MATLAB Neural Network Activation function

Euro Price Action Increasingly Bearish But Yet to Close Below Key Barrier
a function of stream flow
  • Greece political uncertainty fuels fears of contagion
  • Euro under pressure but yet to close below 1.3000
  • Commodity bloc and emerging market FX most exposed

The ongoing political turmoil in Europe continues to shake the markets, with the inability for Greece to form a government now fueling speculation that the country might soon exit the Eurozone. Although an exit by Greece would have only a minimal impact on the broader economy, given the country’s size, fears of contagion seem to be the bigger problem right now, as investors start to price in the impact this will have on larger economies like Spain and Italy.

Technically, we have said that a close below 1.3000 would be a very bearish development for the Euro, as we have not seen a daily close below 1.3000 since January. With this in mind, Euro bulls can still hold onto some hope at this point, as the market has yet to officially put in a daily close below 1.3000. As such, we continue to recommend proceeding with caution at current levels, and only recommend looking to get more aggressively bearish the Euro on a daily close below 1.3000. A daily close below 1.3000 should then open the door for acceleration back towards the 2012 lows from January at 1.2625.

Source: Swing Trading Daily

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15 Things You Shouldn't Be Paying For

2010-08-19 09:27:17 by YouUngratefulTurds

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Cell Phone -- The service plan...

Trading Forex Using the Latest Technology Improving Market Volumes?  — MarketWatch

... rise in trading volume within the US $4 trillion-a-day forex market. Forex trading provider City Index first released its mobile trading application, City Trading, back in 2009 and just recently launched its FX specific app called City Trading FX.


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