Short Term Trading forex trading links forex trading books market statistics trader values euro and us dollar Shocks Crashing ProfitsOn: May 2012

Sunday, 27 May 2012

Stock Decline is Limited?

(Image by AZRainman via Flickr)
The S&P 500 index is at key support line, while futures funds are again massively short the European currency. More selling is possible, but the decline appears to be limited Crude oil prices will fall more?

Monday, 21 May 2012

Eur/usd Is At Key Support-Line


 
The euro is under pressure. However, short positions held by futures funds are again at the extreme levels. In the past, they anticipated important turning points. What could happen to the U.S. markets?

Sunday, 13 May 2012

Greece is Exiting The Euro Zone?


(Image by antwerpenR via Flickr)
The tail of the European crisis is stinging again. A default of Greece is possible and the euro could sell-off against the majors. J.P. Morgan loss could create a panic wave across the markets. Stocks should decline, but the U.S. economy has still the capacity to improve over the year.

Sunday, 6 May 2012

The U.S. Dollar Rising

(Image By aeneastudio via Flickr)
It should increase short-term, especially against commodity currencies such as the Canadian and Australian dollars. The euro could instead decline below the important support line at 1.30. New political leaders in France and Greece increase risk in an already risky environment.

Friday, 4 May 2012

Short term trading: ++USD/CAD, May 2012

 
++USD/CAD at 1.0065, stop-loss at 1.0010, target at 1.0075 or MOC. The market is above the 50 MA. Seasonal components are dollar supportive. There is a divergence between the price and the RSI indicator. Finally, speculators are massively short the US dollar/long the Canadian according to the COT report. A breakout the longer-term resistance line could lift the price higher.

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