Being supported by the lower border of the price channel on 4-hour chart, AUDUSD rebounded from 1.0145, suggesting that the fall from 1.0385 has...
AUDUSD rebounded from 1.0145
Source: feedproxy.google.com
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Nikkei opens up 1%, Kospi +0.7%
Regional equity markets look like they will have a good close to the week. The Nikkei is now above 10,000 and many doubters will be throwing in the...
Intraday alternation of trending and mean-reversion in FX
This post is the first attempt to summarize intra-day seasonality findings from the six major exchange rates involving USD, focused on the hour-scale correlation structures. Taking advantage of the "non-trivial" (non-zero time lag) correlations in forex is complicated since their structure changes...
EU Leaders Reached Agreement after Unemployment Reached All-Time High
25 out of 27 European Union leaders signed the fiscal treaty in Brussels today. The treaty aims to monitor budget discipline by imposing...
Philippine Stock Exchange Composite Index (PSEi) Clings To The 200-Day Moving Average
Let’s take a look at the chart of the Philippine Stock Exchange Composite Index (PSEi) once again. Based on my technical analysis the...
Johnson & Johnson To Pay $158 Million To Resolve Claims in Texas Case
The Wall Street Journal reports that Johnson & Johnson’s (NYSE:JNJ) Janssen Pharmaceuticals will pay $158 million to resolve...