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Forex analysis, Sept 16th European session

Posted 09-16-2008 at 02:27 AM by Mataf (Currency Majors Technical Analysis)
EUR/USD - Euro Dollar
1,4255. EUR USD moves without trend and swings around exponential moving averages (EMA 50 and 100). Bollinger bands are flat. ForexTrend daily (Mataf Trend Indicator) is in a bearish configuration. The price should continue to move in Bollinger bands. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,4320 - 1,4480
Supports
1,4180 - 1,4080
more information on EUR/USD - Euro Dollar Click Here
GBP/USD - British Pound Dollar
1,7958. GBP USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. ForexTrend 1H (Mataf...
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The Bank of Buffett

Posted 09-18-2008 at 12:49 PM by greenfaucet.com (Greenfaucet.com - Global Market Commentaries)
By David Enke, greenfaucet.com

As reported in a recent Bloomberg article, Warren Buffett's telephone has been ringing off the hook. As the credit markets seize-up, more distressed sellers are looking to Omaha as the last source for funding. As mentioned in the article, "Buffett right now is probably about the only money in the world, in the billions of dollars range, that the check will clear overnight." This has some analysts bullish on Berkshire Hathaway stock. Buffett is known as a value investor, and the market is certainly on sale right now. The combination of his deep pockets allowing him to buy just about whatever he wants, and his liquidity and reputation allowing him to set the terms, makes it likely that he...
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Forex analysis, Sept 23th European session

Posted 09-23-2008 at 01:32 AM by Mataf (Currency Majors Technical Analysis)
EUR/USD - Euro Dollar
1,4786. EUR USD broke 1,4600 resistance. EUR USD is in an uptrend supported by 1H exponential moving averages. The volatility decreases. Bollinger bands are tightened. ForexTrend 1H (Mataf Trend Indicator) is in a bullish configuration. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4900. If the resistance is broken then the target will be 1,5040. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,4870 - 1,5050
Supports
1,4700 - 1,4600
more information on EUR/USD - Euro Dollar Click Here
GBP/USD -...
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Forex analysis, Sept 23th US session

Posted 09-23-2008 at 09:13 AM by Mataf (Currency Majors Technical Analysis)
EUR/USD - Euro Dollar
1,4714. EUR USD is in an uptrend supported by 1H exponential moving averages. EUR USD is in a consolidation after the last bullish movement. The volatility is low. Bollinger bands are flat. 4H ForexSto (Modified Stochastic) indicate a bullish pressure on EUR USD. The price should find a resistance below 1,4870. The consolidation should continue. If the resistance is broken then the target will be 1,5040. We won't take a position. The risk/reward ratio is too high to take a position..
Resistances
1,4870 - 1,5050
Supports
1,4690 - 1,4600
more information on EUR/USD - Euro Dollar Click Here
GBP/USD - British Pound...
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