Owner: Learn Forex URL:http://richbuddy.blogspot.com/ Join Date: Sat, 22 Mar 2008 00:05:46 -0500 Rating:0 Site Description: Learn Forex, forex Strategy, forex charts, technical indicator, money management, risk management, technical analysis, fundamental analysis, stochastic, adx, moving average, rsi, macd, bollinger bands Site statistics:Click here
Forex Forecasts 2008-03-20 19:36:49 EURUSD daily outlook - Thursday 03.20.2008 Posted: 20 Mar 2008 02:18 AM CDT The Euro climbed back towards the 1.58 area on yesterday but it failed to hold its gains and collapsed during the U.S. trading session, reaching lows at 1.5583 on yesterday and at 1.5568 during today's Asian session. Although the medium term and longer term trend is bullish, the pair is currently on a corrective phase. The correction may extend all the way down towards the 1.52 area but we will focus on first barriers which may as well limit the downside. First important support is now formed EUR/USD Daily Outlook Posted: 20 Mar 2008 02:11 AM CDT ******************************************* INTRA-DAY EUR/USD OUTLOOK : Read more:Forex
Forex Market Update 2008-03-19 21:09:51 FOMC continues its aggressive easing policy Posted: 19 Mar 2008 11:55 AM CDT • The FOMC cut rates by 75 basis points to 2.25%…. • ... as it for the first time in this cycle resists market pressure for still bigger cut... • ....and two governors dissent in favour of less aggressive action, pointing to some rift inside FOMC..... • .... markets react positively even if easing falls short of expectations, suggesting calm may return….. Hungary: Confusing January nominal wage figures Posted: 19 Mar 2008 11:46 AM CDT According to the CSO, gross average wages in the economy dropped 1.5 y/y in January 2008, while net wages decreased by 0.2% y/y. However, what at first sights seems extremely favorable from the point of view of the inflation development hides a serious one-off distort Read more:Forex
, Market
, Update
Forex Market Update 2008-03-19 02:09:13 U.S MarketUpdate
Posted: 18 Mar 2008 10:35 AM CDT - What a difference a day makes for US financial stocks. Earnings reports from Goldman Sachs and Lehman Brothers have provided a desperately needed shot of confidence into the markets, sending equities surging and Treasury prices lower. Mid-morning upgrades at Goldman Sachs for shares of MS and LEH only added to the buying frenzy. GS +12% LEH +32% MER +9% JPM +6% C +8% BSC +40% MS +13.5% XLF +6% Advancers led decliners on the NYSE by nearly a 9:1 margin. Gold stocks are one of the rare Look for silver and platinum to outperform gold today Posted: 18 Mar 2008 10:27 AM CDT OVERNIGHT CHANGES THROUGH 3:15 AM (CT): GOLD -3.60, SILVER -29.00, PLATINUM -13.40 London Gold Fix $1005.75 -$20.25 LME Copper stocks 124,575 tons -925 t Read more:Forex
Forex Signals 2008-03-17 15:13:31 Pound within HS Most probably Posted: 17 Mar 2008 07:05 AM CDT1 minute with Forex
Survivor (17 Mar US) Looking @ GBPUSD chart, I would predict (although it is not my favourite term for trading – as I don't predict but rather calculate) that head and shoulders are on the make, where already a left shoulder and head have been construed, and what is left is the right shoulder. Pound should stay below 20250 for now. GBPUSD: buy 19850 TP 20pips Trade valid till: 20 Mar Daily Scalping Tip Posted: 17 Mar 2008 06:15 AM CDT SELL EURUSD @1.5747, SL @1.5762, TP @1.5737 Signal Time: March 17, 2008 11:14 GMT STATUS: -ON - EUR/USD - Next target "1.60" as Euro heading to new record Read more:Signals
Forex Market Update 2008-03-17 04:48:52 Weekly Review and Outlook - Another Record Week for Dollar, No Sign of Bottom Yet Posted: 15 Mar 2008 05:35 PM CDT Action Insight Weekly Review and Outlook Another Record Week for Dollar, No Sign of Bottom Yet It was another record breaking week with EUR/USD scoring new record high of 1.5687. More importantly, violent moves in the market pushed some pairs through important long term levels. USD/CHF took out parity for the first time in life. USD/JPY broke 100 psychological for the first time since 1995. GBP/JPY also broke 200 psychological level. Fed's new Term Securities Lending Facility might have Weekly S&P 500 Technical Outlook Posted: 15 Mar 2008 02:57 PM CDT S&P500..1288.79...The 1326 level continues to provide fairly good resistance and thus, the ST tren Read more:Forex
