0.0 00 The EUR/USD pair initially fell during the course of the day on Tuesday, but found enough support at the 1.13 level to turn things back around and form a hammer. Because of this, it …
Read More »Why are Hedge Funds Shorting the Nikkei?
0.0 00 One should be cautious when they see a fire that they walk over to it and pour gasoline on that fire. Hedge funds are doing something dangerous right now as they are turning short …
Read More »Switzerland’s Largest Bank, UBS, Doubles its Dividend
0.0 00 The biggest bank in Switzerland UBS AG (UBSG-CH) has announced they will double their annual dividend. They are marking their biggest payout since the credit crisis. However, they warned investors about the value of …
Read More »NZD/USD—The Kiwi Recovery Hits a Wall below 0.75
0.0 00 NZD/USD (0.7421) Resistance Levels: 0.7450, 0.7530, 0.7615 Support Levels: 0.7345, 0.7280, 0.7174 Trade Strategy: Stand Aside The Kiwi Dollar made some nice gains against the US Dollar after forming a Morning Star Candlestick. See …
Read More »Video Analysis – EUR/USD February 10, 2015
0.0 00 Looking at the upcoming Tuesday session you can see that the EUR/USD pair fell initially during the course of the session on Monday but bounced enough to form a little bit of a hammer. …
Read More »GBP/USD Technical Analysis – February 10 2015
0.0 00 The GBP/USD pair initially fell during the course of the day on Monday, but as you can see the 1.52 level has offered enough support to form a little bit of a hammer. If …
Read More »What About Gold in 2015? Is it Done?
0.0 00 The United States economy got some good news last week as the non-farm payroll report (NFP) came in strong. However, this hit gold on the chin. Some analysts, like myself, are getting ready to …
Read More »GBP/USD—Looking to Challenge the Resistance at the Channel Top
0.0 00 GBP/USD (1.5240) Resistance Levels: 1.5320, 1.5550, 1.5740 Support Levels: 1.5180, 1.4978, 1.4805 Trade Strategy: Stand Aside Let’s look at the below GBP/USD daily MT 4 chart. The British Pound brief recovery stalled after hitting …
Read More »Video Analysis – USD/CAD February 9, 2015
0.0 00 Looking at the USD/CAD pair, you can see that we initially fell during the session on Friday, but found enough support near the 1.2350 region. The nonfarm payroll number has come out, and we …
Read More »USD/CHF Technical Analysis – February 9 2015
0.0 00 The USD/CHF pair had a fairly quiet session during the nonfarm payroll Friday, as the market simply went back and forth. That’s not a big surprise though, this is an area that we have …
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