Posts Tagged ‘Drop’
Quote of the day: “How much easier it is to be critical than to be correct.” ~ Benjamin Disraeli Good morning. Dollar, yen recovered and gold keeps setting more record highs as the world’s stock markets tumbled yesterday on growing economic concerns and more bad news from the eurozone. Let’s take a look at some charts [...]
Source: ForexYard
The price of corn was seen plummeting Friday after a US Department of Agriculture (USDA) study found both stockpiles and seeded areas to be larger than market forecasts. The whopping 92.28 million acres of land seeded this spring was the largest since World War II, with farmers overcoming the relatively colder and wetter period [...]
By Jonathan Cheng
U.S. stocks plunged as fears of reactor meltdowns in Japan forced investors to rethink the magnitude of challenges facing the global economic recovery. Investors fled stocks for the safety of Treasurys, all but wiping out the stock market’s yearly gains.
The Dow Jones Industrial Average fell 242.12 points, or 2.04%, to 11613.30 in [...]
2010 was a marquee year for Andrew Tan’s flagship company Megaworld Corporation or MEG in the Philippine Stock Exchange as it was able to book a 69.86%. However, MEG’s outlook had started to look a bit bleak around December as it started to form a head and shoulders pattern which technical analysts consider as a bearish [...]
Price action on AUD/USD (a daily chart of which is shown) as of Tuesday (1/11/2011) has dropped to break down below a key parallel uptrend channel extending back to the June 2010 lows. This price drop follows on the heels of a significantly bearish trend that has been in place since the beginning of the [...]
Price action on GBP/USD (a 4-hour chart of which is shown) as of Monday (11/29/2010) has continued to display a strong and rapid bearish bias after having just established a fresh two-month low. This occurs after price action broke down last week below a key uptrend support line extending from the early September low, then [...]