, Market
, Update
Forex Forecasts 2008-03-16 13:50:32 EUR/USD Daily Outlook Posted: 14 Mar 2008 03:01 AM CDT ******************************************* INTRA-DAY EUR/USD OUTLOOK : 1.5602 Updating time :14 Mar 2008 07:46 GMT Euro's retreat after rising to a marginal high at 1.5652 suggests an intra-day top has been formed there n consolidation with mild downside bias is seen, however, reckon 1.5550 wud contain weakness n sup at 1.5522 wud hold. Sell on recovery with stop as indicated, only abv 1.5652 wud risk EURUSD daily outlook - Friday 03.14.2008 Posted: 14 Mar 2008 02:19 AM CDT The Euro continues to advance higher versus the U.S. dollar setting fresh record highs constantly. The overall sentiments on the greenback remains extremel Read more:Forex
Forex Market Update 2008-03-12 13:19:22 European Session - Dollar Back in Favor- But For How Long ? Posted: 11 Mar 2008 12:18 PM CDT Market
Brief The Euro is reeling. The Pound is stumbling. These currencies are not linked in any fashion but seem to be affected by the same alarms bells President Trichet of the ECB signaled yesterday. His statement underlined the trials and tribulations the Eurozone economy will have to face if the excessive volatility in the market were to continue. Without really mentioning president Trichet was underscoring the problems the strong euro was having on exports from this region. This has been Currency Currents Posted: 11 Mar 2008 11:48 AM CDT FX Trading – Call Girls, Margin Calls and Calls for New Liquidity It's still a young week, but there's plenty to talk about. In between the media circ Read more:Forex
, Update
Forex Market Update 2008-03-10 11:25:29 Forex
Survivor Crude Oil Target @ $106.5 Effectuated Posted: 08 Mar 2008 12:00 AM CST 1 minute with ForexSurvivor 650pips Crude Oil Mission Completed (Reminder: 04 Mar 2007) (07 Mar US) Crude Oil: hitting ForexSurvivor Long Term Target @ $106.50/bl before it drops, tells well the volume ForexSurvivor was holding to meet its exact target. Why the market topped @ $106.51 only this week and how ForexSurvivor Long Term Target has been set since months @ $106.50 is something worth to pause a thinking of. * ForexSurvivor archive about crude oil US Market
s for Monday, March 10 Posted: 07 Mar 2008 06:44 PM CST Fresh Round of Currency Speculations (reloaded, again) Posted: 07 Mar 2008 04:44 PM CST All bets - introduced by my latest FXstreet.com notes - are sti Read more:Update
Forex Market Update 2008-03-01 04:32:21 Chart of the Day - EUR/CAD Posted: 29 Feb 2008 11:20 AM CST (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend line in red; 100-period simple moving average in light blue.) 2/29/2008 – EUR/CAD – Within the context of the long-term downtrend on the EUR/CAD daily chart, as shown, price action has formed a rather large rising wedge pattern (represented on the chart by the two converging green lines). Since the pattern was initiated in September 2007, each side of the wedge has European Session - The Dollar is Still a Major Player Despite its Fall Posted: 29 Feb 2008 11:12 AM CST Market
Brief Beaten down, and out of favor with most analyst, the dollar still holds an important role in world economic affa Read more:Forex
, Update
Forex Market Update 2008-02-19 21:40:40 Chart of the Day - GBP/CHF Posted: 19 Feb 2008 11:42 AM CST (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; horizontal support/resistance lines in yellow; Fibonacci retracement levels in grey; 50-period simple moving average in light blue.) 2/19/2008 – GBP/CHF – The GBP/CHF daily chart, as shown, is continuing to display a horizontal trading range that just won't quit, much like other currently consolidating sterling crosses. This approximately 500-pip 19/2/2008 - the current market sentiment Posted: 19 Feb 2008 11:10 AM CST The British pound is still depressed by the publication of the northern rock. The publication shows how much the financial situation is serious and negative aft Read more:Forex
