So far in 2010, the number of US bank failures has reached 25, a rate of two per week. This compares to 25 total bank failures for ALL of 2008, and three for 2007. Yet -- no matter how grave the data gets, few people imagine the corporate banking cr forex news :: view details »

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Over the past week, the US dollar has further worked its way into a complacent zone of congestion. While this may seem a reasonable push towards stability as the world’s economy moves towards recovery and global financial markets stabilize; in forex news :: view details »

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The phrase "perception is reality" has been pronounced so often that some people think that to repeat it makes it true... forex news :: view details »

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Whether horror films win Academy Awards or not, they tell an interesting story about mass psychology. Research at Elliott Wave International shows that horror films proliferate during bear markets, whereas upbeat, sweet-natured Disney movies show up forex news :: view details »

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DailyFX analysts maintained a bearish bias against the British pound throughout February and were rewarded as the currency saw across the board weakness. Sterling sharply fell over 1,200 pips against both the dollar and Yen on the back of broader ri forex news :: view details »

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The USD/JPY continues to consolidate gains following the post NFP rally which has generated an ideal scalping environment. A concentration of technical levels has helped limit breakout potential. A lack of conviction from traders has seen simi forex news :: view details »

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The British Pound halted the three-day decline and is the best performing currency against the U.S. dollar on Thursday, while the New Zealand dollar extended the decline following the RBNZ interest rate decision, with the exchange rate slipping to a forex news :: view details »

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Candle formations can be a valuable addition to a trader’s approach to trading, but only if used correctly. 
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