Short Term Trading forex trading links forex trading books market statistics trader values euro and us dollar Shocks Crashing ProfitsOn: January 2013

Saturday, 26 January 2013

Japanese Yen: Lower Short-Term, But Higher Longer-Term

Japan is in a recession, and the Japanese yen lost 15% from the highs against the U.S. dollar. The decline should continue this year as well. The potential target could be 104 in the futures prices. However, the longer-term picture supports a new rise of the Japanese yen. The Chinese economy has probably bottomed. 

Sunday, 20 January 2013

Precious Metals: Is Gold Bottoming?

Global inflation failed to meet expectations in 2012, and gold lost almost 9% from its high. Will the precious metal perform better this year?  

Friday, 11 January 2013

EUR/USD: Breakout or Failure?

The euro is rebounding from the trendline of the past six months and is now challenging the key resistance line at 1.3350. A move above 1.3410 can take the price to 1.36. 

Sunday, 6 January 2013

Will The Unemployment Rate Fall to 7% In 2013?

Bureau of Labor Statistics
The US Dollar Index should decline to 77.00/75.00 while the S&P 500 Index can target 1500/1550 this year.

Tuesday, 1 January 2013

Technical analysis: Forex markets long-term

The market is up trending. GPB should target higher levels in 2013.