AUDUSD stays in a upward price channel on 4-hour chart, and remains in uptrend from 0.9861. Initial support is at the lower line of the channel, as...
AUDUSD stays in a upward price channel
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What’s In The News: February 23, 2012
This is what’s in the news for Thursday February 23, 2012. The Wall Street Journal reports a coalition of major Internet firms,...
AUDUSD stays above a uptrend line
AUDUSD stays above a uptrend line on 4-hour chart, and remains in uptrend from 0.9390, and the rise has extended to as high as 1.0344. As long as...
Cable slump extends as stops triggered
Well looks as though there were decent-sized stops below 1.5850, as suspected. We’ve moved quickly lower, presently at 1.5810. Technical supports lined up at 1.5800/05, 1.5775 and 1.5750/55. Risk sentiment isn’t in good shape this morning, S&P futures off 7 points, and this will be...
New York forex wrap-up; Risk equaled reward, for a time
US weekly jobless claims fall to 601,000 , -24,000 US retail sales rise 0.5%, ex-autos rise 0.5%. Gasoline price rise impacts IMF raises 2010 GDP outlook for the US to 2.4% from 1.9% French official: Keeping eye on currency market; volatility hurting economy Volcker: No practical alternative to the...
USDCHF rebounded from 0.9497
Being supported by 0.9463 (Oct 14 low), USDCHF rebounded from 0.9497 and broke above the downtrend line on 4-hour chart, suggesting that a...