AUDJPY. There are numerous reasons to be short the yen. Japan has demographic problem, a slumping economy seemingly headed for another recession, a record-high debt-to-GDP ratio, and recently a trade deficit, caused in part by the elevated...
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In the recent past, there have been hard economic times that have swept all across the world. This has made living standards generally hard and it has also been hard to make ends meet.
Internet based trading has taken a new turn by emerging as one of the most lucrative business ideas currently on offer in the market. This is due to the fact that the internet is centralized and as...
The safe-haven US dollar took losses against several of its main currency rivals yesterday, as increased optimism in the global economic recovery led to risk taking in the marketplace.
The USD/JPY pair did very little during the session on Thursday as the markets go back and forth between trying to figure out whether or not the main players in Congress are close to a fiscal deal...
USD/CAD pair did very little on Thursday as the markets continue to try and figure out what is going on with the U.S. Congress and their fiscal cliff talks. With this being said, the 0.99 level looks...
The GBP/USD pair rose during the Thursday session to trigger buy orders from the hammer that had formed on Wednesday. We are still bullish of this pair, and think that a break above the 1.6050 level will...
The EUR/USD pair rose during the session on Thursday, but gave back about half of its gains for the day by the time we closed. The 1.3050 level continues offer resistance, and the candle almost looks like...
The AUD/USD pair had a pretty very session during the Thursday trading day, as we continue to see the 1.05 level is far too resistive to overcome. With this in mind, we also see quite a bit...
