YTE Blog

  Forex Trading Forex Trading – Elliott Wave USDJPY TradingLounge USDJPY Elliott Wave 1 Hour Chart Monday, 16 April 2012 at 6:25:00PM AEST Usd/Jpy is still under pressure after sideways price action in the past week, which was clearly a triangle; a five wave a-b-c-d-e pattern. why this is i...

China reported positive figures over the weekend, sending risk currencies higher. The Purchasing Managers’ Index, compiled by China’s logistics federation and the National Bureau of Statistics, rose to a one-year high of 53.1 in March from 51 in February. As Australia’s largest trading partner, Ch...

Over the weekend, China announced a 50 basis-point cut in the Reserve Requirement Ratio. This is essentially the proportion of cash that banks must set aside as reserves. The change will take effect on 24 February, and the figure will fall to 20.5% from 21%. This is the second time in three months...

There were two headlines late last week that caused a rally in the risk currencies. Firstly, it was the surprise announcement by the major central banks to boost liquidity. In a coordinated action to ease credit lending, six central banks agreed to reduce the cost of temporary dollar loans offered ...

It’s no secret in the markets now that traders and investors are highly concerned about the on-going debt crisis in Europe. However, what is that one crucial clue to give us a clear leading indicator that risk is off the table? The answer, is bond yields. By definition, a bond yield is the return...

Technical Analysis Report (TradingLounge's EarlyBird Report, everyday 7.30AM)News NEW YORK -(Dow Jones)- U.S. stock futures declined Friday morning, as the mid-week Thanksgiving holiday provided only a brief break from ongoing concerns over rising euro-zone sovereign bond yields. Dow Jones...

Last week, the Monetary Authority of Singapore said that the global economy and financial system are at their most fragile state since the 2008 crisis, with the immediate outlook characterised by a high degree of uncertainty. Not the most encouraging words for traders and investors to hear, but rec...

Forex Trading Aud/Usd 1 Hour Chart Tuesday, 1 November 2011 at 8:35:00PM AEST Forex Technical Analysis FX Trading Strategies Australian dollar is one of the weakest after RBA cut rates to 4.5%. Notice that move from the top has unfolded in five waves, so technically speaking top is in place,...

  Risk currencies are having a brief rally this week due to three reasons: Better US Employment Bank of England increases Asset Purchases European leaders pledge banks recapitalisation Better US Employment US Non-Farm Payrolls rose by 103K in the month of September with private sector payrolls...