0.0 00 The GBP/USD Forex pair moved higher as expected following a bullish setup on the daily chart. Then an Evening Star candlestick pattern formed and the Sterling moved lower. Please refer to the below daily …
Read More »GBP/JPY – The Sterling Drifts Sideways Against the Yen above ¥195
0.0 00 GBP/JPY (195.098) Support Levels: 193, 191.44, 188.95 Resistance Levels: 195.47, 197.50, 199.50 Trade Strategy: Stand Aside The GBP/JPY continues to drift above the barrier at ¥195. This barrier has proven to be difficult for …
Read More »EUR/JPY – The Euro Still Trades Sideways Waiting on Greece
0.0 00 EUR/JPY (139.377) Support Levels: 137.50, 135.32, 133.55 Resistance Levels: 140.16, 141.50, 142.70 Trade Strategy: Stand Aside The EUR/JPY Forex market mirrors all the other euro traded markets. Traders are waiting on Greece. Will Greece …
Read More »Video: NZD/USD – Drifting Lower Looking Below 0.68
0.0 00 The Kiwi Dollar is once again drifting lower as sellers take aim below the 0.68 pivot. The NZD/USD Forex market has once again turned lower after taking a day to quietly consolidate. The NZD …
Read More »Is regulation damaging market liquidity?
0.0 00 Is regulation damaging market liquidity? Is regulation damaging market liquidity? Jun 22, 2015 : Post-crisis regulation is harming market liquidity, says Christopher Giancarlo, a commissioner with the Commodity Futures Trading Commission. He tells Philip …
Read More »After Invoking Taylor Swift’s Anger Apple U-turns
0.0 00 Apple, Inc. (AAPL: Nasdaq) has made an instant U-turn regarding royalties and their streaming music service after renowned pop star Taylor Swift said she would not deliver her 1989 album to the service. Swift …
Read More »NZD/USD – The Sellers Tire out Above the 0.68 Mark
0.0 00 NZD/USD (0.6914) Support Levels: 0.6870, 0.6785, 0.6680 Resistance Levels: 0.6955, 0.7060, 0.7125 Trade Strategy: Stand Aside The sellers are taking a breather in the NZD/USD Forex market. The Kiwi Dollar has paused, or certainly …
Read More »Want to Merge? Cigna Tells Anthem to Fork Over More Cash
0.0 00 Cigna (CI: NYSE) has been vocal that merging with Anthem (ANTM: NYSE) would be a good thing. Such a deal, when it happens will create a powerhouse to be reckoned with but it has …
Read More »GBP/JPY – The Sideways Trade Continues
0.0 00 GBP/JPY (195.323) Support Levels: 193.00, 191.44, 188.95 Resistance Levels: 195.47, 197.50, 199.50 Trade Strategy: Stand Aside The British Pound, better known as the Sterling, has taken a moment to digest recent meteoric gains against …
Read More »AUD/USD – The Ozzie Rallies then Fails at the Range Resistance
0.0 00 AUD/USD (0.7787) Support Levels: 0.7730, 0.7680, 0.7598 Resistance Levels: 0.7817, 0.7879, 0.7945 Trade Strategy: Stand Aside The AUD/USD tried to recover this week. We saw the Australian Dollar attempt to bounce higher but ran …
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