The 4H GBP/JPY chart shows a market that made two lows one at 116.83 in September and another at 116.97 in October. The market then rallied above the 120.60 pivot, forming a double bottom.Note that the RSI reading in this time-frame rose above 70, reflecting bullish momentum in the medium Read More GBP JPY Attempting [...]
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Risk assets crumbled in the past week, with major stock and commodity indices putting in some of their worst weekly performances since late 2008. Greek debt/default headlines continue to dominate market attention, but the underlying cause of the market slump remains the deteriorating global growth outlook. In particular, the Fed’s Read More Risk Goes off [...]
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Much like the movie stars in Hollywood, the glamour within the world of internet marketing has created an allure that calls out to both aspiring entrepreneurs and to those who simply have a burning desire to better their quality of lives. There are literally thousands of reasons why these unsuspecting, yet determined individuals set out [...]
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Very easily, Six Sigma is your best bet for maximizing return on investment, more so in troubled economic times. However, the success of implementation depends much on its achieved degree of alignment with the problems. Ifs and buts not withstanding, there are stories to support both sides of the issue. First let’s consider the negative [...]
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Forex futures and options data shows that US Dollar sentiment has improved materially in the past several weeks of trade, and continued rallies seem likely. Yet the pace of USD recovery may slow as futures positioning shows traders have significantly scaled back their previous short positions. Read More Forex Futures and Options Confirm US Dollar [...]
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Read More USDJPY Long Term Bottom in Place
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Read More USDCAD Bears Eye Range Bottom Near Parity
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As a person ages, skin care takes on a whole new design. Now, we’re suddenly concerned about fighting wrinkles, fine lines and crows feet, among others. Skin starts to lose the elasticity it once had. The inner layer of skin starts to thin, and fat cells underneath the skin begin to diminish. Wounds are slower [...]
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The dollar rose on Friday, supported by a Spanish credit-rating downgrade and increasing tensions on the Korean peninsula. US stocks, commodities and interest rates fell. Mixed US economic data added to the anxiety about the pace of the economic recovery. The S&P 500 fell 13.65 to 1,089.41 ahead of the Read More EUR USD Trying [...]
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As markets remain focused on the situation in Europe, the U.S. economy continues to quietly chug along. The BEA’s second estimate of first quarter real GDP growth was released this week, and despite falling below expectations, the economy still advanced at a decent 3% Q/Q annualized clip. And looking ahead Read More The Weekly Bottom [...]
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