0.0 00 Marc Stanley, a well know Texas attorney is taking Ford (F: NYSE), Toyota and General Motors (GM: NYSE) to court. He filed the class action suit in San Francisco Federal Court overnight claiming car …
Read More »USD/CHF – The Dollar Rallies for Nine Straight Days
0.0 00 USD/CHF (0.9985) Resistance Levels: 1.0130, 1.0312, 1.0605 Support Levels: 0.9988, 0.9840, 0.9660 Trade Strategy: Stand Aside The USD/CHF has seen nice days of gains. Looking at the below daily MT 4 chart, we see …
Read More »USD/JPY—Looking to Challenge December’s High
0.0 00 USD/JPY (121.884) Resistance Levels: 122.34, 123.87, 125.85 Support Levels: 120.81, 119.50, 117.18 Trade Strategy: Stand Aside The Dollar is moving higher and taking out key resistance levels in the USD/JPY market. This is a …
Read More »Consumer Inflation Speeds up in China
0.0 00 China has just released some decent economic data, for a welcomed change. Consumer inflation, for February, moved higher in the month of February. This is a recovery from the five month low in January. …
Read More »EUR/USD—Waiting on another Short Euro Trade Opportunity
0.0 00 EUR/USD (1.0799) Resistance Levels: 1.0970, 1.1184, 1.1317 Support Levels: 1.0795, 1.0622. 1.0409 Trade Strategy: Flat. Waiting for bounce for short euro trade. Looking at the below daily MT 4 chart, we note two things …
Read More »USD/CAD—Long Trade Entered at 1.25, Will activate on a Pullback
0.0 00 USD/CAD (1.2599) Resistance Levels: 1.2647, 1.2828, 1.2972 Support Levels: 1.25, 1.2355, 1.2228 Trade Strategy: Pending Long Trade to Activate when Price Hits 1.25 The USD/CAD is ready to advance again. The US Dollar has …
Read More »Federal Reserve Policy Maker Jeffrey Lacker Calls for Higher Rates
0.0 00 The one thing we have to hand to the Federal Reserve (Fed) is its ability to muddy the waters and confuse investors and analysts. We can never get a handle on what Janet Yellen …
Read More »GBP/USD—Now Support Just Below the Pivot at 1.52 Fails
0.0 00 GBP/USD (1.5060) Resistance Levels: 1.5180, 1.5321, 1.5470 Support Levels: 1.5550, 1.5045, 1.47 Trade Strategy: Stand Aside The British Pound has fallen against its US Dollar counterpart. Please see the below daily MT 4 chart …
Read More »USD/CAD Technical Analysis March 9, 2015
0.0 00 The USD/CAD pair broke higher during the course of the session on Friday, testing the very top of the descending triangle that we have been bouncing around in. Because of this, it appears the …
Read More »Han Solo- aka Harrison Ford- Battered after Plane Crash
0.0 00 Actor Harrison Ford, well known for playing Indiana Jones and Han Solo in Star Wars, was hurt when his plane crashed at a California golf course. He was the pilot. The 72 year old …
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