The Central Bank of Armenia held its key refinancing rate unchanged at 8.00%. The Central Bank Board said in its release:...
Central Bank of Armenia Holds Interest Rate at 8.00%
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Regarding wedges and triangles
I’ve attached a 4 hourly EUR/JPY chart with a perfect wedge/triangle formation. A friend of mine insists that this formation loses its effectiveness once prices get past the 3/4 length of the wedge and near the apex. My feeling has always been that the pattern builds up strength as it nears...
Empire East Land Holdings (ELI), Breaking Ground
On January 13, Andrew Tan-led Empire East Land Holdings, Inc. (ELI), a property firm that was spun off from Megaworld Corporation (MEG) in 1994...
EUR/USD Retreats towards its Neckline
By Fast Brokers - The EUR/USD topped-out yesterday and is heading back towards our 1st tier uptrend line, or the neck of...
Investing in Chinese Stocks: Capture Growth and Manage Risk
Investing in Chinese Stocks: Capture Growth and Manage Risk by Carl Delfeld, Investment U Senior Analyst Thursday, January 26, 2012: Issue #1694...
EUR/USD extends sell off, but buy orders noted
EUR/USD has extended it’s early sell-off, presently at 1.3925 having just posted a 1.3917 session low. Risk sentiment doesn’t seem to be in very good shape; stocks oil down. Sources do however note some buy orders lined up at 1.3900 and then again quickly at 1.3885/90, which should at...