0.0 00 USD/JPY (¥118.148) Strategy: Stand Aside Resistance Levels: 119.50, 120.80, 121.90 Support Levels: 117.65, 115.50, 113.50 The USD/JPY Forex pair continues to trade quietly as it is consolidating recent gains. If you note the below …
Read More »International Consolidated Airlines Group Buys Aer Lingus for £1 Billion
0.0 00 International Consolidated Airlines Group, or IAG, (IAG-GB) has finally, after months of trying, bought Irelands Aer Lingus (EIL1-IE Irish Stock Exchange) for £1 Billion or nearly $1.5 billion in cash. Investors are now going …
Read More »Video Analysis – USD/CAD January 26, 2015
0.0 00 Looking at the USD/CAD pair after Friday’s trading, you can see that we formed a bit of a shooting star. However, this does not constitute a selling opportunity in my opinion, rather just a …
Read More »EUR/USD Technical Analysis – January 26 2015
0.0 00 The EUR/USD pair broke down during the session on Friday, as the Euro continues to struggle overall. That being said, we did bounce significantly towards the end of the day which ended up forming …
Read More »Syriza Party’s Win Will Keep Markets on the Edge
0.0 00 The risk of a sovereign debt default in Greece has increased. The far left anti-austerity party Syriza has won the elections. This victory will increase the probabilities that Greece will exit the Eurozone. This …
Read More »EUR/USD- The Euro Rout Continues, but Standing Aside on a Short… for now
0.0 00 EUR/USD (1.1172) Strategy: Stand Aside Resistance Levels: 1.1415, 1.15, 1.1515 Support Levels: 1.1125, 1.0990, 1.0550 The euro continues to lose value against the US Dollar. Last week, we saw its biggest intraday, then daily …
Read More »Video Analysis – EUR/USD January 23, 2015
0.0 00 Looking at the EUR/USD pair for the upcoming Friday session, you can see that we have in fact fallen rather drastically. The European Central Bank has announced more quantitative easing in the form of …
Read More »NZD/USD Technical Analysis – January 23 2015
0.0 00 The NZD/USD pair went back and forth during the session on Thursday, as we continue to look fairly soft in this market. The 0.75 level below is massively supportive in my estimation, so it …
Read More »Saudi King Abdullah bin Abdulaziz Al Saud Dies
0.0 00 Saudi Arabian King Abdullah bin Abdulaziz Al Saud has passed away at the age of 90. The state owned television just reported this news a little while ago. Crown Prince Salman bin Abdulaziz will …
Read More »EUR/JPY—The Euro Stalls Just above ¥137 and Collapses
0.0 00 EUR/JPY (¥134.487) Trade Strategy: Stand Aside Resistance Levels: 135.45, 137.65, 139.20 Support Levels: 134.05, 131.85, 130.10 The euro did see a brief recovery here then stalled above the key pivot at ¥137before collapsing against …
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