, Market
, Update
Forex Market Update 2008-02-15 10:50:21 Chart of the Day - AUD/JPY Posted: 14 Feb 2008 10:17 AM CST (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; horizontal support/resistance lines in yellow; 200-period simple moving average in light blue.) 2/14/2008 – AUD/JPY – After a significant run-up in the last 3 to 4 weeks resulting from a bounce off the long-term uptrend line, price on the AUD/JPY daily chart, as shown, is approaching a confluence of several different resistance factors. This strong Technical Summary for Majors Posted: 14 Feb 2008 10:11 AM CST EURUSD Remains in a steady recovery following decline from 1.4953 that bottomed at 1.4441. Bulls reached 1.4615 high on 12 Feb, ahead of pullback to 1.4532, where a highe Read more:Forex
, Market
, Update
Forex Market Update 2008-02-07 19:55:25 European Session- BOE Reduces Rates While the ECB Might Consider Easing Posted: 07 Feb 2008 10:51 AM CST Market
Brief The BoE cut key interest rates by 25bp as expected. The rate currently stands at 5.25 per cent. In the heel of this decision came the ECB's decision to hold the lending rates at 4 per cent. This too was widely expected. The attention rapidly turned to the press briefing. Most analysts expected Trichet to intimate that rates could decline later this year if his fears of inflation were to subdue. Indeed, the ECB must now consider the dwindling retail sales and a reeling consumer Matsys D Trade Signals Posted: 07 Feb 2008 10:41 AM CST < Daily Scalping Tip Posted: 07 Feb 2008 10:06 AM CST BUY EURUSD @1.4480, SL @1.4465, TP @1.4490 Signal Time: February 7, 2 Read more:Forex
, Update
Forex Market Update 2008-02-06 12:37:56 Chart of the Day - NZD/JPY Posted: 06 Feb 2008 11:23 AM CST (Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; downtrend lines in red; uptrend lines in green; 100-period simple moving average in light blue.) 2/06/2008 – NZD/JPY – As the major carry trade pair with the highest interest rate differential, NZD/JPY (the daily chart of which is shown) is displaying some interesting technical characteristics. As carry-traded pairs continue unwinding across the board, we can see that Kiwi/Yen has been exhibiting Daily Scalping Tip Posted: 06 Feb 2008 11:09 AM CST SELL EURUSD @1.4627, SL @1.4642, TP @1.4617 Signal Time: February 6, 2008 17:07 GMT STATUS: -ON - Daily Scalping Tip Posted: 06 Feb 2008 11:07 AM CST BUY Read more:Forex
, Market
, Update
Forex Market Update 2008-02-05 13:36:41 EURUSD: Extends Its Weakness, Declines Towards Its Rising Trendline Posted: 05 Feb 2008 10:24 AM CST EURUSD - EUR remains pressured to the downside following its failure ahead of the 1.4967 level (2007 peak) and was seen weakening towards its MT rising trendline in early trading today. A test and likely invalidation of there will signal further acceleration of its present decline towards its Jan 01'08 low/.618 Ret (1.4310-1.4921 rally) at 1.4577/45.Trading below there will pave the way for lower prices targeting the 1.4446/86 zone, its .786 Ret/daily 100 ema followed by its Jan 22'08 low at Slowing Euro Services Fuel Dollar Bounce Posted: 05 Feb 2008 10:10 AM CST The dollar rallies across the board after dismal Eurozone services industries data fuels speculation that the much anticipat Read more:Forex
, Market
, Update
Forex Signals 2008-01-10 21:35:40 Trade Setup Alert (Jan 10) Posted: 10 Jan 2008 07:58 AM CST Trend Trade Setup: Look to get long the cable around 1.9550-1.9500 Trend Trade Setup: Look to get long the euro around 1.4650-1.4600 Happy Trading Juan Saton Matsys D Trade Signals
Posted: 10 Jan 2008 09:11 AM CST < Daily Scalping Tip Posted: 10 Jan 2008 05:46 AM CST SELL EURUSD @1.4653, SL @1.4668, TP @1.4643 Signal Time: January 10, 2008 11:45 GMT STATUS: -ON - 30pips NZDUSD Mission has been achieved Posted: 10 Jan 2008 05:45 AM CST 1 minute with Forex
Survivor (10 Jan Europe) 30pips NZDUSD Mission has been achieved (exit 7760) and we like to exit that trade sooner than later. AUDUSD inability to screen a closing session above daily thirty Fibo of Nov- Jan should tolerate Longs to exit a
