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February 03, 2012 | 07:19 AM

Posted by David Mason

Federal Reserve Chairman Ben Bernanke testified yesterday before the House Budget Committee in Washington. Chairman Bernanke confessed that the Fed’s objective of 2% inflation may not be possible if unemployment in America continues to rise. On Wednesday, the ADP Non-Farm Employment...

Daily Technical Analysis

February 03, 2012 | 07:32 AM

Posted by Jack River

EUR is testing an important point

EUR/USD reached a critical point. The resistance of 1.32 could mark the end of the last correction and restart the long-term negative trend. If to take the principles of the "five waves" according to the Elliott Theory, we are probably in front of the fifth wave. It means that we are in front of a new significant...

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