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Why oil could hit $180 a barrel

posted by Avatar PrettyUgly 1432 days ago in USD, Special, Oil

Just when crude is becoming more costly to extract and process, producers in three key countries are short of cash. And without that money, recent finds won't do much good.  read more
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Why we're stuck with insane prices

posted by Avatar PrettyUgly 1432 days ago in USD, Inflation

Forget supply and demand. We're now seeing scarcity economics at work -- what happens when buyers fear they won't get what they need at any price.  read more
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Why higher prices are here to stay

posted by Avatar PrettyUgly 1432 days ago in USD, Fundamental, Special

Even if crude oil and crop prices come back down to earth, you won't pay less for gas or groceries. And investors won't make out like bandits while consumers suffer.  read more
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Why the US economy feels so shaky

posted by Avatar PrettyUgly 1432 days ago in USD, Fundamental, Special

Changes to the US economy over the past four decades have left Americans richer but less secure. A new book explains why anxiety is rising along with incomes.  read more
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US Treasury envoy welcomes China fuel, yuan moves

posted by Avatar halfwatertest 1432 days ago in CHF

The U.S. Treasury's main negotiator with China Tuesday said he welcomes the yuan's recent acceleration in value and Beijing's decision last week to raise fuel prices, adding that U.S. officials are urging more market-driven reforms in these areas  read more
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EUR/USD - The range continues. What of the GBP/USD

posted by Avatar wiredprg 1432 days ago in Weekly

    Last week I wrote about important levels on the EUR/USD. Not so much about the direction it would go but what the likely targets...  read more
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EUR/USD at critical level

posted by Avatar wiredprg 1432 days ago in Weekly

This week I maintain the focus on the EUR/USD as we are witnessing a very important level being approached as well as an ever increasing amount of ...  read more
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EUR/USD - Range Trade Opportunity - Take II

posted by Avatar wiredprg 1432 days ago in Weekly

I think it's worth spending a little more time on the EUR/USD this week as last week I discussed how the best opportunity on the EUR/USD would be t...  read more
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FX Weekly for April 7, 2008

posted by Avatar wiredprg 1432 days ago in Weekly

Optimism for a dollar rebound that pervaded the currency market at the start of the year is fading. Futures traders doubled  read more
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How to trade the GBP/USD next week and month

posted by Avatar wiredprg 1432 days ago in Weekly

Hi Folks.It’s good to be writing this report again after a 3 month absence. I will be changing the format a little to primarily focus on technical patterns and trade opportunities rather than the fundamentals.  read more
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EUR/USD – Teetering on a Top?

posted by Avatar wiredprg 1432 days ago in Weekly

Last week, I wrote about a forming triangle and to look for a bottom in the GBP/USD that should/would provide a good risk-reward trade. Such a trade did materialize for over 200 pips (so far). My target on the GBP/USD is 2.01. Note that any mov...  read more
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How Low Will the EUR/USD Now Go?

posted by Avatar wiredprg 1432 days ago in Weekly

Last week I focused on the forming Ending Diagonal on the EUR/USD and suggested that if the pattern was correct, there would be no subtlety in the move down once the top was in place. Indeed the assessment was correct and subsequently the pair ...  read more