EURUSD: Pressure Builds On The 1.3859 Level
Having closed higher for a second week in a row following its reversal off the 1.3427 level, EUR now looks to strengthen further towards the 1.3859 level, representing its Feb 02'2011 high.
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View ArticleGBPJPY - Set To Weaken Further
The cross faces further downside weakness after it followed through lower on its corrective weakness the past week. W expect that weakness to build up towards the 130.92 level, its Feb 04'2011 low as...
View ArticleGOLD: Bull Pressure Set For 1,422.90/1,430.75
With a strong weekly close the past week and a rally occurring during Monday trading session, Gold is now set to head further higher towards the 1,422.90/1,430.75 levels, its Jan 03'2011/Dec 07'2010...
View ArticlePossible pullback on high oil
On Wall Street they wonder: Was that it? Is the pullback over?
View ArticleCARLING CUP FINAL: Birmingham Win the Cup on Arsenal's Defensive Error, 2-1
A titanic defensive error results in the game-winning goal by Obafemi Martins
View ArticleWarren Buffett's enthusiasm for U.S. could boost markets
Warren Buffett is going long on America, and investors are likely to take note when markets open on Monday.
View ArticleVerizon's iPhone 4 public relations damage control says it all
By Joe Wilcox, BetanewsInitial sales didn't meet expectations, and the company is stalling until its next earnings report -- perhaps hoping sales wil surge meanwhile. Moreover, if Verizon Wireless sold...
View ArticleUSD/JPY Weekly Outlook and Trading Idea
Unexpectedly the market pulled back hard last week and we were stopped out with a small profit on our hypothetical long position. Now, the daily chart remains neutral to negative. A very bearish signal...
View ArticleGBP/USD Weekly Outlook and Trading Idea
I am sure you are not happy with the uncertainty here. The confidence in the presented wave count remains extremely low, however the market refuses to make this count invalid. And at this point, only a...
View ArticleEUR/USD - Weekly Outlook and Trading Idea
As discussed in our Medium-Term update on weekly chart, it is unclear if wave (E) has already ended or not. We can't even confirm that wave (D) is over. Thus, the wave structrure does not provide...
View ArticleAutochartist - Weekly Forex Update: AUD/USD
AUD/USD has just completed the high Quality Triangle chart pattern on the daily charts. The Quality of this chart pattern is rated at the 7 bar level as result of the low Initial Trend (measured at the...
View ArticleAutochartist - Daily Forex Update: USD/SGD
USD/SGD has just completed the Pennant chart pattern identified by Autochartist on the daily charts. Autochartist rates the Quality of this chart pattern at the above-average 6 bar level which is the...
View ArticleOil spike may split Fed and ECB
The Federal Reserve and European Central Bank may go their separate ways if Middle East unrest provokes a sustained, inflationary oil price spike.
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View ArticleCarling Cup Final - Can Arsenal survive this morale-puncturing loss?
The loss against Birmingham City in the Carling Cup final will be the biggest test of the young Arsenal side's mental strength.
View ArticleMotorola sues TiVo over DVR technology
Motorola Mobility sued TiVo Inc for infringing its patents for digital video recorders .
View ArticleMigrants pour into Tunisia fleeing Libyan crisis
An international refugee crisis is developing on the Libya-Tunisia border as thousands of people are pouring into Tunisia, fleeing the carnage in neighboring Libya.
View ArticleNew Zealand Trade Balance
The New Zealand economy released today data on the trade balance, export and import during January, where the actual reading of the trade balance showed a value of 11 million NZ dollars compared to the...
View ArticleAustralian Stock Market - Morning 2/28/2011
The US economy grew at a revised 2.8pct in the March quarter. The flash estimate had the economy growing at a 3.2pct annual pace and economists had expected an upward revision to 3.3pct.
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