0.0 00 Resistance Levels: 0.9755, 0.9920, 1.0187 Support Levels: 0.9427, 0.9212, 0.8998 Trade Strategy: Stand Aside The US Dollar is continuing to consolidate recent losses against its Swiss franc counterpart just below the pivot at 0.95. …
Read More »GBP/USD—The Pound Continues to Stall Below 1.50
0.0 00 GBP/USD (1.4833) Resistance Levels: 1.4826, 1.5092, 1.52 Support Levels: 1.4825, 1.4705, 1.4598 Trade Strategy: Stand Aside The GBP/USD has stalled after moving higher just below the key 1.50 pivot. Please refer to the below …
Read More »Angola Joins Venezuela as a Big Loser in the Fall of Crude Oil
0.0 00 The selloff in the price oil has been a strong economic boost for US consumers. Especially as they are saving at the pump and spending more. They are also saving more money, which is …
Read More »USD/JPY: The Dollar Takes a Break above the ¥119 Pivot
0.0 00 USD/JPY (119.271) Resistance Levels: 119.65, 120.80, 121.85 Support Levels: 118.92, 118.20, 117.28 Trade Strategy: Stand Aside The US Dollar could be gearing up to weaken even more against the yen. Price action has seen …
Read More »Daily Video: EUR/USD—The Euro’s Pullback Stalls at the Trend Line Support
0.0 00 The EUR/USD moved higher last week after the appearance of a piercing line candlestick. However, my outlook for the euro remains quite bearish. Please refer to the below daily MT 4 chart. Note the …
Read More »Samsung and Blackberry to Work Together Closely
0.0 00 The Korean electronics giant and maker of the Galaxy smartphones, Samsung, has been in the news quite a bit lately. With the announcement of their new flagship phone, the Galaxy s6 to ever rising …
Read More »EUR/GBP—Short Euro Trade Initiated at 0.7324
0.0 00 EUR/GBP (0.7322) Resistance Levels: 0.7385, 0.7444, 0.7545 Support Levels: 0.7259, 0.7180, 0.7054 Trade Strategy: Short at 0.7324 with initial target of 0.7259 The EUR/GBP looks to be turning lower. Please note the below daily …
Read More »USD/CAD—The US Dollar Continues to Bounce up fro the Range Floor
0.0 00 USD/CAD (1.2426) Resistance Levels: 1.28, 1.2970, 1.3159 Support Levels: 1.2380, 1.2207, 1.2015 Trade Strategy: Stand Aside It is the same old story for the US Dollar in the USD/CAD Forex pair. We are stuck …
Read More »Are the Days of Making Easy Money at Apple are Ending
0.0 00 Apple (AAPL: Nasdaq) has been on a meteoric climb since coming out with their new flagship iPhone. Their market cap is now more than $700 billion making them the world’s most valuable company. Is …
Read More »AUD/USD—Resistance at the Key 0.79 Pivot Continues to Hold
0.0 00 AUD/USD (0.7816) Resistance Levels: 0.7877, 0.8075, 0.8234 Support Levels: 0.7730, 0.7560, 0.7420 Trade Strategy: Stand Aside The Ozzie Dollar has moved lower versus it US Dollar counterpart. Looking at the below daily MT 4 …
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