EURUSD remains in uptrend from 1.3146, the pullback from 1.3833 is treated as consolidation of uptrend. Support is now at 1.3650, as long as this...
EURUSD remains in uptrend from 1.3146
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USD making modest gains
In what has been a typical Asian morning session, some of the overnight moves are being consolidated or retraced. Others would call it momentum killing. I’m not complaining, my USD/CHF hourly chart is starting to look like it might build a constructive base around 1.0770 although this might...
Labour facing disastrous election results
The European elections did not go well for Gordon Brown’s Labour party but you are going to have to make your own mind up as to whether this is good or bad for the pound, as I’m not too sure. Cable has topped out at 1.66 and falls back towards 1.50 look on the cards but the uptrend...
AUDUSD pulled back from 0.9457
After breaking above 0.9404 (2009 high) resistance, AUDUSD pulled back from 0.9457, suggesting minor consolidation of uptrend from 0.8771...
Majors steady in early interbank trade
All of the majors are at their NY closing levels from Friday. The market will try to digest the volatile moves from Friday night before settling on its next move. I expect Asia to trade most of the majors in 100 pip ranges. It’s a relatively quiet day on the economic data...
Multi-Screen Computers?
I wanted to see if I could get some advice from those of you that use these computers. I’ve been searching around for computers with multi-screen capabilities and have found 2 brands so far that look pretty good. This one from Digital Tigers looks pretty good with 3 screen capabilities....