Archive for the ‘Business’ Category

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100.

[...]

Friday, May 11th, 2012 at 00:28 | 0 comments
Categories: Business

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100.

[...]

Thursday, May 10th, 2012 at 00:27 | 0 comments
Categories: Business

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100.

[...]

Wednesday, May 9th, 2012 at 00:27 | 0 comments
Categories: Business

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100.

[...]

Tuesday, May 8th, 2012 at 00:27 | 0 comments
Categories: Business

By Joel Kruger, Technical Strategist for DailyFX.com

Bout of weak economic data widespread across all continents
Market consolidation of 2012 could be coming to an end
Fear and uncertainty could re-emerge in H2 2012
European Central Bank decision and US NFPs in focus

We are astonished at the resiliency of risk correlated assets given the deluge of disappointing economic data [...]

Monday, May 7th, 2012 at 00:28 | 0 comments
Categories: Business

By Joel Kruger, Technical Strategist for DailyFX.com

Market optimism fades and suggests more USD strength
Widespread calls for a break lower in Eur/Usd
Key economic data and political risk ahead
Focus for now on monthly US employment data

Although we have seen no clear breakouts in most of the major currencies, and although the Euro still remains locked in a [...]

Sunday, May 6th, 2012 at 00:28 | 0 comments
Categories: Business

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100.

[...]

Saturday, May 5th, 2012 at 00:27 | 0 comments
Categories: Business

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100.

[...]

Friday, May 4th, 2012 at 00:29 | 0 comments
Categories: Business

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100.

[...]

Thursday, May 3rd, 2012 at 00:27 | 0 comments
Categories: Business

The market remains locked in a multi-day consolidation and should continue to chop between the 9,600-10,100 area. Overall, we do retain a bullish outlook given the broader recovery structure out from a major base in 2011 and therefore recommend looking to buy on dips in favor of an eventual break above 10,100.

[...]

Wednesday, May 2nd, 2012 at 00:27 | 0 comments
Categories: Business