Technical Indicators: A Love-Hate Relationship

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Part I: How One Technical Indicator Can Identify Three Trade Setups By Elliott Wave International Trading using technical indicators — such as...


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  • Reviewing Last Week - BBFX

    Last week we posted three comments on specific moves in the currency markets, and one commentary regarding US Treasury Yields. Our posting from...

  • Lockhart sees second-half recovery; Fed will meet inflation objective no matter the environment

    Atlanta Fed President Lockhart, a relative hawk, frets that some of the bond rate back up in recent weeks is tied to the fear that the Fed will monetize the debt. He warns that fiscal imbalances will make the Fed’s pursuit of stable growth and prices more difficult. US equities are firmer and...

  • EUR/USD Up on Signals of U.S. Economy Revival

    EUR/USD went up today after the yesterday’s decline as the U.S. fundamental reports showed some optimism for the global economy revival and the traders favored yield more than risk. It’s now trading near 1.4043. Retail sales were reported with a growth...

  • ECB and IMF now join in the chorus

    Last week it was Angela Merkel and Ben Bernanke warning of the dangers of persistently low rates and easy monetary policy. Now the ECB is plotting it’s ‘exit’ strategy and the IMF sees a global economy turnaround later this year. 2-year Treasury yields have roared higher and the...

  • Quiet start to interbank Monday

    The disturbances in Iran have some traders talking of a possible risk-aversion play this morning but the USD is only slightly firmer, 1.40 against the EUR versus a 1.4020 close on Friday night, and EUR/JPY is only slightly lower, 137.70 versus a 137.90 close. All in all, the early interbank session...