
I was talking to Zoltan Vass (our Chief Economic Strategist) earlier this week and we were discussing how it appears we are on the verge of some very volatile activity. Looking at what the JPY pairs did this week really confirmed our expectations.
Now let me add to this that I think the old adage of 'We Ain't
(Price on 1st pane, Slow Stochastics on 2nd pane; downtrend lines in red; Fibonacci retracements in grey; 50-period simple moving average in light blue.)
7/23/2008 - USD/CHF - Price action on the USD/CHF daily chart, as shown, has once again reached the top resistance line within the parallel downtrend channel that
In previous updates I have described the oversold stock markets