Filed Under (Forex technical) by on 31-07-2008
I am staying long the USDCAD in anticipation of the break above 1.0378 and expected test of 1.05 and possibly 1.08. Near term support is at 1.0174. I have thought about adding to this trade through other CAD crosses (long GBPCAD, EURCAD for example) but a longer term USD rally…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 31-07-2008
Pakistan's forex reserves fall to $10.487 blnReuters India, India - 15 minutes agoKARACHI, July 31 (Reuters) – Pakistan's foreign reserves fell $241 million to $10.487 billion in the week that ended on July 26 due to outgoings for import …
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Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 31-07-2008
Filed Under (Forex technical) by on 31-07-2008
Filed Under (Forex technical) by on 31-07-2008
Filed Under (Forex technical) by on 31-07-2008
Filed Under (Forex technical) by on 31-07-2008
Filed Under (Forex technical) by on 31-07-2008
There are still 2 counts that we are following (both treat the decline from 1.6039 as wave C that will not end until below 1.5283). The first is that wave 3 of C is underway from 1.5768. If correct, price will remain below there. The other count is that wave…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 31-07-2008
Dollar retreats further against most major currencies in early US session Q2 GDP missed expectation and grew at 1.9% annualized rate. GDP price index was rose much less than expected at 1.1%. Personal consumption grew 1.5% while PCE core was also below expecting, growing 2.1%. Jobless claims released today surged…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 31-07-2008