Forex Market Update 2008-01-09 21:11:51 Fed Speak to Boost Risk Appetite, Yen Negative Posted: 08 Jan 2008 10:22 AM CST We expect the current improvement in risk appetite seen in the weakening yen, rising gold and strengthening equity futures to extend into the US session. Today's speeches from Federal Reserve officials are likely to be a source of further equity gains as they further increase chances of a 50-bp rate cut later this month. The fact that the speakers will be Fed's most hawkish (Plosser) and dovish (Rosengren) officials should have an effect on the market. A 25-bp rate cut is currently cemented in Euroland: Retail sales suffer strongly Posted: 08 Jan 2008 10:19 AM CST Euroland retail sales fell again in November – this time by 0.5% m/m. Expectations were for a rise following the large disappoint Read more:Forex
, Market
, Update
Forex Market Update 2007-11-02 07:07:55 U.S. ForexMarket
Commentary Posted: 01 Nov 2007 01:45 PM CDT EURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4410 level and was capped around the $1.4485 level. The common currency established a new lifetime high yesterday after the Federal Open Market Committee reduced the federal funds target rate by 25bps to 4.50%. Even though Kansas City Fed President Hoenig dissented and the Fed noted upside risks to inflation are "roughly balanced" with downside growth risks, the U.S. dollar U.S. Forex Market Commentary Posted: 01 Nov 2007 01:45 PM CDT EURO The euro moved lower vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4410 level and was capped around the $1.4485 l Read more:Update
Forex Market Update 2007-10-25 15:33:24 Dollar Worries on Negative Economic Sentiment Posted: 25 Oct 2007 01:10 PM CDT The dollar came close to new record lows versus the euro today, after a slew of disappointing results out of the U.S. Jobless claims grew last week, new home sales were lower than expected, and finally, durable goods orders dropped. The trifecta of lousy numbers helped to push the dollar to new depths. Most of the action today surrounded the dollar and euro. The yen was basically flat. The dollar fell slightly against the Canadian dollar, but rose slightly on the British pound. The FXrpm is U.S. ForexMarket
Commentary Posted: 25 Oct 2007 11:39 AM CDT EURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4345 level and was supported aroun Read more:Update
Forex Market Update 2007-10-24 22:07:16 U.S. ForexMarket
Commentary Posted: 24 Oct 2007 11:21 AM CDT EURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4190 level and was capped around the $1.4265 level. Technically, today's intraday high and low were right around the 23.6% and 50% retracement of the move from $1.4015 to $1.4395. The common currency moved lower after U.S. financial giant Merrill Lynch wrote down US$ 7.9 billion from earnings on account of subprime mortgage problems and said the conditions remain U.S. Forex Market Commentary Posted: 24 Oct 2007 11:21 AM CDT EURO The euro depreciated vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4190 level and was capped around the $1.4265 level. Te Read more:Update
Forex Market Update 2007-10-24 02:58:27 Forex
Carry Trades, Forex Trading Posted: 23 Oct 2007 01:31 PM CDT Hi Everyone, We had a Zero Line Cross exit/entry on the Conquer at 12:00 GMT. And we also have a buy Drop In entry at 16:00 GMT today on the Conquer. Conquer - Zero Line Cross: - GBP/JPY entry date: 10/23/2007 at 12:00 GMT entry price (long): 234.82 stop: zero line cross to the down side. targets: half position at 245.82 currently +47 pips Drop In: - GBP/JPY entry date: 10/23/2007 at 16:00 GMT entry price (long): 235.08 stop: 232.80* targets: 1st, 2nd, 3rd currently +21 pips *adjusted stop U.S. Forex Market
Commentary Posted: 23 Oct 2007 11:58 AM CDT EURO The euro reversed course and appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.4280 level and was supporte Read more:Update
