Monday volatility - 03-26-12
We have Bernanke speaking at 8:00am EST and the markets are extremely volatile at the moment.
Japanese Yen Pulls Back on Higher Risk Appetite
Japanese yen is pulling back in forex trading today, heading lower as risk appetite improves. Yen is lower against other majors today as optimism about the global economy, as well as improvement in Europe, boosts high beta currencies.
Sterling Trend Lacks True Conviction but Bullish Path Beckon
Late last year, the U.K. government exercised their veto rights and challenged a proposal that requires tighter fiscal integration among the E.U.’s member states unless specific safeguards were provided for the U.K.’s financial sector. Of course,
Gold Now Back To Bullish Mode; Lets BUY Some!
We see a very clean bullish pattern on gold. Notice that from 2011 highs decline has unfolded in three waves, followed by bullish impulsive reversal through falling trend line. Well, once wave (1) found the peak, the price reversed lower as expec
EUR: Boosting Euro-zone Firewalls and the Worry Behind Spain
Today's session saw the EUR rallying, but that move may had more to do with USD weakness that EUR strength. This week brings a key development as European leaders are set to increase the total funding capacity of their bailout funds. Also, we bre
What is the Existing Home Sales Report Index
Existing Home Sales Report Index measures the number of closed sales on existing homes. A Leading economic indicator, learn more about Existing Home Sales.
Comdoll Trading Kit (March 26-30, 2012): Market Preview
Good day! After watching the Hunger Games with my niece earlier today, I'm back just in time to give you my Comdoll Trading Kit. Will the odds be in the comdolls' favor this week?
AUD/USD Trades Near Key Resistance Cluster Around 1.0550
The AUD/USD has been sliding since establishing a 2012 high so far near 1.0850. After finding support at about 1.0335, the market has been in a bullish correction and is now at a key resistance cluster around 1.0550. Looking at the 4H chart, we c
Has Bernanke Opened the door again on QE3?
Bernanke gave a speech today titled: “Recent Developments in the Labor Market”; he referred to the current situation in the labor market and stated “despite the recent improvement, the job market remains far from normal”; this speech rekindled th
AUDUSD: More Resistance Ahead
Rebounding by nearly 2% in the last two sessions, the Australian dollar has gained to trade at 1.0520 against the US dollar at the start of the Asian trading day. However, the currency spot rate’s run may be coming to an end given the looming re
INTRADAY NIFTY TIPS TODAY|FREE EQUITY TIPS TODAY | STOCK Cal
MPHASIS buy above 432 for the target of 438 with the stop loss of 425.SESA GOA buy above 91 for the target of 195 with the stop loss of 187.
Pound to US Dollar Gains on Bernanke Caution
The UK pound and euro have both wrenched a cent from the US dollar overnight, as Fed Chairman Ben Bernanke pours cold water on hopes of a swift US recovery.


