Forex Weekly Reports (ActionForex.com)


Forex Weekly Reports (ActionForex.com)

The Koan of Yen - Safe Haven and the Japanese Economy
September 8, 2009 at 4:39 am

Have the Chinese engineered a spectacular economic recovery, the envy of the industrial world or has Beijing created a version of the American housing and credit bubble of the past decade? So far the China jury is out. But despite the evident confidence in the mainland story shown by the...

Weekly Technical Commentary
September 8, 2009 at 12:08 am

Price action in August appears to have formed a new interim high at 97.79, with a decent reversal candle (shooting star?) on the monthly chart. Last week's bounce ahead of July's low at 91.73 suggests we shall hold above this increasingly important chart area (down to 91.50) for another week...



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