EUR/USD Weekly Outlook and Trading Idea

Trading 12 fév 2012 Commentaire »
EUR rose ot 1.3320 last week only to touch the 100-day moving average and pulled back. The fact that the prices remain below the declining 100-day moving average is a sign that the weak downtrend on the daily chart is still intact. And since the market is overbought, the trending conditions do favor a short position here. On the other hand, our wave coung suggests a rally twd 1.3520/1.

GBP/USD Weekly Outlook and Trading Idea

Trading 12 fév 2012 Commentaire »
Honestly I am suprised how well GBP has followed our main scenario here. The confidence in the presented wave structure is still extremely low, but so far the pair follows it, so we have to continue to follow it. With that in mind, one can favor the short side here as our analysis suggests weakness twd 1.5260.

USD/JPY Weekly Outlook and Trading Idea

Trading 12 fév 2012 Commentaire »
EUR rose ot 1.3320 last week only to touch the 100-day moving average and pulled back. The fact that the prices remain below the declining 100-day moving average is a sign that the weak downtrend on the daily chart is still intact. And since the market is overbought, the trending conditions do favor a short position here. On the other hand, our wave coung suggests a rally twd 1.3520/1.

EURUSD: Broader Bias Points To The Upside, Risk Points To The 1.3322 Level

Trading 12 fév 2012 Commentaire »
We continue to maintain our upside bias on EUR as it looks to strengthen further nearer term. It closed higher the past after testing a high of 1.3322 level.

Autochartist – Weekly Forex Update: EUR/JPY

Trading 12 fév 2012 Commentaire »
EUR/JPY continues to decline inside extended and well-formed Rising Wedge chart pattern identified by Autochartist on the 4-hour charts. The length of this chart pattern is equal to 112 candles. The overall Quality of this chart pattern is measured at the 6 bar level as a result of the low Initial T...

EUR/USD Forex Forecast Weekly Review 12 Feb 12

Trading 12 fév 2012 Commentaire »
Simultaneous Release at TheGeekKnows.com  Learn Forex Trading and read exclusive EUR/USD Reviews. Good day forex traders. In the previous EUR/USD forex forecast we noted that the 1.32 region continued to put up a tough resistance. While the SMA 20 was bullish, we had yet to see any indications from the SMA 50. The Greek budget deficit crisis continued to [.

Récapitulatif de la revue hebdomadaire d’OpenBook

Trading 12 fév 2012 Commentaire »
(eToro Blog) Cette semaine nous avons décidé de jeter un œil sur un trader qui est revenu sur OpenBook après une longue interruption Le trader brésilien negociosrc a recommencer à spéculer au début de cette année et a enregistré un bénéfice de 43% pour la semaine, et un bénéfice de plus de 2100% par mois. [...]

BMW delays reporting defects, in return the firm gets $3.0 million fine

Trading 12 fév 2012 Commentaire »
BMW AG, the German Bayerische Motoren Werke and the world's largest premium automaker, was fined by the U.S. National Highway Traffic Safety Administration with $3 million civil penally as the firm postponed reporting auto-safty defects and recalling of about 338,700 cars in 2010.This is the second .

Fundamental Major Currencies (2009-09-15)

Trading 12 fév 2012 Commentaire »
The worst case scenario will be if the actual reading declined below 0.0% the prior reading, confirming the decrease of demand levels on products and services affected by increasing unemployment rates in UK which reached to its highest levels in 14 years, which will lead to increasing fears and pessimism that the economy might be heading towards deflation.