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Day: August 6, 2009
August 62009
Pound Continues High on Real Estate Market Forecast
The pound is trading near a 9-month high versus the U.S. dollar as multiple news brought traders to the renewed attractive profile of the British currency, which is expecting a rebound in the U.K.’s housing market before the end of the year. The pound is trading high versus both the euro and the U.S. dollar as renewed sentiment for the British economy attracted investors to purchase pound-priced assets, pushing the national currency to the highest levels in months versus its main […]
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August 62009
Australian Dollar Climbs on Employment Data
The Australian dollar is being traded today near a 10-month high as job figures in the country came unexpectedly positive, adding confidence that the South Pacific region will be one of the first global economic areas to find its way out of recession. The forecasts regarding the Australian job market pointed to a consistent decline in the number of employed people, which were proved to be false, as today, a national employment report indicated a rise […]
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August 62009
Point and Figure Patterns E-Book
The latest trading e-book that was uploaded to the site today is Core Point and Figure Chart Patterns, which lists some interesting patterns that can be analysed on the point-and-figure charts. Point-and-figure charting is a special way to represent the market data, where the chart bars don’t depend on time but are the function of the price fluctuations. This e-book doesn’t explain much about plotting the chart or understanding the basics of point-and-figure […]
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