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...

I am back in Singapore after speaking in the “China International Investment and Finance Expo 2012” held in Guangzhou. Although China has announced slowdowns in manufacturing, exports and housing, the Forex community there seems to suggest otherwise with the buzz in the Expo. Speaking of buzz, the...

Last week, US government data beat all estimates when it reported that Non-Farm Payrolls rose by 243,000 in January. The official figures easily surpassed the 140,000 estimate by economists. Additionally, the unemployment rate came in at 8.3%, the lowest level in nearly 3 years. This also recorded ...

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...

75.57 was the magic number for the Bank of Japan to step in. After weaks of jaw-boning the markets, the authorities finally intervened to weaken the currency for the third time this year. Finance Minister Jun Azumi told reporters yesterday, “I have said many times, if forex moves do not reflect the...

What was original a 2 day meeting between the European finance chiefs has now been scheduled for 6 days. With a final announcement scheduled for Wednesday, the lengthy Summit shows that the people in charge are committed to hammer out a solution for the on-going debt woes in Europe. There are essen...

Japanese exporters are starting to feel the heat again.With the Yen near its all-time highs, big names like Toyota, Sony and Nissan are frustrated that corporate profits are hurt due to the Yen strength.As the world’s fourth largest exporter, Japan thrives on a weak Yen to aid export sales.Early thi...