The initial 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 an ...

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

EA Steinitz Download ...

forum topic - azka - 2009-01-28 14:29 - 0 comments

... 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 ... psychological level and also a good support. Better news out of UK boosts the pound immensely, sending the pair towards 1.42 early this ...

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

... is almost empty, with only important events being PPI out of UK in the morning and later a testimony by Trichet in front of the ... 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

... reasons to be bid across the board as a safe haven. Watch out for Obama’s speech later on in Chicago where he will meet economic ... 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

... 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

... 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 ... try further higher. What a week this is turning out to be, with markets still dropping in the aftermath of Obama's ...

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

... over 600.000 and Philly Fed Manufacturing Index coming out slightly better than expected but nothing worth reacting to! All market ... rally as we saw previously! Let’s see how this one plays out and if in the next days to follow, traders sell the dollar aggressively ...

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

... any continued bearishness with a potentially strong break below the 1.4550 region, which represents the recent 6-year low in the ... so in the event that price reaches and then goes on to break that level, the pair should likely carry considerable further momentum to ...

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

... 87.00 support. The obvious event to watch for is any major break below 87.00, which would put the pair in essentially unprecedented ... bottom reversal would only be confirmed on a substantial break above the swing high peak around 94.60. By James Chen ...

forum topic - azka - 2009-01-23 10:49 - 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 ... the next two days which we have plenty of economic data out of US and Europe and on Friday a conference in which both Trichet and ...

forum topic - azka - 2008-12-04 03:30 - 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 ... markets endured a brutal Monday. Manufacturing data out of China, the UK and US were much worse than anticipated. A shaken US ...

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

... for price stability has improved, though he could not rule out a sharp decline next year, suggesting that even they - previously one of ... and the Japanese yen, as high-yielding currencies fall out of favor while demand for low-yielders remains high. The commodity dollars ...

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

... a potential trend reversal. If this occurs with a further break above the significant 1.3300 level, the medium-term upside resistance ...

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

... nothing more than a blip on the radar screen. A decisive break below 1.2470 exposes 1.2374/50. By Dave Floyd Head of FX Research ...

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