Dukascopy Fundamental Analysis EUR “The cost of postponing a solution [debt swap] is extremely high for Europe, but especially for the future of the euro” - Giovanni Bossi, chief executive officer of Banca Ifis SpA Talks on Greek debt swap resumed on Thursday as European finance ministers pressure private bondholders to take bigger losses on their Greek holdings. USD “Improving economic [...]
Dukascopy Morning Forex Overview
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Just ignore the yellow bit
Wouldn’t it be great if you could just go back an erase the perverse price action that wrecks otherwise perfectly good chart patterns? Just ignore that yellow highlighted part on the hourly EUR/USD chart and you have a head-and-shoulders top playing out. The measured move objective is...
Cable extends rally
Cable is seeing acclerated gains this morning, presently at 1.6140. Buy stops are said to have been triggered on breach of 1.6100. Sterling is being bolstered by improving housing data and by the fact PM Gordon looks safe for now. There is also al ot of speculation that sterling is being boosted by...
Forex Results 27th May '09 | WorldWideEarn
Expert Advisor Trading MegaDroid 1 Trade +17.19 (+15 Pips) Had a decent increase in lotsize since my last MD trade, so very happy with the. WorldWideEarn -...
Intermarket analysis seems to make no dramatic difference to forex prediciton quality on day scale
As we are gearing up towards the launch of a real-time day scale forecasting service, I am using the newly developed forecasting figure of merit, Pearson correlation coefficient between the real and predicted logarithmic returns, to make a choice of the operating mode for the test mode of the...
Cable ticks higher again
Cable has ticked back up to 1.6325 at writing. Resistances now at 1.6330 and 1.6350/60. I gotta think this rally is more about general profit taking in the EUR/GBP cross than anyone getting excited about the Q-2 GDP revision. The EUR/GBP cross is down at .8790 from an early .8825. Good call Sean....