Forex Crunch Cable: It’s just a corrective pull-back- Elliott Wave

Forex Crunch Cable: It’s just a corrective pull-back- Elliott Wave


Cable: It’s just a corrective pull-back- Elliott Wave

Posted: 15 Feb 2011 05:11 AM PST

Cable is in uptrend for a few weeks now, and a recent decline does not signal for any change in trend. In fact, a personality of a current fall from 1.6275 is clearly corrective; slow and choppy waves, which means that larger uptrend is incomplete. As such, on the 4h chart a recent decline is

EUR/USD Feb. 15 – Will it Hold On This Time?

Posted: 14 Feb 2011 09:43 PM PST

EUR/USD bounced off the low and stubborn resistance line and managed to return back up to the previous range. This day is very busy all over the world. Where will it go from here?  Here's a quick update on technicals, fundamentals and community trends. EUR/USD Technicals Asian session:  Recovered and climbed back above 1.35. Current

Forex Daily Outlook – February 15 2011

Posted: 14 Feb 2011 02:00 PM PST

Important events await us today with US Retail Sales and TIC Long-Term Purchases, German and Euro-Zone ZEW Economic Sentiment and many more .Let’s see what awaits us today. In the US, Retail Sales, total value of sales at the retail level is about to reduce by 0.1%, while the Core Retail Sales is about to

AUD/USD Feb.15–Aussie Starts Week Higher against US Dollar

Posted: 14 Feb 2011 12:16 PM PST

The Aussie got off to a good start against the US Dollar at the week’s start following better-than-expected Australian Home Loans data. The Aussie was trading at 1.0030, up 0.09% at the time of this writing. Here's a quick update on technicals, fundamentals and community trends.  AUD/USD Technicals Previous sessions: The started the week slightly

Money in Motion Currency Trading Sponsored by FXCM

Posted: 14 Feb 2011 09:02 AM PST

CNBC is airing a new show, solely dedicated to forex trading. The new show, starting on February 25th, will be sponsored by US forex broker FXCM, that puts its foot in the mainstream media. The show on Friday’s will likely summarize the week, as it’s aired in the US afternoon. But Money in Motion will

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