Archive for February 6th, 2010

Forex Weekly Trading Forecast - 02.08.10

Saturday, February 6th, 2010

US Dollar Extends its Run but How Long will Risk Aversion Hold?
Euro on the Ropes as Greece Debt Crisis Grows Contagious
Japanese Yen to Decline if Risk Recovery Lifts Carry Trades
British Pound May Remain Under Pressure As Yield Outlook Diminishes
Swiss Franc Forecast Dims on Persistent SNB Intervention
Canadian Dollar Maintains Channel Formation, May Test 200-Day SMA
Australian Dollar to Rebound if Stock Markets Correct Higher
New Zealand Dollar Suffers a Potentially Fatal Blow on Risk Collapse
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US Market Update: Dow -185 S&P -21.8 NASDAQ -41.5

Saturday, February 6th, 2010

Things are falling apart this morning as investors flee all asset classes for safety in Treasuries, the dollar and the Japanese Yen. Shanghai and Tokyo closed in the red, while leading indices in both Europe and US are dropping sharply. Concerns over the …
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European Market Update: Global equity markets appears to reprice the whole global economic recovery prospects with deepening concerns over the widening credit spreads

Saturday, February 6th, 2010

Following a brief foray into positive territory, European markets have turned decisively negative. Negative trading followed a broadly lower Asian session that saw the Nikkei retreat under pressure from Toyota [TM] and the Hang Seng fall as investors part…
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Futures Technical’s

Saturday, February 6th, 2010

SP 500 Futures: Yesterday was quite low volume down day with a narrow range compared to previous days. This normally signals lack of selling pressure. The only problem is that the close should have been on the low part of the daily range for this to be …
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