... We've seen during the past few months that the higher the VIX goes, the more investors tend to flock to the relative safety of the U.S. dollar (USD) and the ...

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

Price action on the USD/JPY (a daily chart of which is shown) has just made a precise double-test ... all the way down to this level, was summarily rejected, and then ended up closing around 89.50. Thursday’s bar, as of the morning, is ... above the 87.00 support. The obvious event to watch for is any major break below 87.00, which would put the pair in essentially ...

forum topic - azka - 2009-01-23 10:49 - 0 comments

GBP/USD – Price action within the last three months on the key GBP/USD pair (a ... accompanying chart, we can see from left to right that a rising parallel channel was broken to the downside in late September; then a ... another triangle was then broken down in mid-November; and we now find price having just tentatively broken down below a rising wedge ...

forum topic - azka - 2008-12-04 03:34 - 0 comments

The ruthless financial markets will sniff for blood when Geithner finally announces the key details of the banking rescue ... du Plessis argues that the Fed will accept a collapsing USD rather than a repeat of the great depression; Andy Sutton argues that fiat ...

forum topic - azka - 2009-03-23 15:30 - 0 comments

Forex Investors Welcome President Obama The U.S. dollar (USD) soared today as the world welcomed the 44th president of the United ... the U.S. economy, to improve government programs that work and to cut government programs that don't and to reach out to the rest of the ...

forum topic - azka - 2009-01-21 04:53 - 0 comments

... as a good support now, there may be further gains ahead! For now, 1.38-1.3860 is likely the targets for the coming hours! The ... levels of 1.35 and 1.43 respectively! One would say that investors cannot wait to get rid of their dollars, who they have bought in the ...

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

... to note however, that the downside action in EUR/USD was muted today despite the strong dollar (DXC) and weak S&P 500. In ... Add to this the fact that implied volatility (IV) values for the major pairs and EUR/USD are becoming rather expensive and it may ...

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

... was unavoidable! As long as the pair holds 1.30 for now, there might be further upside in the coming hours. A clear break of ... current accounts printing a really negative number, many investors are more wary of any good news. CBI retail sales also came out of the ...

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

... as the pair trades below the later level, it may be open for further loses towards 1.2750. The next level to watch is 1.2830 ahead of ... the bank's plan towards the current economic crisis. Investors in the UK as well as the US have lost their faith in their policies, ...

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

... Ben S. Bernanke, Treasury Secretary Timothy Geithner, and Sheila Bair, chairman of the Federal Deposit Insurance Corp. ... banks, reducing strain in the credit markets, the rising jobless rate, mortgage refinancing and the health assessment of banks, ... into economic growth, and jobs, and rising incomes for the American people.” More to Come Obama said he and his top ...

forum topic - azka - 2009-04-11 23:07 - 0 comments

... than a month of steeply bearish price action on the EUR/USD (a daily chart of which is shown), the week of January 26-30 is looking to be a pivotal period for this key currency pair. Will the pair continue its bearish trend, ...

forum topic - azka - 2009-01-25 19:44 - 0 comments

EUR-USD Corrective dips should ideally halt near 1.2884 or 1.2854 for one more thrust upwards towards 1.2915 - 1.2946 area or 1.3006 in ... below 1.2824 puts it back on a downward path. GBP-USD While below 1.4327 or 1.4419 it could fall towards below 1.4235 or 1.4068. ...

forum topic - azka - 2009-02-16 11:54 - 0 comments

Euro, British Pound and Swiss Franc All Dive Nearly 2% on Coordinated ECB, BOE, and SNB Rate Cuts ... ECB is now very dovish. Mr. Trichet said that the outlook for price stability has improved, though he could not rule out a sharp decline ... in the developed world - are concerned about the potential for deflation. Mr. Trichet also said that he would not exclude cutting rates ...

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

... Fung Group, a Hong Kong-based company that releases data for the Federation of Logistics and Purchasing. The figure was in line with the ... warned of uncertainties in an export recovery. “The rising PMI still needs further observation because the strong export recovery ...

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

... in today’s data which may determine the market outlook for now. After yesterdays 50 pbs cut from ECB and a hefty 150pbs from BOE and ... 400 points and NIKEI the same. Today the main event investors are anticipating is the payroll data and the forecast is for a ...

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