Both the Nikkei and the Kospi are up around 0.5% on the open.
Regional share markets open up 0.5%
Source: www.forexlive.com
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True Trend Indicator | True Trend
Hello Jordan, I do see that you look at both the True Trend and Stochastic's to give you an idea of the strength or change of the current trend, however as you mentioned below - isn't it wiser to sell rallies on downtrends and buy pullbacks on uptrends. I do see that the play below did work...
Order Books
A quick chat with some of the local dealers shows that there are not too many orders close to the market this morning; Heavy buying interest in USD/JPY at 97.25/50 EUR/USD buy orders at 1.3800/10 and sell orders 1.4040/65 A lot of weaker trailing stops were taken out below .7875 in the AUD/USD in...
USD/CHF Mid-Day Outlook - Forex Trading, Currency Forecast, FX ...
USD/CHF recovers in early US session but after all it's still limited below 1.0224 minor resistance. Intraday bias remains mildly on the downside for the moment and fall from 1.0337 might extend further. But still, downside should be contained above 1.0032 support and bring rise resumption. Above...
PM in crisis: Make-or-break Monday
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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...