Investors will be paying attention to what the Euro Zone Finance Ministers will be saying regarding debt restructuring for Greece, and will also be...
Week Ahead Market Report: January 23, 2012
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FOREX VIDEO - Pre London Outlook August 21st 2009
Hi everyone. Unfortunately not much new information has entered the market since we last spoke; as a result these volatile but rangy market conditions prevail. For today’s outlook I highlight a few key breakout levels for Cable, Euro and Pound Yen. Simply taking 4 hr and daily charts into account...
WHO raises pandemic level to Six: Swedish health min
The World Health Organization has raised its pandemic warning level to six on a scale of 1-6, according to the Swedish health ministry Reuters reports. This could lead to some risk aversion if it leads to travel cut backs, etc. Risk aversion is the farthest thing from the markets mind as stocks,...
Danica the daily forex forecaster is rolled out
It's now official: from now on, a forex forecast of low, high and close for the next 24-hour period will be posted on this site daily at 9am Eastern time. The system is named Danica following the naming convention where first names starting with D are assigned to systems with daily decision-making...
EURUSD bounced from 1.2153
Being supported by 1.2144 previous low, EURUSD bounced from 1.2153, taking price back to a trading range between1.2144 and 1.2671. Lengthier...
A note of USD/CHF optimization.
The USD/CHF optimization note originally posted on May 29 has been updated to correct for a mistake in the data selection. Originally, 1 out of 6 runs used for the analysis (17% of the traders considered) contained USD/CAD while others contained USD/CHF data. As a result, some of the optimization...