Forex Market Update 2007-10-22 21:30:50 FX Trading Posted: 22 Oct 2007 02:07 PM CDT Hi Everyone, Brad has helped any of those who are using a Mac be able to use MT4 along with the custom indicators and this has been added to the help-section. The 3rd piece of the aud/jpy True Trend was stopped out for +163 pips and the eur/uad True Trend was stopped out for -104 pips. Conquer - Zero Line Cross: - GBP/JPY entry date: 10/22/2007 at 01:06 GMT entry price (short): 233.13 stop: zero line cross to the up side. targets: half position at 222.13 currently +170 pips Drop In: - No open Yen, Dollar Rally on Equity Worries Posted: 22 Oct 2007 01:17 PM CDT The yen surged across the board, and the dollar also bounced back against the euro. On Friday, U.S. equity markets sold off hard, leading to a reversal of the carry trade. Th Read more:Forex
, Market
, Update
Forex Market Update 2007-10-20 06:14:13 U.S. ForexMarket
Commentary Posted: 19 Oct 2007 11:34 AM CDT EURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4245 level and was capped around the $ 1.4320 level. Today's intraday high represents a new lifetime high for the common currency. Traders drove the pair higher on expectations that today's G7 communiqué will not make explicit reference to the euro's relative strength. Countries like France and Italy are known to be critical of the euro's recent strength while Germany and the U.S. Forex Market Commentary Posted: 19 Oct 2007 11:34 AM CDT EURO The euro came off vis-à-vis the U.S. dollar today as the single currency tested bids around the US$ 1.4245 level and was capped around the $ 1.4320 level. Read more:Update
Forex Market Update 2007-10-18 00:51:47 U.S. Stock Losses Lead to Yen Rally Posted: 17 Oct 2007 01:12 PM CDT The yen initially fell on what traders saw as U.S. equity strength, following unexpected tech reports in the U.S. yesterday. However, as stocks gave up gains, the yen turned around and was up versus the dollar and the euro. The yen has been trading under the influence of the carry trade dynamic, in which traders borrow yen cheaply to invest elsewhere. On equity weakness, the yen rises as traders buy back borrowed yen. The euro was also higher versus the dollar, but the major action surrounded EURUSD: Hesitates Ahead Of The 1.4250/81 Zone Posted: 17 Oct 2007 10:28 AM CDT EURUSD- After printing a higher level price rejection candle on Monday, EUR hesitated at 1.4225 level before later turning lower on Tuesda Read more:Forex
, Market
, Update
Forex Market Update 2007-10-16 21:25:23 Yen Rallies on Carry Trade Reversal Posted: 16 Oct 2007 01:20 PM CDT The yen was up across the board today, as equity weakness around the world led to yen buying. Traders sold off riskier positions which were initially entered using borrowed yen, leading to yen gains on overall market weakness. The carry trade has been a major factor in the currency markets over the past few months. The dollar was slightly higher versus the euro today, but most of the action revolved around yen strength. The dollar was up slightly versus the Canadian dollar, and also gained on Daily Scalping Tip Posted: 16 Oct 2007 12:48 PM CDT SELL EURUSD @1.4141, SL @1.4156, TP @1.4131 Signal Time: October 16, 2007 17:50 GMT STATUS: -ON - 16/10/'07 - Crude oil and Greenback flying in oppos Read more:Forex
, Market
, Update
Learn What is Forex and How to Trade. 2007-10-09 07:47:27 Why Should I Learn Forex
?If you hear from anyone that making money in Forex is easy, do not believe. It is a myth. The truth is – being profitable in Forex requires a lot of work, dedication, learn, practice, more than a good discipline, sharp knowledge of money management and understanding of the psychology of the currency market. Learn Forex before you start Trading, because to Earn you should Learn Forex.If you are ready to Learn Forex / start Forex Trading, then this blog is for you. Here you will learn all details about forex / forex trading,1) You will learn what is Forex and how to trade forex.2) You will learn forex strategy / forex trading technique / forex trick.3) You will learn how to draw forex trendline.4) You will learn how to determine support and resistance.5) You will l Read more:Trade
Forex Market Update 2008-03-22 01:00:49 Asia Session Posted: 21 Mar 2008 10:00 AM CDT The final London Session of a very busy week (Easter) has brought a substantial decrease in trading activity. Market
