Filed Under (Forex technical) by on 30-09-2008
The euro and pound pairs are building momentum; but most of the crosses are already well on their way (and present unattractive risk/reward) or there is little fundamental impetus to keep the market moving should their be another shift in the financial crisis. Looking for clear technicals and fundamentals, the…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
The EURUSD (and the USD in general) is at a crossroads. The advance from 1.3877 is in 3 waves to this point (corrective) and the drop below the short term support line favors bears. Still, it is likely that everything from 1.3877 is corrective and that the drop from near…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
Euro dives sharply in early US session as markets get more bad news from European financial sector. France and Belgium are believed to be leading a state-backed rescue of the world’s largest lender to local government, Dexia SA. Belgian Prim Minister Leterme said that Dexia will receive $9.2b to shore…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
World investors are deeply concerned with the widening of financial crisis after the unexpected rejection of US $700b bailout plan sent DOW to a historical fall yesterday. Asian and European stock markets open sharply lower today. Though, follow through selling is not apparent and the markets recover mildly instead. Yen…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
Filed Under (Forex technical) by on 30-09-2008
After having rallied on only two of the last nine weeks, the Euro may be ready for a week long bounce against the Swiss Franc. As one may see from the chart provided below, EURCHF has been oscillating in a clean descending triangle over the last 11 months. The pair…
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
The GBPJPY has held within a broad range between 184.00 and 197.50 throughout September, and may offer profitable opportunities for forex traders. The pair touched an intraday high of 197.42 on 9/24, and has come under considerable selling pressures to hold near the lower-end of the range.
Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back
Filed Under (Forex technical) by on 30-09-2008
Forex trading: Choosing the right brokerThe Punch, Nigeria - 36 minutes agoBy Ose Ebhohimen Selecting a broker that you can entrust with your trading funds is a crucial aspect of a successful forex investment. …
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Original post by http://www.forex-registry.com/forex-articles and software by Elliott Back