0.0 00 Points to consider with the DAX 30: The German DAX eyes last week’s low as it comes within 30 points of that mark. This is a key technical level. This morning’s German gross domestic …
Read More »Westpac being charged with Market Manipulation
0.0 00 Asian stock markets fell lower today following a down day on Wall Street. US Corporate earnings were a big disappointment. This morning, in Australia, shares of Westpac headed south after reports surfaced the bank …
Read More »The Rally with the Yen Continues this Morning
0.0 00 Points to consider in the Japanese Yen Forex market: The yen shows a rather weak response to today’s trade balance numbers out of Japan. Trade balance comes in at ¥927.2 billion in March versus ¥906.0 …
Read More »The German DAX Gives up Some of its Gains
0.0 00 Points to consider with the German DAX 30: The DAX 30, was, at one point, down one percent on the day. German stocks remain bullish. No major German economic news on the docket. The …
Read More »Traders Eyeing above 16,500 on the Nikkei
0.0 00 Points to consider with the Nikkei 225: The Nikkei is above 16,500 and this key level returns back to support. Traders should take the exchange to the range top. Gains appear to be corrective. …
Read More »Japan’s Yen Eyes 110.60 and Higher
0.0 00 The USD/JPY Forex pair has been inching higher since trying to test the key handle near ¥105. The Dollar has since found some support and has made a recovery higher. However, the overall bearish …
Read More »Short Kiwi Dollar Sale now in Play
0.0 00 NZD/USD (0.6753) Points to consider in this Kiwi Dollar Forex market: The Kiwi Dollar is now trading below trend line support. Points to a possible double top in play. Short sale triggered aiming for …
Read More »Australian Dollar hits a 2 Month Low
0.0 00 Points to consider in this Australian Dollar Forex market: Australian Dollar now trading at a two month low against the US Dollar. The Support levels below 0.73 now in focus. Risk to reward parameters …
Read More »Waiting on a Short Aussie Dollar Sale
0.0 00 AUD/USD (0.7356) Points to consider in this Aussie Dollar market: Aussie Dollar continues to move lower and is now below the 0.74 handle. Risk to reward parameters are not quite right for a short …
Read More »EUR/GBP – Short Euro Sale Back on the Books
0.0 00 Points to consider in this euro Forex market: The euro has broken back below a monthly channel resistance. Dominant trend in this market is still bearish. Euro gains are seen as corrective at this …
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