conditions are inferior to the backdrop to which we recently have become accustomed over the past two weeks. Both volume and volatility came sporadically, if at all, leaving market players with range bound, illiquid price movement. The only trading we heard of was the closing of positions heading into the holiday weekend. London Gold Market Report Posted: 21 Mar 2008 03:21 AM CDTGold Ends Easter Week 8% Down as Silver Loses 17%, Mining Stocks Drop 15% on US Dollar Bounce From Chris Mullen at GoldSeek.com and Adrian Ash at BullionVault ... Gold Prices plunged all the way to $904.45 by early trade in London on Thursday, but Read more:Forex
, Update
Forex Market Update 2008-03-24 08:06:35 Forex
News Posted: 22 Mar 2008 03:37 AM CDT Turbulence on financial markets pushes USD down Risk aversion supports yen US dollar The worsening crisis on the financial market triggered a massive slump of the USD in the past few weeks. The financing difficulties of a hedge fund and the forced sale of the investment bank Bear Stearns aggravated the nervous mood on the markets. The massive inflow of liquidity by the US Fed helped to stabilize the situation a few times, but ultimately, the considerable increase of USD in circulation is What Now for Gold, Oil, Etc? Posted: 22 Mar 2008 03:11 AM CDT In this issue: Thoughts on the Continuing Crisis Margin Clerks of the World, Unite! Where Do We Find New Sources of Credit? In Defense of Alan Greenspan What Now for Gold, Oil, Etc? Baseb Read more:Market
, Update
Forex Market Update 2008-03-27 03:49:09 Japan: Exports resilient despite slower exports Posted: 26 Mar 2008 11:38 AM CDT Export growth in February unexpectedly picked up as weakness in exports to the US was largely offset by continued strong exports to Emerging Market
s. In February, export growth in current prices accelerated to 8.7% y/y from 7.7% y/y in January (see chart below). Looking at the most recent trend, export growth has – at least for the moment – stabilised at around 2.5% 3m/3m growth. Exports to the US have plunged in recent months (-5.0% 3m/3m in volume terms) and is currently just as weak as U.S Market Update
Posted: 26 Mar 2008 11:38 AM CDT - A negative tone was set for US equity markets after yesterday's close when the WSJ reported the CCU -16% deal was falling apart. The news that one of Read more:Forex
Forex Market Update 2008-04-01 13:38:47 A New Technique of Money Management - ITC Presentation Posted: 01 Apr 2008 11:19 AM CDT This is the extract of Tony Juste's presentation at the International Traders Conference (ITC) , held in Barcelona in October '07. Summary · What Money Management means for a trader · The 'Effective Cost' Technique · Case Studies U.S: 4Q07 Flow of Funds Posted: 01 Apr 2008 10:54 AM CDT 4Q07 Flow of Funds • Businesses debt growth remains solid • Mortgage equity withdrawal has declined $400bn in two years, and reached its lowest level since 1Q02 • Households' data confirm our scenario of sluggish PCE growth Business debt expanded solidly Corporate profits declined 0.5% for the third consecutive quarter, as firms confront ongoing cost pressures and a slowing domestic demand. Read more:Forex
, Market
, Update
Forex Market Update 2008-04-08 13:09:42 Chart of the Day - GBP/USD Posted: 08 Apr 2008 11:13 AM CDT(Chart courtesy of FX Solutions' FX AccuCharts. Price on 1st pane, Slow Stochastics on 2nd pane; uptrend lines in green; downtrend lines in red; chart patterns in yellow; Fibonacci retracement levels in grey; 50-period simple moving average in light blue.) 4/08/2008 – GBP/USD – Price action on the GBP/USD daily chart, as shown, has just tentatively poked down below a descending triangle. This triangle is outlined on the chart in dotted yellow. Like all triangles, this one represents a price U.K. Housing Stinks Up the Joint; British Pound Tumbles Posted: 08 Apr 2008 10:52 AM CDT We've learned in recent months that the housing situation in the UK is treading the same path as housing in the U.S. This morning we got fresh d Read more:Forex
, Market
, Update
Recommend Site To A Friend
