0.0 00 The Bank of Japan (BOJ) is getting ready to adjust its inflation rate lower. This decision could push the yen lower and towards its 13 year trading low. When you push out inflation targets …
Read More »GBP/JPY—Buyers Eying Resistance Levels below the ¥179 Pivot
0.0 00 GBP/JPY (178.764) Resistance Levels: 178.75, 179.95, 181.15 Support Levels: 177.25, 175.76, 174.88 Trade Strategy: Stand Aside The GBP/USD is moving higher as the Sterling is gaining some momentum. Buyers are looking to challenge the …
Read More »Daily Video: NZD/USD—Struggling with the Key Pivot and Swing High at 0.77
0.0 00 The Kiwi Dollar is struggling to go above the key pivot and swing high at 0.77 against the US Dollar. See the below daily MT 4 daily chart. Right now we see near term …
Read More »Indonesia’s Trillion Dollar Problem
0.0 00 Indonesia is now Southeast Asia’s largest economy thanks to an ever expanding economy over the last ten years. However there is a problem that could threaten to derail this progress. A trillion dollar problem …
Read More »GBP/USD—The Sterling Fails Just Above the Pivot at 1.50
0.0 00 GBP/USD (1.4884) Resistance Levels: 1.4990, 1.50, 1.5060 Support Levels: 1.4820, 1.4674, 1.4560 Trade Strategy: Stand Aside The Sterling slipped above the key pivot, as evident on the below daily MT 4 daily chart, and …
Read More »Video Analysis: AUD/USD—Two Month Old Range Top at 0.79 Continues to Hold
0.0 00 The AUD/USD continues to tread water in a tight trading pattern below the key pivot at 0.79. A close above the congestion area that runs from 0.7858 to 0.79 challenges the next technical resistance …
Read More »USD/JPY—Support Below ¥119 Back in Play
0.0 00 USD/JPY (118.849) Resistance Levels: 119.31, 119.85, 120.72 Support Levels: 118.87, 118.44, 117.90 Trade Strategy: Stand Aside The US Dollar has fallen against its yen counterpart. Please refer to the below daily MT 4 chart …
Read More »AirAsia and Sky Mark, a Deal Lost in Translation
0.0 00 Over the weekend the CEO of AirAsia, Mr. Tony Fernandes, announced his company lost the possibility of buying Japan’s defunct and bankrupt low cost carrier Sky Mark Airlines. Sky Mark was a low cost …
Read More »GBP/USD—Looking at the Resistance Below the Key 1.50 Pivot
0.0 00 GBP/USD (1.4967) Resistance Levels: 1.4989, 1.5060, 1.5174 Support Levels: 1.4797, 1.4710, 1.4564 Trade Strategy: Stand Aside The Sterling has moved higher against its US Dollar counterpart. Please see the below daily MT 4 daily …
Read More »Bentley and Porsche are not as Reliable as they Should be
0.0 00 Just because a car is really expensive does not mean it is efficient as it should be. If that were true then Bentley and Porsche would be smart cars. Right? Since both companies have …
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