Dr. Mike Campbell - Daily Forex - Mon May 25, 4:05AM CDT
Last week was a positive affair for the world’s major markets with the one exception of the Dow.
In Europe over the course of the week, the FTSE was up by 1%, it closed at 7031.3; the Dax ended at 11815, up by 3.2% on... (full story)
Although the Forex market is open all week, Monday is a public holiday in both the U.K. and the U.S.A., as well as most of the rest of Europe, so it should be a very quiet day. Many brokers will not have trading open in certain... (full story)
Academic studies have shown that the most reliable way to determine future price movements from past price movements, is by use of momentum.
In the Forex market, a momentum study is best applied... (full story)
Christopher Lewis - Daily Forex - Mon May 25, 3:05AM CDT
The EUR/USD pair broke down during the session on Friday, as the US dollar showed real strength over all. The market is now testing a seriously important area, and the Euro will have to make its intentions known soon. The 1.10... (full story)
Japan’s economy is moving at a quicker pace than anticipated. Data released Monday revealed that April exports climbed 8.0 percent from a year earlier, beating expectations and highlighting a steady recovery in export... (full story)