0.0 00 Universal Pictures, a unit of Comcast (CCV: NYSE) long waited movie, Fifty Shades of Grey, has finally hit movie theatres. The adaptation of a best-selling novel depicting a business man’s kinky relationship with a …
Read More »EUR/USD—Continues to Digest Losses but will Short on a Bounce Higher
0.0 00 EUR/USD (1.1417) Resistance Levels: 1.1532, 1.1660, 1.1830 Support Levels: 1.1275, 1.1185, 1.0969 Trade Strategy: Stand aside, enter short EUR trade on bounce higher The euro is consolidating after hitting a bottom. On the daily …
Read More »USD/CHF—Trading in a Narrow Range
0.0 00 USD/CHF (0.9278) Resistance Levels: 0.9320, 0.9415, 0.9570 Support Levels: 0.9190, 0.9098, 0.8945 Trade Strategy: Stand Aside The USD/CHF has stalled just below the key pivot at 0.93. We are trading in a tight trading …
Read More »Stocks Valued Nicely for One’s Portfolio, Including McDonald’s
0.0 00 Every so often, I comb through different companies looking for value and bring them to your attention. Today, is no different. Let’s look at Monsanto (MON: NYSE), Flextronics (FLEX: Nasdaq) and Thermo Fisher (TMO: …
Read More »Is Apple Inc. Worth More than the Russian Stock Market? Yes
0.0 00 The maker of iPhone, Apple (AAPL: Nasdaq) recently stunned Wall Street with blow out earnings. Sometimes, one has to wonder if their Chief Executive Officer, Tim Cook or their chief financial officer really know …
Read More »AUD/USD Technical Analysis – February 12 2015
0.0 00 The AUD/USD pair broke down during the session on Wednesday, as the 0.7750 level finally gave up lifting the market. That being the case, the market looks as if it’s heading towards the 0.76 …
Read More »Video Analysis – EUR/GBP February 12, 2015
0.0 00 Looking at the EUR/GBP pair, you can see that at the 0.74 level we are starting to form a hammer. This of course suggests that we could get a little bit of a bounce …
Read More »Unemployment in Australia Spikes Higher as the AUD Sinks
0.0 00 In January the Australian economy shocked markets as it lost jobs pushing the unemployment rate to a 13 year high. This sent the Australian Dollar sinking. The Australian Bureau of Statistics reported today that …
Read More »USD/JPY—Looking for a Chance to Make a Trade, Dollar Moves Higher
0.0 00 USD/JPY (¥120.216) Resistance Levels: 120.80, 121.90, 123.87 Support Levels: 118.90, 118.05, 116.75 Trade Strategy: Stand Aside The Dollar continues to move higher as the USD/JPY increases in value. Please see the below daily MT …
Read More »Video Analysis – GBP/USD February 11, 2015
0.0 00 Looking at the GBP/USD pair, you can see that we tried to fall little bit during the session on Tuesday, but we continue to hang about the 1.52 level. This is an area that …
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