Archive for: finance

Chart of the Day – 9/29/2010 – GBP/USD

9/29/2010 – GBP/USD – Price action on GBP/USD (a 4-hour chart of which is shown) as of Wednesday (9/29/2010) has stalled in its bid to target 1.6000, though...

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Cisco Breaking Out?

Cisco Breaking Out?

Purely from a technical perspective, we can make the case that with the series of higher-highs and higher lows since the August 31 low at 19.82, Cisco (CSCO) is...

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A Bailout for Credit Unions

A Bailout for Credit Unions

Filed under: Deals , Industry , Money and Finance Today , Financial Crisis In a complex set of arrangements, the federal government has stepped in to stabilize...

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Irish Finance Minister: Concerted Attack On The Euro Zone

The Irish Minister for Finance, Brian Lenihan, says the recent surge in borrowing costs for some countries suggests there is a concerted attack on euro zone nations,...

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Recovery Rally for U.S. Steel?

Recovery Rally for U.S. Steel?

Purely from a technical perspective, yesterday’s low in U.S. Steel (X) at 41.80 could have been a secondary, near-term double bottom low (with the Aug 31st...

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Hog slaughter is expanding and product is looking heavy.

LEAN HOGS Good morning. Lean hog futures are trading slightly lower in the early electronic trading action today. The futures market is soft despite early indications...

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EURUSD Weekly Summary: September 18

EURUSD Weekly Summary: September 18

EURUSD Weekly Summary: The EURUSD had a significant bullish momentum this week, topped at 1.3158 but close lower at 1.3048 after bad US CPI and consumer sentiment...

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Chart of the Day – 9/17/2010 – GBP/JPY

9/17/2010 – GBP/JPY – Price action on GBP/JPY (a daily chart of which is shown) as of Friday (9/17/2010) has retraced back up to the top resistance border of...

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DARK HORSE HEDGE – Take It On The Run

DARK HORSE HEDGE – Take It On The Run Heard it from a friend who, heard it from a friend who Heard it from another you been messin’ around … They’re...

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Chart of the Day – 9/16/2010 – USD/JPY

9/16/2010 – USD/JPY – Price action on USD/JPY (a 4-hour chart of which is shown) as of Thursday (9/16/2010) has tentatively stalled after the dramatic bullishness...

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Daily Forecast: September 16

Daily Forecast: September 16

EURUSD Forecast The EURUSD was indecisive yesterday. The bias is neutral in nearest term but overall we are still in bullish phase. On h1 chart below we can see...

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Chart of the Day – 9/14/2010 – AUD/USD

Chart of the Day – 9/14/2010 – AUD/USD

9/14/2010 – AUD/USD – Price action on AUD/USD (a 4-hour chart of which is shown) as of Tuesday (9/14/2010) has reached very important resistance around...

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