USDCHF might be forming a cycle top at 0.9368 level on 4-hour chart. Another fall to test 0.9201 key support would likely be seen later today, a...
USDCHF might be forming a cycle top at 0.9368
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AUDUSD Intraday views
AUDUSD will be supported via strong buying in commodities and a weak USD today and very strong consumer confidence numbers. Traders looking to buy under 80c for a revisit of 8120 tonight. Not hearing of any major selling interest on the day. AUD right in the middle of the day’s range here but...
Tumpel-Gurgerell: Central banks need to be pricks…
…of asset bubbles. Asset bubbles and financial sector imbalances should be dealt with preemptively, she says. The financial crisis represents the greatest ever challenge for the euro, she says. 2009 will be very difficult. Deflating asset bubbles is likely to be the consensus change in the...
Linsanity is now brought to you by Volvo
Linsanity is now brought to you by Volvo. The New York basketball star signed a two-year endorsement contract with Volvo to become their new...
Yen cross selling sees USDJPY back under 98.00
Selling of Yen crooses has weighed on the USDJPY sending it back below 98.00 and towards the first line of support at 97.80. There are some range traders on the bid here at 97.80. However Japanese traders are looking at 97.50 as the pivot point with the base of the ichimoku cloud coming in at...
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