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USD/CAD Trades at Declining Channel Resistance – FXStreet.com

The USD/CAD has been persistently bearish as seen in the 4H chart trading in a declining channel. The RSI has been held under 60 and has been able to tag 30, reflecting the continuous bearish momentum. As we gear up for the 2/7 US trading …

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February 7, 2012
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DAVID GROHL, Foo Fighters Frontman to Produce FX Comedy, Rockstar Ego Therapy! – astrochicks

He’s set to Executive Produce an FX show about a rock band in crisis … With Pluto transiting his chart, he’s going through many creative changes and wants to expand his horizons. He recently started shooting a documentary and it’s …

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February 7, 2012
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Forex – Chart USD/SGD Update: Staging rebound – FXStreet.com

Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …

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Bond Yields (And Their Relationship to FX) – DailyFx

The below chart shows how powerful interest rates can be to a currency. The chart below is the AUD/USD chart from 2009 when Australia had one of the highest interest rates of modern economies. As price continued to climb we have further evidence …

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February 6, 2012
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OpenBook Traders Remain Bullish on Wall Street Despite Greek Concerns

(eToro Blog) Wall Street was faced with a struggle today Greece cast a shadow of gloom over the U.S. session. Markets retreated today with the Dow down 41 points, the Nasdaq down 8 points and the S&P 500 down 3 points at the time of writing this re…

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February 6, 2012
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Trading the Reserve Bank of Australia Interest Rate Decision

(eToro Blog) The Reserve Bank of Australia is scheduled to announce its interest rate decision at 3:30 am London time on February 7th. Analysts are forecasting that the RBA will cut rates by 25 basis points. Australia has been one of the best performin…

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Bullish Traders Speculate that Greek Government will Capitulate

(eToro Blog) With only hours left for the Greek government to accept the latest conditions to secure the second €130 billion bailout loan, the Euro is under heavy pressure. Last week’s rally is nothing but a distant memory, and the Euro-Dollar is c…

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US Dollar Recovers as S&P 500 Chart Setup Warns of Weakness Ahead – DailyFx

The first layer of significant support lines up at 1305.40. Daily Chart – Created Using FXCM Marketscope 2.0 CRUDE OIL – Prices recovered from resistance-turned-supportat top of a falling channel set from mid-November to retest the broken …

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February 6, 2012
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Strong Employment Figures and Other Economic Fantasies

Economists are expecting employment numbers to gain again in January, after 200,000 jobs were added to the U.S. economy in December, according to a Bloomberg survey. Analysts on average expected 140,000 jobs to be added to the economy, despite disappoi…

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Forex – Chart AUD/JPY Update: Focus shifting higher – FXStreet.com

Copyright and other intellectual property rights in the material in this report belong to FXMarketAlerts, 4Cast Limited, 4Cast Inc and/or Forecast pte (“4Cast”). The material shall not, under any circumstances, be reproduced or distributed in …

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