Again, using the Ichimoku overlay on the Hourly chart we see the following. Tenkan-Sen crossing over the Kijun-Sen nicely from above, the first indicator of a downward trend. Tenkan-Sen continues then in a steep flow downward, increasing the chances of trend. The Senkou Span “A” is well below Senkou Span “B”, reinforcing the downward trend. Thick [...] Read more »
GBP/USD: Technical Analysis
I've decided to use the Ichimoku Kinko Hyo overlay on today's chart a) because I'd like to keep these articles varied and interesting, b) it's an "at a glance" reading by definition (or at least by translation) and c) because I thoroughly enjoy debating with my spell checker lol! Read more »
Aud/Usd Technical Analysis
Up until 10:00pm on the 27th it's been a sell market and then turned around on the 28th/29th to show a bullish transition. Starting at 17:00 GMT on the 29th, it's bounced and is hovering between upper and middle BB. Read more »
USD/CHF: Technical Analysis May 4th 2010
Oh what to do with a long weekend when trading is either slow or nonexistent. I know! Study the movement of pairs... and so today's offering is USD/CHF Read more »
EUR/USD: Technical Analysis
After looking at the past 10 day and 10 hourly performance charts of this pair over the May bank holiday weekend, it shows a: * 64.33% probability of going long for the investment traders and * 67.06% probability for the day trader going short Read more »
Trade Idea Eur/Gbp
EURGBP was in quite a downtrend last week and I rode it down short, taking profits along the way. It has now retraced 50% of that move and resumed its prior downtrend. I propose taking a short position when it retraces and touches the trendline. Read more »
Active ETFs Beat Money Market Rates
While money market rates are considerably low right now, many investors are turning to ETFs and other short-term bonds. Many conservative ETFs and bonds are actually beating money market rates currently. Read more »
Slow and Steady
Although the Chinese government is insisting that outside sources will not influence how they evaluate the worth of the yuan many signs point to a rise in the yuan, although a slow and controlled rise. Read more »
How China Could Use Currency As A Weapon
China’s currency policy is pretty far down the list of priorities for the U.S. Treasury staff. But it could be the turning point in this economic crisis — and for the worse. Read more »
Fools Gold
Economists are saying the recession is over. Job losses in the United States have stopped. The US has had the strongest GDP growth in six years. The major emerging markets: China, Brazil and India are posting strong growth. Read more »
