Forex|Stock Market|Stock Exchange|Stocks

As you already know, I have an open trade on the EURAUD, I’m short since last Tuesday from 1.3485. It is currently trading at 1.3395 (90 pips on my favor) and I’m just planning what I’m going to do with this trade. Here is the chart: I’ll have to take a decision whether or not leave my trade open over the weekend, and here is my plan: If the EURAUD breaks the bottom of the range (1.3367), I’ll keep my trade open and move my stop loss...

DJ FXCM Dollar Index Index Last High Low Daily Change (%) Daily Range (% of ATR) DJ-FXCM Dollar Index 9654.82 9766.46 9643.57 -0.91 135.65% The Dow Jones-FXCM U.S. Dollar Index (Ticker: USDollar) is 0.91 percent lower from the open after moving 136 percent of its average true range, and the gauge may continue to push lower over the following week as breaks down from its current range. As the 30-minute...

The market has been range-bound headed into the weekend, but man, those ranges are pretty big!  I was surprised as I thought we’d see the ranges tighten up but that hasn’t been the case.  Yesterday, the markets made huge moves as various news trickled out regarding the Euro debt crisis. It is times like these when I tend to be more cautious, as it is difficult to know when news may hit or what its impact may be.  Yesterday, the markets were selling off as risk aversion picked up throughout the early US...

Asian shares rose on Wednesday, but gains were capped by a cut to Spain's sovereign credit rating from Moody's Investors Service that kept investors' risk appetite in check. A rise in US stocks and a report that Europe will strengthen the region's rescue fund helped improve sentiment, with spreads over a key Asian credit default swaps index narrowing several basis points. But bearish technicals remained in place to suggest investors...

Overall, earnings have been mixed so far - both from domestic as well as offshore firms. For the Nifty, 5095 could turn out to be an important resistance. ...

European indices finished mixed following the fresh downgrade of Spain and a Moody's warning to France over its "AAA" rating outlook. Apart from corporate results, investors will also keep an eye on US inflation, housing data and Fed’s beige book survey. ...