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British Pound, Euro and Swiss Franc All Dive Nearly 2%

... markets tumbled throughout the day, with the DJIA down 4.85 percent by the NY close, indicating that risk aversion remains alive and ...

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

January 20 market commentary and technical levels

GBPUSD Outlook The Sterling slumped against Greenback yesterday. GBPUSD bottomed at 1.4357 and closed at 1.4385. The minor bullish channel on hourly chart has been violated to the downside. The bias is bearish. It seems like the bullish correction is o ...

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

Euro range bound still, Sterling not as strong this week

... Current Environment As we anticipated, GBPUSD dropped 4.4% and gave most of the gains of the previous week. The biggest drop occurred ...

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

Republic of China Constructing Blows up at Quicker Tread as Asset Bubble Risks Addition

... spending and record lending of 9.59 trillion yuan ($1.4 trillion) last year. The first quarter result is due on April 15. Debate ... Today’s report showed that an index of output rose to 58.4 from 54.3 in February, new order index jumped to 58.1 from 53.7 and a new ...

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

November 13 market commentary and technical

GBPUSD Outlook The Sterling slumped 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 1.4607. However, early today in Asian session the pair was corrected to the upside, ...

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

EUR/USD - getting that uneasy feeling

While lower prices in the S&P 500 will certainly inflict more pain to the ‘long only’ equity crowd, it will continue to offer good insights on how to play the FX market as most major pairs are very correlated with the S&P 500 presently. ...

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

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Forextrik.net Privacy Policy At forextrik.net, we recognize that privacy of your personal information is important. Here is information on what types of personal information we receive and collect when you use and visit forextrik.net, and how w ...

page - azka - 2009-04-27 15:24 - 0 comments

FOREX Euro hits 1 month low vs dollar on ECB uncertainty

... since March 17, before recovering to $1.2994, down 0.4 percent on the day. "The euro is facing selling pressure because the ...

forum topic - azka - 2009-04-21 06:03 - 0 comments

Stock Buybacks are on the rise

A stock buyback is not the golden ticket to easy stock market profits but it does indicate a favorable attitude towards shareholders by company management and an ability to generate profits that can be used to buy back stock. A diversified portfolio of s ...

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

EUR USD Corrective dips to Day

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 extention. Fall below 1.2824 puts it back on a downward path. GBP-USD While below 1.4327 or 1.4419 it could f ...

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

Obama Sees ‘Glimmers of Hope’ of Improving Economy

... average rate on a U.S. 30-year fixed mortgage dropped to 4.73 percent in the week ended April 3, the lowest since 1971. Fed policymakers ... of existing homes rose 5.1 percent to an annual rate of 4.72 million in February amid lower prices. To be sure, the recession that ...

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

Dollar Correction or Something Deeper?

The EUR/USD is trading heavily since yesterdays FOMC Mobile News Alert announcements and hasn’t stopped to breath. The pair broke important 1.35 very easily and also 1.36. Now it is trading above 1.37 and it looks like 1.38 Mobile Price Alert is the ne ...

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

Recovery Optimism on Asian Markets Rise

On Wednesday the ISM manufacturing report climbed to 36.3, the third consecutive gain. The ISM report can be used as a good gauge for the upcoming GDP numbers. The positive reads over the last three months show that the economy improved during the first ...

forum topic - azka - 2009-04-02 09:07 - 0 comments

Bad Payroll Data

Independent Market Analyst With interest rate decisions now behind us, traders are focusing their attention 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 also Tr ...

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

Forex Weekly Analysis - January 26-30 2009

... will be published in the US, and is expected to stand at 4.4 million. Tuesday, January 27th, the BOJ will publish the Monetary Policy ...

forum topic - azka - 2009-01-25 19:28 - 0 comments