Technical Factors

Mid-Week Forex Analysis

Written by JS T Alexander | 04 August 2010

Trend Following Reinforced & Update

Trending 6 majors Live YouTube URL: http://www.youtube.com/watch?v=QehKw5usTks

A follow-up analysis for the mid-week as made it all clear for the strengthening European Majors to maintain their higher levels with a few minor corrections along the way. The probability of getting a mix reports from the Jobless claims and the NFP may make the Forex market vulnerable, as the volatility index have increased.

Asia / Eur Opening Analysis

Written by Research | 19 July 2010

On the Technical Front & a Fundamental re-cap:

Stocks had sizeable gains heading into the end of the week as better-than-expected earnings from several corporate giants helped stimulate buying interest. But the major indices turned into the red after posting a deep 2.9% loss Friday. An earnings miss at Google and a sharp decrease in the University of Michigan Consumer Sentiment Index spurred the selling pressure.

Technical Outlook 622

Written by Research | 22 June 2010

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The sustainability of the forex majors such as the EURUSD and the GBPUSD to move forward higher has been at a slower pace since the volumes and volatility index have been diminishing to its low levels. As the market has been weighing the report on the Chinese Yuan value pegged vs. the US Dollar.

Trending the USDX

Written by JS T Alexander | 07 June 2010

The Jobs data last Friday was a significant disappointment to most of the surveyed analyst who called for a better numbers report. But in spite of that, the USDX as a measure for a basket of Foreign Currencies have managed to go higher closest to our target objective of 88.80.