Morning Forex Technical Bullish impetus is weakening ahead of tough resistance area at 1.3200/50. Rally may extend up to 1.3245/50, although further ...www.actionforex.com/.../morning-forex-technical-201201271...
Morning Forex Technical - Forex Analysis, Currency Forecast, FX ...
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Look for an Algo afternoon
In the forex market we don’t get the dog days of summer, we get the algoritim days of summer. Especially after a day like today, most treaders will head to the sidelines . That doeasn’t mean markets will quiet down. In fact, it often means quite the opposite. Machines are bloodless and...
Obviously the model is still out of form!
Apologies for the slight break in transmission, suffered some minor technical difficulties. Not much has luckily happened in the interim although the s/t model signal isn’t looking too good with EUR/JPY drifting lower, currently at 136.85. Maybe we should use them as a reverse indicator and...
FOREX-Dollar eases on US debt concerns
By Tamawa Desai LONDON, June 11 (Reuters) - The dollar edged down against a basket of currencies on Thursday as rising US bond yields raised concerns about ... See all stories on this...
Darling, Mandelson stay
The two posts that matter to the market , Chancellor and Business secretary, the post created for Peter Mandelson, are retained by their present holders in PM Brown’s new cabinet. Purchasing green bananas for the office canteen is not recommended for any of the Labour government. Cable trades...
Foreign Direct Investment in China remains sluggish
The total FDI in the first five months of the year was just over $34 billion, which is down 20.4% on the same period in 2008. The first four months saw a fall of 21% so there has been a slight...