the last suspects when it comes to predictive forex correlations. Nonetheless, in the screening we conducted last summer using the data set from 2002 to early...