Fibonacci and channel lines predict EURUSD movement during US hours.
Read more →Akan Datang. Purpose of the survey The purpose of the survey is to promptly gain an accurate grasp of region-by-region economic trends. By enlisting the cooperation of people holding jobs that enable them to observe activity closely related to regional economy, these survey results can be used
Read more →Well we got a number of big things last night: the Employment Situation for the US was out and then Oil reached nearly USD140 per barrel. It is fascinating that currency pairs prove that they abide by technical studies so closely. The USDJPY almost hit the 38.2% retracement
Read more →The results for the May 2008 German IFO Business Climate Survey was released yesterday. It is a hotly anticipated data to come out of Europe every month and of course part of the reason is the size of the German economy. It is considered a leading indicator
Read more →Last night we saw the NAHB Index published at 15 May 2008 1700 GMT or 16 May 2008 0100 local time. The NAHB index assess the market for new single-family home sales plus builder expectations for future trends (for the US). Basically it tracks the residential real
Read more →Interest rate decisions affect currencies in a big way. The Bank of England or BOE is the central bank of the United Kingdom. Its interest rates decisions naturally reflect the Sterling. On April 10, 2008, the BOE reduced the official Bank Rate to 5.0% from 5.25%. According
Read more →Weekly pivot of 99.60 may be an interesting level to watch as the 50-ma for the 15 min, 60 min and 240 min charts are now congested at around this region as well.
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