Aussie Reached Initial Target – Resting Before Next Move
AUD/USD continues it’s march upwards, breaking the 0.68 resistance line. It rose on the wave…
Browsing: Opinions
Has American Housing Reached the Bottom?
Housing Starts and Building Permits were better than expected in the US. The real estate…
Danger for Dollar After Obama Relates to Treasuries
President Barack Obama publicly addressed China’s deep concerns to America’s ability to pay its debt.…
AUD/USD In Narrowing Channel – Break is Close
The AUD/USD is trading between an uptrend support line and a downtrend resistance line, and…
Obama’s Stimulus Bad For Dollar, Good For Economy
The stimulus package delivered by Obama spills a lot of money into the US economy.…
EUR/GBP Broke Downtrend Resistance
EUR/GBP made a strong move upwards, and broke resistance on the daily chart. Terrible Manufacturing…
Forex Getting the Deserved Attention
In the Forex market, there’s always a currency that goes up. That’s why I like…
Bad British Banking News Risks the Pound
Lloyds TSB, the biggest mortgage bank in Britain, was nationalized this weekend by the British…
NFP Effect Roundup
Non Farm Payrolls were in line with the official expectations – a fall of 651K…
EUR/USD and USD/JPY Breakouts this Week?
Both the EUR/USD and the USD/JPY went in favor of the dollar last week, but…