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Daily Forex Outlook – US Stock Losses Extend For Third Day

posted by Avatar topequitynews 852 days ago in Technical made popular 850 days ago

U.S. Dollar Trading (USD) stocks slumped in the US session as the market continued to react to Obama’s Bank reform plans and uncertainty over Bernanke’s confirmation added more worries for the market. The Dollar was mixed with safe haven strength read more
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TEN Exclusive: Options Update – 1/24/10

posted by Avatar topequitynews 853 days ago in Technical made popular 853 days ago

What was that? Ouch! The Dow just had its worst week in nearly a year and managed to wipe out all of its 2010 gains over a few sessions. Earning reports weren’t overly bad but appeared to be priced in beforehand, the Chinese are looking to rei read more
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USDJPY: Further Weakness Points to the 88.30 Level

posted by Avatar topequitynews 853 days ago in USD, JPY, Technical made popular 853 days ago

USDJPY – With a third consecutive week of downside weakness seeing USDJPY breaking through the 90.59/23 levels (Dec 21’09/Jan 15’10 lows) to close lo read more
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TEN Exclusive: Options Update – 1/20/10

posted by Avatar topequitynews 855 days ago in Technical made popular 850 days ago

We remain in a trading range as we try to maneuver through earnings season. Fortunately the key 1130 support level on the SPX that we have been writing about for the past 45-days, held up all day today. The market also managed to bounce off of read more
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New Bank Reform Leads to Increased Market Volatility

posted by Avatar topequitynews 855 days ago in USD, Technical, Daily made popular 855 days ago

Equity Indexes lose ground in Europe, while stock futures in the US point to a lower open. Financial Markets were roiled by a surprising announcement from President Obama looking to limit bank size and restrict risk taking practices within US ban read more
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EURUSD: Rejection Candle to Trigger Corrective Recovery

posted by Avatar topequitynews 855 days ago in USD, EUR, Technical made popular 855 days ago

EURUSD – With a 1.4028 test generating a reversal candle on Thursday following the pair’s break down through the 1.4216 level, its Dec 22’09 low on Wednesday, EUR is now shaping up for corrective recovery. read more