Bruce Flitcroft, CEO of Alliant Technologies, a growing tech company in Morristown | Courtesy Alliant Technologies WebiMax: Mount Laurel-based WebiMax, a digital marketing agency, said it is moving to the Ferry Terminal Building on the Camden waterfront…
Signs of an economic revival in China have raised hopes that Beijing’s targeted measures to bolster growth are having an impact but a slowdown in the euro zone will increase expectations of policy easing there.
The USDJPY pair broke out to the upside during the session on Monday, essentially cracking the top of a couple of hammers from last week. We are testing the 102.50 level at the moment, and thereby we think we are getting ready to head to the 103 handle.
AUDUSD’s bounce from 0.9208 extended to as high as 0.9329, the subsequent fall indicate that the bounce had completed,
EURUSD is currently finding support at the bottom of the rising channel on the daily time frame while stochastic is indicating deeply oversold conditions.
The EURUSD pair fell during the session on Wednesday, breaking below the 1.36 level towards the end of the day.
IHS, a market research group, has updated its forecast for China and estimated that China will install about 13.5 GW of solar PV this year. Approximately 4 GW of that will be distributed PV, based on updated projections made after a poor first quarter…
The USDJPY pair initially fell during the session on Wednesday, but as we have seen for the past couple of days, buyer stepped in and push the market back up.
Option Alert Service Signal New Trade Suggestion
The EURUSD (FXE, quote) pair fell during most of the session on Tuesday, but found the 1.36 level supportive yet again. Because of this, it appears that the market is ready to grind sideways, as this area although supportive, isn’t necessarily a major support area.
