EURUSD The dominant technical event for the Euro is still that it reversed the course of its monthly trend in November to bearish against the Greenback in sympathy with higher U.S. long-term rates. It is still however above a confluence of support between the 3-month low at approx 130.00 and the 50% retracement of the [...] [...more]
Daily Forex Report for 12/28/10 Click the link below to view Jay’s Daily Forex Report for 12/28 where he covers the major currencies and the U.S. stock market. http://bcove.me/it8lac69 Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...] [...more]
Daily Forex Report for 12/22/10 Click the link below to view Jay’s Daily Forex Report for 12/22 where he covers the major currencies and the U.S. stock market. http://bcove.me/af5hkx3u Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...] [...more]
Daily Forex Report for 12/21/10 Click the link below to view Jay’s Daily Forex Report for 12/21 where he covers the major currencies and the U.S. stock market. http://bcove.me/943von8v Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...] [...more]
Daily Forex Report for 12/15/10 Click the link below to view Jay’s Daily Forex Report for 12/15 where he covers the major currencies and the U.S. stock market. http://bcove.me/09vtxyxq Teresa Bell www.trading-u.com DISCLAIMER: Forex (off-exchange foreign currency futures and options or FX) trading involves substantial risk of loss and is not suitable for every investor. Risks include the potential that [...] [...more]
A picture is worth a 1,000 words. This picture of the USDJPY Daily chart shows a market at a very important crossroad which could have a major impact on currency markets and the global economy, because it would show that the very powerful Japanese investment class is deploying money overseas again. Jay Norris is the Chief Market Strategist at Clovernest Financial Group [...] [...more]
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