... crash this morning could be blamed on the the fact that Paulson says they are not going forward with plans to bailout bad mortgage debt. Traders saw this in a very negative light and pushed the Dow down 400 points. What caused the rally is anyone's guess and ...

forum topic - azka - 2008-12-04 03:27 - 0 comments

... the move was not strong enough to sustain further gains and as the pair appreciated more than 500 points in the last two days, a ... there might be further upside in the coming hours. A clear break of 1.30 ahead of 1.2960 may indicate that the party is over for euro ...

forum topic - azka - 2009-01-28 13:21 - 0 comments

Euro, British Pound and Swiss Franc All Dive Nearly 2% on Coordinated ECB, BOE, and SNB Rate Cuts ... for price stability has improved, though he could not rule out a sharp decline next year, suggesting that even they - previously one of ... triggered flight-to-quality and sharp declines in US stocks for the second day in a row. While the greenback still remains 300-350 ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

... against Greenback yesterday. GBPUSD bottomed at 1.4357 and closed at 1.4385. The minor bullish channel on hourly chart has been ... 91.30 – 90.15 indicating a consolidation phase. A break from the rectangle formation would give us a clearer direction. A ... 1.1285. CCI in overbought area and heading down so watch out for a potential minor downside pressures. USDCHF Daily Supports and ...

forum topic - azka - 2009-01-21 23:31 - 0 comments

... outlook for now. After yesterdays 50 pbs cut from ECB and a hefty 150pbs from BOE and also Trichet’s implication that there is more ... back in the game. From that level it’s either make or break time as it can work as a good support and double bottom or it can break ...

forum topic - azka - 2008-12-04 03:29 - 0 comments

... since yesterdays FOMC Mobile News Alert announcements and hasn’t stopped to breath. The pair broke important 1.35 very easily and ... over 600.000 and Philly Fed Manufacturing Index coming out slightly better than expected but nothing worth reacting to! All market ...

forum topic - azka - 2009-03-20 02:08 - 0 comments

... attitude towards shareholders by company management and an ability to generate profits that can be used to buy back stock. A diversified portfolio of stocks conducting buybacks has been shown to reduce volatility and increase ...

forum topic - azka - 2009-01-23 11:00 - 0 comments

... only important events being PPI out of UK in the morning and later a testimony by Trichet in front of the European Parliament regarding ... is still trading within ranges of 1.2550-1.2850. A clear break of later level could lead the pair towards 1.2930 and potentially to ...

forum topic - azka - 2008-12-08 23:06 - 0 comments

... is trading heavily since the beginning of the week, and the break of psychological 1.30 was done and dusted in a matter of minutes! As long ...

forum topic - azka - 2009-01-21 23:36 - 0 comments

... vs yen By Kaori Kaneko TOKYO, May 14 (Reuters) - The yen and dollar held near some of their strongest levels this week on Thursday after ... recession have dominated the market. But when U.S. stocks fell after the economic data dampened such a view, currency market ...

forum topic - azka - 2009-05-14 17:44 - 0 comments

... calendar is almost empty from important economic reports out of US and the only news we had was the inflation report of BOE and speech by King. ...

forum topic - azka - 2008-12-04 03:30 - 0 comments

U.S. Treasury Secretary Henry Paulson's announcement that the Treasury would no longer consider using TARP ... spine today. When you add bad news from Applied Materials and Best Buy and a sub-$300 share price for Google (GOOG) on top of that, you have the ...

forum topic - azka - 2008-12-04 03:31 - 0 comments

... EURUSD below 1.23 but it has not occurred. Economic data out of Europe does not yet denote the drastic weakness we see in the US. The ... opportunities but would likely sell EURUSD below 1.24 and buy EURUSD above 1.31, with approx. 100p SL points and 300p TP. Current ...

forum topic - azka - 2008-12-08 00:13 - 0 comments

... company that releases data for the Federation of Logistics and Purchasing. The figure was in line with the median appraisal in a Bloomberg ... economic recovery has yet to put a stop to deflation. Stocks across the region rallied on optimism about the global recovery. The ...

forum topic - azka - 2010-04-01 03:24 - 0 comments

... against Greenback yesterday. The pair bottomed at 1.4830 and closed at 1.4853. From a longer term of view the pair is now targeting ... upside presssures. GBPUSD Daily Supports and Resistances: * S1= 1.4628 * S2= 1.4403 * S3= 1.3976 * R1= 1.5280 ...

forum topic - azka - 2008-12-04 03:28 - 0 comments