US Market Update – 2/15/10
US Market Update***Economic Data***
- (CL) Chile Jan Copper Exports: $3.4B v $3.2B prior
- (RU) Russia Jan Industrial Production M/M: -20.4% v -14.3%e; Y/Y: % v 5.5%e
- (PD) Poland Jan CPI M/M: 0.5% v 0.5%; Y/Y: 3.6% v 3.5%e
- (PD) Poland J
Daily Technical Update USD/CAD Stalking Wave C
The USD/CAD paused at 1.05 last week and showed some signs of reversal. However, at the end of the day on Friday, the market rejected any rally attempts. It appears that maybe it is not done with the retracement cycle OR the week is starting with
Elliott Wave Charting: Usd/Cad Searching for Support
Usd/Cad may reach the 1.0400-1.0450 region before a correction may be completed.
Million Dollar Traders : “Joining the Dots”
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What are most people actually looking for in a forex trading guide, so that it can help them achieve their dreams of making millions from forex trading? I would say that a good forex trading guide would have consist of forex trading basics, forex
AUD/USD Outlook – February 15-19
The Aussie finally enjoyed a good week and made some gains. The upcoming week contains lots of important speeches that will shape the direction of the Aussie. Here’s an outlook for this week’s 7 Australian events and and updated technical analysi
USD/CAD Outlook – February 15-19
In the past week, the loonie gained nice ground against the greenback. The upcoming week provides many important indicators. Here’s an outlook for the Canadian events and an updated technical analysis for USD/CAD.
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Bank rates
This chart shows the worth of the U.S. dollar compared with other world currencies as of Wednesday.
COT Report
This was a week when speculators of both categories swarmed to the long side of the dollar and short something else. This week the total long USD position was up 134,913 contracts, up from the previous weeks 44,858 contracts.
FXTimes: Weekly Technical Update 2.12.2010
Greece’s debt concerns continue to hurt the Euro. General risk aversion was amplified by further policy’s by China in its recent attempt to ease its economic boom and stem inflation. The risk aversion boosted the USD, and JPY, but hurt commodity
Chart of the Day - 2/12/2010 – EUR/USD
Price action on EUR/USD, a daily chart of which is shown, has continued its steeply-angled bearish trend after making yet another bullish correction/consolidation earlier in the week. This minor bullish correction, in the rough form of yet anothe


