| Tight Euro Range Warns of Breakout (Daily FX) In the EURUSD, a resistance line drawn off of August highs is holding and price action since late July has carved out what may be a head and shoulders top. A drop below the neckline, 1.4000, is needed in order to confirm the pattern. us.rd.yahoo.com |
Dollar Ignores Jump in Retail Sales, Risk Appetite Bleeding Currency (Forex Video) (Daily FX) US retail sales surge the most in three and a half years; but does the dollar respond to the growth prospects or the risk appetite aspect? us.rd.yahoo.com |
The Washington Post Company Reports Third Quarter Earnings (Business Wire) WASHINGTON----The Washington Post Company today reported net income of $17.1 million for its third quarter ended September 27, 2009, compared to net income of $10.4 million for the third quarter of last year. us.rd.yahoo.com |
NZDUSD: New Zealand Dollar Short All But Triggered (Daily FX) NZD/USD Strategy: Pending Short Last week, we wrote that “NZDUSD has bounced sharply lower after a re-test of previously broken support at the lower boundary of a rising channel that had guided prices higher since the lows in March” but opted to remain on the sidelines until a break below horizontal support at 0.7144 yielded better risk/reward parameters for a short. us.rd.yahoo.com |
Dollar / Yen Nears Former Resistance below 91.00 (Daily FX) A USDJPY drop below 9079 would create overlapping waves and suggest that the rally from 8481 is a 3 wave correction rather than the first 3 waves of an impulse. us.rd.yahoo.com |