Subscribe to RSS
It’s Funny How We Get The Perfect Job Number
Earlier this week on January 5th, 2011 the payroll processing company ADP reported that the U.S. economy had added 297,000 jobs. The economists went wild raising...
Rude awakening of the sleeping Giant
Euro has clearly broken 1.329s or the low it had posted earlier this week nonetheless this break to us is only like an earth quake which took place far off land...
Daily Forecast: November 25
EURUSD Forecast The EURUSD was volatile but indecisive yesterday. I think as long as price stays below 1.3446 the nearest bias remains bearish testing 1.3260 and...
Daily Forecast: October 20
EURUSD Forecast The EURUSD had a significant bearish momentum yesterday, fell below 1.3800 key support area, bottomed and closed around 1.3700. This fact confirms...
Geithner’s Comments Oddly Support USD
Treasury Secretary Geithner’s comment helped the sagging USD recover some lost ground during today’s Asian session although the greenback still remains...
Daily Forecast: October 19
EURUSD Forecast The EURUSD attempted to push lower yesterday, bottomed at 1.3831 but whipsawed to the upside, topped at 1.3997 and closed at 1.3963, formed a Doji...
Will China Continue to Lead S&P Higher?
Let’s have a look at our comparison chart between the Shanghai Composite and S&P 500, as we examine whether the SPX will continue to follow China higher....
Gold and Stocks Can’t Dance Together Forever
Stocks and bullion are moving so closely in-step these days that gold bugs may soon find themselves in the uncomfortable position of rooting for higher share prices....
Chart of the Day – 10/07/2010 – EUR/USD
10/07/2010 – EUR/USD – Price action on EUR/USD (a 4-hour chart of which is shown) as of Thursday (10/07/2010) has risen substantially from its 1.3800 resistance...
Forget Gold, Try this ETF Instead (GLD, SMH, INTC)
With Gold (GLD) reaching all-time highs again this week more investors are putting cash into anything precious metal related but I am here to caution you on doing...
Daily Forecast: October 01
EURUSD Forecast The EURUSD was volatile but indecisive yesterday, formed A Doji on daily chart. The bias is neutral in nearest term but overall price still maintain...
Daily Forecast: September 27
EURUSD Forecast The EURUSD continued its bullish momentum on Friday, topped at 1.3494 and closed at 1.3488 after break out above my minor bearish channel indicating...
Counter