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Trade Idea: EUR/JPY – Sell at 95.50 24 Jul 2012 | 05:23 pm
Despite yesterday’s selloff to 94.23, as the single currency has rebounded from there, suggesting minor consolidation would be seen and minor correction to 95.20-25 is likely, however, renewed selling...
Technical Analysis for Crosses 24 Jul 2012 | 03:58 pm
Trading remains stable below 122.05 which keeps the downside correction possibility valid. At the same time, the 61.8% correction at 121.45 managed to ease the strength of the downside move. In genera...
GBP/USD Still Vulnerable Around 1.55 24 Jul 2012 | 03:49 pm
On Monday Pound/Dollar continued decreasing with almost 145 pips. The Cable depreciated from 1.5630 to 1.5484 yesterday, in line with the negative money flow sentiment at bellow -21%, closing the day ...
Daily Report: Euro Stabilized But Remains Vulnerable 24 Jul 2012 | 02:34 pm
Euro stabilized from yesterday's selloff after Spain and Italy banned short selling of stocks. Overall sentiments also recovered mildly after China manufacturing data showed mild improvement. However,...
Forex and Dow Jones Recommended Levels 24 Jul 2012 | 12:05 pm
EUR/USD Today's support: - 1.2077 and 1.2060(main), where correction is possible. Break would give 1.2046, where correction also may be. Then follows 1.2025. Break of the latter would result in 1.2012...
Foreign Exchange Market Commentary 24 Jul 2012 | 11:57 am
The EURO closed lower on Monday and the highrange close sets the stage for a steady to higher opening on Tuesday. Stochastics and the RSI are turning neutral to bearish again signalling that additiona...
Greece Troika Inspection Begins Tuesday 24 Jul 2012 | 10:31 am
U.S. Dollar Trading (USD) the market was shaken yesterday by the collapsing confidence in Spain’s ability to fund its own debt. Spanish and Italian authorities announced a short selling ban on banks t...
Forex Exchange Morning Report 24 Jul 2012 | 10:30 am
The negative momentum from Friday's session persisted during the London session. Another Spanish region confirmed it needed rescuing, and there are five others expected to follow. A Der Spiegel report...
$ Index, Still Long But Risk Rising 24 Jul 2012 | 01:41 am
In the Jul 19th email in eur/$, affirmed the bullish view over the last number of months, as the upside was still not "complete". The market has indeed continued higher, today reaching a level not see...
Elliott Wave Trade Ideas Performance Update 24 Jul 2012 | 01:39 am
No position was entered last week
