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8-29-08 5:11a GMT – The EUR/USD has bounced off 1.4600 this week as it eased off of oversold levels and raised up to 1.4800. The pair is heading south again as the US economy raised its GDP outlook and fears rise of a slowdown in the Europe. I expect the pair to stay beneath its 1.4800 [...] 8-27-08 4:26a GMT – USD/CAD has plenty of room to fall on the 4-hour and daily charts, which is backed by a strong downtrend on the weekly and monthly charts. Oil prices have hit monthly lows and a rise in oil prices (which is a leading indicator for the CAD) would indicate a fall in the [...] |
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Risk Warning |
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