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The forex market may experience good price action with forex traders contemplating technical price action at:

2:50 AM EDT Wednesday, February 24: Strong price action for 3 hours duration. NOTE: The start time deviation may - 10 or + 40 minutes.

9:00 AM EDT Wednesday, February 24: Moderate to strong price action for 2.5 hours duration. NOTE: The start time deviation may be - 15 minutes or + 30 minutes.


Britt Maras – Senior Currency Strategist

The Eur/Usd moved up to test the 1.3700 area in early trading to make a breakdown in early trading during the London session. The downward move continued through the NY trading session as well. The price finally stalled out at about the 1.3500 support area. Every time there is a rally it gets pulled back rather quickly. The current resistance level to watch is 1.3700 and the support level is 1.3450

4hr chart

Make sure that you read the news regarding this pair as there is a great deal of news happening this week. If there is going to be a turn in this downward trend there might have to be some corresponding positive news for the Euro that will help this pair rebound. This downward trend is not over yet and I ...

Real-time Monetary Inflation (last 12 months): 2.3%

There's a lid on the gold market weighing down prices at the $1,127 level. That price should ring a bell with traders in the soon-to-expire February COMEX contract. That's the midpoint of a runaway gap created in November as prices raced to their December peak at $1,227. It's also a support level for a two-week reactive bounce in January.

Watching gold prices rally from a $1,045 low notched in early February, you can sense the accumulation. Overall open interest has been built up by 20,000 contracts following the price breakdown, though there was some liquidation selling Monday.

Technically, there are bullish signals given by the MACD and RSI indicators. ...

This from the International Monetary Fund—morphing views on the “free flow” of capital (our emphasis):

With the global economy beginning to emerge from the financial crisis, capital is flowing back to emerging market economies (EMEs). These flows, and capital mobility more generally, allow countries with limited savings to attract financing for productive investment projects, foster the diversification of investment risk, promote intertemporal trade, and contribute to the development of financial markets. In this sense, the benefits from a free flow of capital across borders are similar to the benefits from free trade, and imposing restrictions on capital mobility means foregoing, at least in part, these benefits, owing to the

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