The Bank of Canada simultaneously released bothering ITS Business Outlook Survey (BOS) and Its Senior Loan Officer Survey (BLUE) for 2011 Q4 this morning. The BOS survey indicated a deterioration in the outlook for sales a year-ahead relative to the Past Year for the first time in learner months.
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EUR / USD ‘s decline Continued last week and reached as low as the first 2697th Initial bias remains on the downside this week for 100% projection of the first 4939 to 1. 3145 from the first 4246 at the first 2452 next. On the upside, above the first 2814 Will Turner bias neutral and bring consolidation. But Recovery Should be limited Below the first 3076 resistance and bring resumption cases.
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During the early part of last week, the theme was buy risk and sell euros. Risk appetite was given a strong boost by the global manufacturing data from China to United Kingdom to the U.S.. While Euro-selling persisted, risk markets failed to Extend Rally even with a very solid Employment Report from
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EUR / USD ‘s decline Continued last week and reached as low as the first 2697th Initial bias remains on the downside this week for 100% projection of the first 4939 to 1. 3145 from the first 4246 at the first 2452 next. On the upside, above the first 2814 Will Turner bias neutral and bring consolidation. But Recovery Should be limited Below the first 3076 resistance and bring resumption cases.
View full post on Action Forex (ALL)
EUR / USD ‘s decline Continued last week and reached as low as the first 2697th Initial bias remains on the downside this week for 100% projection of the first 4939 to 1. 3145 from the first 4246 at the first 2452 next. On the upside, above the first 2814 Will Turner bias neutral and bring consolidation. But Recovery Should be limited Below the first 3076 resistance and bring resumption cases.
View full post on Action Forex (ALL)
EUR / USD ‘s decline Continued last week and reached as low as the first 2697th Initial bias remains on the downside this week for 100% projection of the first 4939 to 1. 3145 from the first 4246 at the first 2452 next. On the upside, above the first 2814 Will Turner bias neutral and bring consolidation. But Recovery Should be limited Below the first 3076 resistance and bring resumption cases.
View full post on Action Forex (ALL)
The EUR / USD slide Below The first 2870 2011 Low and Established a new 2011 low at first 2857 before a Corrective Rally Followed. As we wind down the trading year on the 12/30 U.S. session, the Market Appears to continue this Corrective rally. It is so Father Held Below the first 2968, 50% retracement
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The EUR / USD slide Below The first 2870 2011 Low and Established a new 2011 low at first 2857 before a Corrective Rally Followed. As we wind down the trading year on the 12/30 U.S. session, the Market Appears to continue this Corrective rally. It is so Father Held Below the first 2968, 50% retracement
View full post on Action Forex (ALL)
The EUR / USD slide Below The first 2870 2011 Low and Established a new 2011 low at first 2857 before a Corrective Rally Followed. As we wind down the trading year on the 12/30 U.S. session, the Market Appears to continue this Corrective rally. It is so Father Held Below the first 2968, 50% retracement
View full post on Action Forex (ALL)
The EUR / USD slide Below The first 2870 2011 Low and Established a new 2011 low at first 2857 before a Corrective Rally Followed. As we wind down the trading year on the 12/30 U.S. session, the Market Appears to continue this Corrective rally. It is so Father Held Below the first 2968, 50% retracement
View full post on Action Forex (ALL)