Chinese banks forex surplus jumps 32.8% month on month in Jan.: SAFE?

BEIJING,(Xinhua) -Make Money Blog$- China's foreign exchange regulator said Friday that more foreign currencies were sold than bought through Chinese banks in January, resulting in 68.4 billion U.S. dollars of forex surplus in the banks for the month.

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Currency Crosses: Technical Outlook ?

Long Term Trends and Pivot Points (monthly data) (updated on first of the month)

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U.S. Consumer Prices Rise 1.6% in January ?

Consumer prices in the world’s largest economy rose an annualized 1.6 percent in January after climbing 1.5 percent the month prior, which was in line with economists’ expectations. Subsequent to the release, the greenback lost ground against most of its major counterparts. Traders will now shift their focus to comments from Bernanke due out at 15:00 GMT, and dovish comments by the central bank head could add additional weight onto the dollar.

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Forex focus: sterling turns the corner?

Surprisingly, sterling has been the best-performing major currency so far this year, writes Liz Phillips 

It’s up against the US dollar and the euro, as well as against last year's strongest currencies - the Swiss franc, Japanese yen and Aussie dollar.

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3 Teknis Analisis?

Teknis analisis didasarkan pada tiga premis dasar yang harus dipahami dan diterima, atau setidaknya memberikan bahwa pendekatan ini masuk akal. Asumsi-asumsi ini:

1. Harga diskon adalah segalanya.
2. Harga bergerak dalam tren.
3. Sejarah berulang dengan sendirinya.

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