0.0 00 USD/JPY (¥117.905) Trade Strategy: Stand Aside Resistance Levels: 117.70, 118.85, 120.80 Support Levels: 116.95, 116.40, 115.80 The USD/JPY is setting itself up for steeper losses as the Dollar is losing some steam in this …
Read More »Video Analysis – EUR/USD January 28, 2015
0.0 00 Looking at the Wednesday session, you can see that the EUR/USD pair has risen during Tuesday trading. This of course was exacerbated by the Core Durable Goods Orders number coming out lighter than anticipated …
Read More »USD/CAD Technical Analysis – January 28 2015
0.0 00 The USD/CAD pair fell during the course of the day on Tuesday, breaking the bottom of the hammer that informed on Monday. Technically, this means that the Monday candle has now become a “hanging …
Read More »Apple Stuns Wall Street with a Blowout Quarter
0.0 00 Yesterday, the maker of iPhone, Apple (AAPL: Nasdaq), announced its quarterly earnings. The numbers reported blew away, not only the company’s guidance, but analyst expectations. Apple sold nearly 9 million more iPhones than expected. …
Read More »Yahoo Sells its Stake in Alibaba
0.0 00 Late last night, Yahoo (YHOO: Nasdaq) announced they would spin off their massive stake in China’s internet e-commerce giant Alibaba (BABA: NYSE). This could save the job of their embattled CEO Marissa Mayer who …
Read More »GBP/USD—The British Pound is Trying to Push Higher after Finding a Bottom
0.0 00 GBP/USD (1.5164) Resistance Levels: 1.5160, 1.5270, 1.5290 Support Levels: 1.5090, 1.4980, 1.4890 The Sterling has found an interim bottom just below the key pivot at 1.50, and is attempting to push higher versus the …
Read More »Video Analysis – EUR/USD January 27, 2015
0.0 00 The Monday session in the EUR/USD pair initially gapped lower, but as you can see everything turned back around as the knee-jerk reaction was corrected. After all, the elections in Greece while not necessarily …
Read More »NZD/USD Technical Analysis – January 26 2015
0.0 00 The NZD/USD pair initially gapped lower at the open on Monday, but as you can see turned back around to shoot much higher during Asian and early European trading. Ultimately though, we could not …
Read More »Social Media Mess!! Facebook and Instagram go Down
0.0 00 Would seem two social media giants, Facebook (FB: NYSE) and Instagram went offline for a brief period this morning in Europe, the Middle East and Europe. The outage affected both desktop and mobile sites. …
Read More »Microsoft’s Earnings Slide and So Does its Stock Price
0.0 00 Yesterday, the technology and software giant Microsoft (MSFT: Nasdaq) came out with its earnings. They showed in a fall in quarterly profit in line with expectations. The slowdown in computer sales has put downward …
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