The international exhibition brand ShowFxAsia invites you to its new exposition related to the whole spectrum of financial markets: from the currency market Forex and futures market to stock markets.
This exhibition will be held July 10-11, 2010 in Singapore. The event will take place at a respectable center Singapore EXPO.
For the first time participants of all financial markets, the developers of special software and other companies tightly related to the financial world will be presented at one exhibition.
The program provides such important for every participant of financial markets events as educational workshops and conferences, after visiting which the details of trading will be more understandable for you. Each exhibition visitor will be able to gain an indispensable experience of communication with leading market analysts and the brokerage companies’ representatives.
All aspects and sides of financial markets, fundamental basics and up-to-date issues, the entire spectrum of offers and current intramarket trends will be presented at ShowFxAsia exhibition in Singapore July 10-11, 2010.
Mengikut petua divergence aku, GBP USD akan turun lagi. Freefall orang kata. Sekarang pun dah turun lebih kurang 90 pip dari pagi tadi.. perlahan kan? Ya, kerana US Bank bercuti. Patutlah perlahan je market hari ni.
Kita tengok timeframe kecik sikit ok.
Nampak kan? Ngam ngam price bounce up sebaik sahaja mencecah 62% fibonacci. Jika retracement itu follow the fibonacci, maka naik la dia sampai 162% mungkin. Tapi kebiasaannya, timeframe lebih besar lebih betul dari timeframe kecik, dengan kata lain.. aku lebih percayakan divergence.
Stop loss aku short pagi tadi ialah di atas 1.5240 dengan harapan divergence itu valid. Melainkan aku jumpa satu bullish divergence, maka akan cepat-cepat aku close yang sell pagi tadi.
The Swiss National Bank is “closely monitoring” increased fluctuation in the Swiss franc in recent weeks, Blick reported, citing central bank President Philipp Hildebrand.
A spokesperson at the central bank wasn’t available for comment. Hildebrand’s remarks follow a recent appreciation of the franc after the SNB ended attempts to counter gains. The country’s central bank may have to consider further moves to prop up the euro, according to economists and investors.
Intervention in currency markets to protect Switzerland’s export-led recovery would boost the SNB’s record currency holdings, leaving it vulnerable to losses as the euro weakens. The central bank may have to run that risk as the franc climbs against the euro on investor concern that the euro-area debt crisis will worsen.
The risk of inflation in Switzerland is “extremely low” and abundant liquidity can be absorbed in time, Hildebrand also said in the interview published on Blick’s website. The central bank is concerned about a possible property market bubble, though there’s “no reason for panic,” he said.
Credited from Bloomberg.
