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Posts by "jacek"
2735 Posts Total by "jacek":
174
Posts by Anonymous "jacek":
"..CitiFX calculated FX flows as per Monday's close suggest end of month inflows to the USD from
other developed market currencies except versus the yen.."
currencies as foreign investors increase the value of their fixed
income hedges.. good recent examples are gbp and nok.. hope that helps..
"..Gold finds a bottom after stopping short of the 200-DMA
yesterday, still support at $1529.70. A positive close today will
confirm the Hammer candle-pattern noted yesterday. Initial price action
has broken through the 100-DMA, former 61.8% Fibo level and the 5-DMA,
while daily studies turn higher and stochastic study shows a buy-signal,
however, RSI and momentum remain in a bearish trend.."
agree with Dave.. such wedges don't hold for long..
euro short with reverse stop looks good bet:-)