0.0 00 Thanks to the unveiling of their new flagship Samsung Galaxy s6, shares of Samsung, are set to move higher as optimism of the tech giant’s smartphone lineup could break sales records. There area analyst …
Read More »AUD/USD—Waiting for Another Short AUD Sale to Develop
0.0 00 AUD/USD (0.7674) Resistance Levels: 0.7842, 0.8017, 0.83 Support Levels: 0.7715, 0.7560, 0.7466 Trade Strategy: Stand Aside The AUD/USD is looking to move higher. Please note that price action, on the below daily MT 4 …
Read More »EUR/USD—Buyers Test 3 Month Resistance Line
0.0 00 EUR/USD (1.0694) Resistance Levels: 1.0955, 1.1262, 1.1512 Support Levels: 1.0764, 1.0455, 1.0315 Trade Strategy: Stand Aside The euro rallied in the EUR/USD Forex market. Look at the below daily MT 4 chart and note …
Read More »Target to Raise Minimum Wage to $9/ Hour
0.0 00 The US economy is starting to get good news out of its labor market. Not only are they adding jobs at a solid pace, but wages are starting to move higher as well. This …
Read More »USD/JPY—The Dollar Remains Well Below the Key ¥122 Pivot
0.0 00 USD/JPY (120.312) Resistance Levels: 121.90, 123.87, 125.85 Support Levels: 120.80, 119.89, 117.18 Trade Strategy: Stand Aside As I am writing this, the Dollar fell a bit on news of wage hikes in Japan. While …
Read More »NZD/USD—The Kiwi is Trading Quietly Below 0.75
0.0 00 NZD/USD (0.7273) Resistance Levels: 0.7420, 0.7490, 0.7612 Support Levels: 0.7271, 0.7217, 0.7165 Trade Strategy: Stand Aside The Kiwi is still trading below the key 0.75 pivot after falling to its lowest price level in …
Read More »For the Sixth Month in a Row New Home Prices Drop in China
0.0 00 New home prices in China continue to fall. For the sixth month in a row China showed an annual decline in prices for the month of February. There is a tepid demand and sentiment …
Read More »EUR/USD—Looking to Short the Euro on any Recovery or Bounce Higher
0.0 00 EUR/USD (1.0604) Resistance Levels: 1.0622, 1.0795, 1.0970 Support Levels: 1.0407, 1.0060, 0.9712 Trade Strategy: Stand aside waiting for a short euro sale The charts in the EUR/USD are starting to get interesting. Let’s look …
Read More »GBP/USD—The Pound is Digesting Losses below 1.50
0.0 00 GBP/USD (1.4764) Resistance Levels: 1.4830, 1.5022, 1.5223 Support Levels: 1.4695, 1.4430, 1.4168 Trade Strategy: Short at 1.4925, initial target 1.4695 The GBP is trading below 1.50 quietly after turning lower against the US Dollar. …
Read More »Total to Sell their Stake in the North Sea
0.0 00 The French Oil conglomerate Total Global is looking to sell off its stake in the North Sea. They own part of one of the United Kingdom’s most promising natural gas fields. This could be …
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