Check the next video, which is just one small piece of analysis that we shared with our subscribers in this past week. In this video you will find out “how and when”, “we or you can” become more confident into your analysis and forecasting in currency markets, which potentially can improve your success in trading. … “Eur/Usd vs. Eur/Jpy Elliot Wave Forecast Example (Video)”
Category: Opinions
Greek Troubles Not Priced In
The headlines around the credit downgrade of France and other European countries took over the news, and partially covered the breakdown of the Greek PSI talks. Yet this isn’t the only issue brewing in the Hellenic Republic. Is the cataclysmic fall coming soon? When rumors of a French downgrade started to float, the option of … “Greek Troubles Not Priced In”
AUD/USD: Trading the Australian ANZ Job Advertisements
The Australian Buildings indicator measures the change in the number of employment advertisements published in major daily newspapers and websites. A reading that is higher than the market prediction is bullish for the Australian dollar. Here are all the details, and 5 possible outcomes for AUD/USD. Published on Monday at 00:30 GMT. Indicator Background Employments ads … “AUD/USD: Trading the Australian ANZ Job Advertisements”
Ratings Downgrade Would Trigger a Cataclysmic Sell-Off
The French downgrade, which is rumored as coming any minute, isn’t priced in yet. The actual move means that the core is officially hit by the debt crisis, says Christopher Vecchio of DailyFX. In the interview below, Vecchio discusses actions by the ECB, the decoupling of the US from the rest of the world and … “Ratings Downgrade Would Trigger a Cataclysmic Sell-Off”
ECB Ready to Take a Hit on Greek Bonds?
During the press conference, ECB president Mario Draghi was asked twice if the ECB will also take a haircut on Greek bonds. He avoided commenting on this directly. Also his Vice President said that PSI is Private Sector Involvement. Sure, the ECB belongs to the public or official sector and not the private sector, but … “ECB Ready to Take a Hit on Greek Bonds?”
USD/JPY:Trading the Preliminary University of Michigan Consumer Sentiment
The Preliminary University of Michigan Consumer Sentiment Index surveys consumer attitudes and expectations about the US economy. A reading that is higher than predicted by the markets is bullish for the dollar. Here are all the details, and 5 possible outcomes for USD/JPY. Published on Friday at 14:55 GMT. Indicator Background The University of Michigan Consumer Sentiment Index … “USD/JPY:Trading the Preliminary University of Michigan Consumer Sentiment”
Conveying a Message of “Business as Usual”? ECB Preview
The first rate decision of the ECB for 2012 will likely not consist of any new unconventional measures nor rate cuts. This comes as the chances of a Greek default are rising, together with distrust among banks. Will Draghi surprise with a bigger move? Probably not, and this may be painful for the single currency. … “Conveying a Message of “Business as Usual”? ECB Preview”
EUR/USD: Trading the European Industrial Production
The European Industrial Production indicator measures production in the important manufacturing, energy supply and mining sectors. A reading that is higher than the market forecast is bullish for the Euro. Here are all the details, and 5 possible outcomes for EUR/USD. Published on Thursday at 10:00 GMT. Indicator Background The indicator readings, published monthly, have a … “EUR/USD: Trading the European Industrial Production”
Cable: Bearish Scenario For 2012 (Elliott Wave)
A decline from 2008 peak into 2009 low was in five waves, which in Elliott Wave theory indicates a direction of a larger trend. This is called an impulse wave, and once this leg is complete you will see a reversal in price, against the trend, normally into a slow, choppy and overlapping price action … “Cable: Bearish Scenario For 2012 (Elliott Wave)”
GBP/USD Trading the British Trade Balance
The British Trade Balance indicator, published monthly, focuses on the difference in value between exported and imported goods. A reading which is higher than the market forecast is bullish for the pound. Here are all the details, and 5 possible outcomes for GBP/USD. Published on Wednesday at 9:30 GMT. Indicator Background Traders should pay close … “GBP/USD Trading the British Trade Balance”