0.0 00 The GBP/USD pair initially fell during the session on Tuesday, but as you can see found enough support to form yet another hammer. Judging by the way this pair is acting, and the fact …
Read More »Video Analysis – EUR/USD January 14, 2015
0.0 00 The EUR/USD pair fell again during the session on Tuesday, but again found support just below the 1.18 level. As we are getting close to the end of the day, it appears that we …
Read More »Alibaba Gets Ready to Hit another Milestone
0.0 00 There are reports emerging that Alibaba (BABA: NYSE) is close to reaching a deal to link the world’s two largest and fastest growing e-commerce markets. Yes, we are talking about China and India. This …
Read More »EUR/USD—Waiting on that Bounce to Happen
0.0 00 EUR/USD (1.1783) Trading Strategy: Stand Aside Resistance Levels: 1.1870, 1.2040, 1.2245 Support Levels: 1.1750, 1.1678, 1.1560 The euro showed some potential bullish signals earlier this week but those did not materialize. However, on the …
Read More »Video Analysis – AUD/USD January 13, 2015
0.0 00 Looking at the AUD/USD pair , you can see that we have had a fairly negative session right off the bat on Monday. We did find a little bit of support at the 0.8150 …
Read More »GBP USD Technical Analysis January 13
0.0 00 The GBP/USD pair initially fell during the course of the session on Monday, dipping as low as 1.51 during the pullback. However, you can see that the buyers stepped back into the marketplace, and …
Read More »Impressive Data out of China, but, they Still Need Monetary Easing
0.0 00 Today’s data out of China showed improving trade data for the month of December after the poor release in November. This indicates the Chinese economy could start off 2015 on a solid foot. Still, …
Read More »Hacker Wars: The Saga Continues as the US Central Command is Attacked
0.0 00 Would appear the hacker Wars are still in full swing as the Twitter (TWTR: Nasdaq) account for the U.S. Central Command was hacked yesterday by a pro-ISIS cyber terrorists. At 12:29 EST, the first …
Read More »USD/JPY—Looking to Move below the Pivot at ¥118
0.0 00 USD/JPY (¥118.259) Resistance Levels: 119.40, 120.80, 121.90 Support Levels: 117.90, 117.05, 115.50 Trading Strategy: Stand aside The USD/JPY continues to trade in a tight range just below the key pivot at ¥120 and …
Read More »Gold – Midterm to Longterm forecast is Bearish
0.0 00 Trader alert! As the USD is increasing in strength we will see the alternative currencies such as Euro, Yen, Loonie, Pound, Auzzie, and Kiwi drop in value. In addition, we will see the the …
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