China’s stock markets cratered again today, despite the government’s stimulus efforts. The Shanghai Composite Index fell by 8.5% and the Shenzhen A-shares index lost 7% of its value.Over the past 10 years, today’s drop was the second-worst on record:The fall comes after the government reported a 0.3% drop in industrial profits in June, a sign that China’s economy may be […]
Daily Forex Technicals |
Written by DeltaStock Inc. |
Feb 07 14 11:16 GMT
Forex Technical Analysis
EUR/USD
Current level – 1.3558
The intraday bias is positive after the recent break through 1.3580 resistance, but the downtrend on the senior frames from 1.3893 is still intact, so I favor a slide through 1.3540 to initiate a downswing towards 1.3390.
Resistance
Support
[…]
Originally published January 3, 2014 at 6:16 AM | Page modified January 4, 2014 at 3:16 AM
NEW YORK — After last year’s big party in the stock market, 2014 is starting off with a nagging hangover.The Standard & Poor’s 500 index edged a fraction of a point lower on Friday, beginning a year with a two-day […]
