Market Analysis

more on Economic Times [...]

"The Securities and Exchange Commission may let large U.S. companies switch to international accounting rules in six years, a step it says will lower compliance costs and make[...]

How much to trust Jim Cramer?Another Video from Don Harold posted yesterday.For more, http://www.youtube.com/user/donharrold [...]

Bottom on financials are still far away... Look @ this chart of Total Borrowings of Depository Institutes since 1985. Once that chart is normal, I can tell Financials[...]

This 480 minuntes chart has 3 month EURODOLLAR interest rate, GERMAN BUND & EUR/USD. Currenly we are seeing divergence in EuroDollar Interest Rate & EUR/USD rate.There is also[...]

As you notice here, TNX & USDJPY are currently strongly bearish. So I wouldn't call SPX rally bullish. I am still bearish on SPX. I am not expecting[...]

These are charts of EUR/USD, GOLD & AUD/USD. They all are testing weekly Trendline. If you are long term CARRY TRADE investor, stay alert for Long position on[...]

More Clips: http://www.youtube.com/profile_videos?user=IOUSAtheMovieWebsite: http://www.iousathemovie.com/ [...]

Source: Danske Bank [...]

"With increasing globalization, every asset class is related to every other one. This makes it useful for understanding how these relationships shift over time. Many times, movements in[...]

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Speculative positions in FX market shows more strength in US Dollar against all major this week.Source: DANSKE BANK [...]

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USDCAD closed @ 1.0558 this early morning with -62 pips.Total Week Gain/Loss:AUD/USD -108 pipsEURCAD +258 pipsUSDCAD -62 pips---------------------Total +88 pipsMore orders will be placed this afternoon.Stay tuned. [...]

How to use FX Barometer?Upper currency futures are the strongest ones.Lower currency futures are the weakest ones.Example:In Medium Term chart, US Dollar is strongest & JPY is weakest[...]

10 Year Treasury Note has failed to maintain its bullishness on daily time frame. That means bearish SPX & bearish USD/JPY. US Dollar is extreme over bought in[...]

Conclusion:Sources:http://www.cftc.gov/stellent/groups/public/@newsroom/documents/file/itfinterimreportoncrudeoil0708.pdf Big Picture [...]

EUR/CAD position closed with +258 pips @ 1.5900 this morning.Position Entry+258 Short EUR/CAD (Hedged Trade against USD/CAD)-153 Long USD/CAD (not closed yet-waiting for CAD rebound) [...]

BEAR ARGUMENTI have Rising Wedge (Bearish) Pattern in 360 minutes chart. To support this bearish pattern argument, these are tons of other bearish rising wedge patterns.This is 60[...]

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US Dollar Index is hitting multi year important technical level too fast too soon. Market really priced in Trichet comments pretty heavily. But also, don't forget to analyze[...]

In this SPX chart, we are seeing main bearish trend, but it's going for small correction. 1290(tripple top) is major level to break upward. I am watching small[...]

This is chart of US Dollar Index (daily). As you can see, it has broken short term channel, but immediately after that there are two important trend line[...]

update @ 8:34pm Aug 7, '08Entry: 1.0498Target: 1.0350Position Hedged with Long EURCAD @ 1.6158Unrealized Gain (still open)-44(usd/cad) + 118(eur/cad) = +74 [...]

Long AUD/USD update @ 8:34pm Aug 7th, 08Entry: 0.9072Target: 0.9221Stop/Loss: 0.8980Result: -108 pips Stopped out.Why this happened?I went away from AUD-GOLD-EUR system & just thought of oversold AUDUSD.[...]

TNX main long term daily trend is currently bullish. Sub Trend- thick blue line is bearish, but currently has reversed after touch main trend- dotted blue line. This[...]

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Many of you know that I am watching Crude Oil very closely to trade USDJPY.In post of July 17th about Crude Support Levels, I had mentioned that crude[...]