TEN Exclusive: EURUSD – Triggers Corrective Recovery, Eyes T
EURUSD – EUR having decisively broken and held above its Mar 03’10 high at 1.3735 has cleared the way for a move higher towards the 1.3787 level, its Feb 17’10 high. A clean penetration and negation of that level will leave the pair targeting its
Asian Market Update – 3/15/10
- China: China’s Premier Wen, in his closing comments at the National People’s Congress, said various risks to the global economy, including unemployment in major economies and sovereign debt concerns, could cause setbacks in the global economic
Markets Misbehave. Certainty is fantasy!
How many times have you heard this little piece of inanity uttered: "Markets hate uncertainty."? I heard it said on Friday as I was "passing through" one of the TV "financial" shows on my way to the Home and Garden Chann
Chart of the Day - 3/15/2010 – GBP/USD
Bearish price action on GBP/USD, a daily chart of which is shown, as of Monday (3/15/2010) morning New York session, has erased much of the gains that the pair made late last week. On Friday after having reached 1.5200 resistance, which represent
EUR/USD Outlook – March 15-19
EUR/USD made some gains, enjoying greenback weakness. The upcoming week contains 7 events that will move the Euro. Here’s an outlook for these events and an updated technical analysis for EUR/USD.
Forex Outlook for the week of March 15, 2010
A complete look at the week ahead in Forex trading including a review of the main currency, equity and commodity futures that will effect trading.
Eur/Usd Upward Correction
The pair moved higher recently, and price action suggests at least one more push higher towards the 1.3800-50 area, before a larger down-trend can be seen.
The possibility of good entry @ GU
Now it seems to me a good entry point to test the possibility of the uptrend continuation, as the risk ratio is profitable. Buy orders can be opened with stops below 1.492 and targets above 1.522, as shown at 15min chart.
Why Dollar Bulls Shrugged Off Retail Sales
Based upon the price action in the financial markets on Friday, the U.S. retail sales report failed to impress traders and investors. There was no ambiguity in the strength of the consumer spending report yet equities and bonds ended the day virt
AUD/USD Outlook – March 15-19
The Aussie reached higher ground this week. The upcoming week consists of the meeting minutes of the last rate decision and a few more events. Here’s an outlook for Australian events, and an updated technical analysis for AUD/USD.
Evening forex signals 50 pips daily
Evening Signals - Monday, 15 Mar -2010 10:45 AMEUR/USD
Trend: Downward
Sell EUR/USD at 1.3712 SL 1.3752 TP 1.3682
GBP/USD
Trend: Downward
Sell GBP/USD at 1.5029 SL 1.5069 TP 1.5000
Consumer Confidence In Japan Rose For The Second Straight
Consumer confidence in Japan rose for the second straight month in February as deteriorations in the labor market eased and unemployment declined to the lowest in 10 months, while wages began to incline.


