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Sounds of Travel 12: 500 Miles

Here at Gadling we'll be highlighting some of our favorite sounds from the road and giving you a sample of each -- maybe you'll find the same inspiration that we did, but at the very least, hopefully you'll think that they're good songs. Got a favorite ...

From JAMIE RHEIN, Gadling,  2 Dec 2008

Euro Crosses Attempt Breaks of Resistance

The euro rally is testing resistance against its counterparts. Longer term, I expect a reversal of strength that has persisted since 2000.  Within a few years, the EURGBP could drop below the 2000 low of .5680.  Near term, a push above .8669 is ...

From JAMIE SAETTELE, SENIOR CURRENCY STRATEGIST, Daily FX,  2 Dec 2008

A handy guide to help you wade through airline rules and restrictions

While I was packing yesterday for my daughter's and my trip to Denmark, I asked her if she wanted to take a lightweight shawl to use as a blanket on the airplane. "Don't they give you blankets?" she asked. Maybe. Some airlines charge extra for a ...

From JAMIE RHEIN, Gadling,  2 Dec 2008

Euro Resistance Begins at 1.28

There is potential EURUSD resistance from the 11/25 low at 1.2804.  1.28-1.2970 (11/27 high) is heavy congestion.  This zone could provide resistance required to complete the triangle that has been underway since late October. ...

From JAMIE SAETTELE, SENIOR CURRENCY STRATEGIST, Daily FX,  2 Dec 2008

New Zealand Dollar Technical Outlook

There is quintuple divergence with RSI on the daily NZDUSD chart, which warns of a reversal.  Last Friday’s inside day reinforces the potential reversal to the upside.  Staying above .5186 keeps the short term trend bullish. ...

From JAMIE SAETTELE, SENIOR CURRENCY STRATEGIST, Daily FX,  2 Dec 2008

Yen Technical Outlook

Staying bearish the USDJPY has proved a wise decision although the decline over the last month has been choppy.  As long as price remains below 96 (below the resistance line from early October), bearish potential is significant (below 80). ...

From JAMIE SAETTELE, SENIOR CURRENCY STRATEGIST, Daily FX,  2 Dec 2008

Euro Technical Outlook

One can make both a bullish and bearish argument for the euro / dollar going forward.  From the bearish perspective, the euro / dollar could still drop below 1.2330 in a 5th wave terminal thrust from a triangle, which is in its final stages.  The ...

From JAMIE SAETTELE, SENIOR CURRENCY STRATEGIST, Daily FX,  2 Dec 2008

Canadian Dollar Technical Outlook

The rally from just below 1.15 is in 5 waves and could be a truncated 5th wave.  If so, then a correction back to at least 1.15 and possibly lower is underway now.  The drop from 1.2993 to 1.2120 is in 5 waves, which is bearish.  Price should remain ...

From JAMIE SAETTELE, SENIOR CURRENCY STRATEGIST, Daily FX,  2 Dec 2008

Australian Dollar Technical Outlook

There remains potential for a large recovery back to the mid .70s given the 5 wave drop from the top (waves a and b of an a-b-c correction would be close to complete).  Bulls may attempt to ‘pick’ this bottom given that the AUDUSD has held above the ...

From JAMIE SAETTELE, SENIOR CURRENCY STRATEGIST, Daily FX,  2 Dec 2008

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