From the daily archives: Monday, March 1, 2010
The Canadian dollar pared the overnight decline and is currently the best performing currency against the greenback on Monday, while the British Pound slipped to a fresh yearly low of 1.4784 as the economic docket reinforced a weakened outlook for the U.K.
Continue Reading →In a fortunate turn (for the speculative crowd), the new trading week has started off with a bang. The broader currency market is showing considerable volatility; and to further add to the mix, there are stand out moves from a number of specific currencies. The most active majors this morning happen [...]
Continue Reading →I am extremely bullish against 10368. The rally from there is in 5 waves, which indicates, with a high degree of confidence, that the larger trend has turned up. 10480-10520 is short term support. The minimum objective is above 10875.
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