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forum topic - azka - 2009-03-16 04:49 - 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 ... another try on the downside may be in store! The pound had a good start of the week also, after GBP/USD dropped down to 1.35, ...

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 ... cut rates in line with expectations by 50 basis points to a nearly 2-year low of 3.25 percent. As usual, comments by ECB President ...

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

... 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. ... the next meeting we may see another 150 pbs. The pound has fallen to new records against the euro and new multi year lows ...

forum topic - azka - 2008-12-04 03:30 - 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! ... are exiting all other currencies, especially the euro and pound. The pound has plunged since Monday after a short term rally pushed ...

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

... for EURUSD this week is 1.2400-1.3100. The EURUSD rally following the ECB cut can be understood as a relief rally, much like 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

... since yesterdays FOMC Mobile News Alert announcements and hasn’t stopped to breath. The pair broke important 1.35 very easily and ... few weeks… As a last note, do not let the euro and pound rally misguide you into thinking that all of a sudden Euro zone and UK ...

forum topic - azka - 2009-03-20 02:08 - 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 ... early today in Asian session the pair was corrected to the upside, traded around 1.4920 at the time I wrote this comment. My model ...

forum topic - azka - 2008-12-04 03:28 - 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 easing to come, markets continued their fall with DOW JONES down almost 400 points and ...

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

... 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 probably owes a lot to some healthy herd mentality ...

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

... up at a quicker rate in March, rewarding an economical rally in the awaken of a record enlargement of accredit that today runs a risk ... company that releases data for the Federation of Logistics and Purchasing. The figure was in line with the median appraisal in a Bloomberg ...

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

This week, it’s New Zealand turn to slash interest rates, Canada will show a decline in GDP, and the German Ifo Business Climate will dominate European news. The ... the Advance GDP on Friday.Also Home Sales information will be in the limelight in America. Monday, January 26th, the British ...

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

... 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 ...

forum topic - azka - 2009-01-21 23:31 - 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 ... situation here to stay? Will dollar continue its recent rally throughout 2009? Let’s think things through before we go buying the ...

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

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 stocks conducting ...

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