0.0 00 The AUSUSD currency pair is currently trading in a downtrend at 0.816 range. Looking at the daily we see that the pair has actually moved up over the past couple and this chart could …
Read More »Video Analysis – EUR/USD January 12, 2015
0.0 00 Looking at the EUR/USD pair during the Friday session, you can see that we fell below the 1.18 level, but then found our footing to bounce back above that level and form a bit …
Read More »USD/CAD Technical Analysis – January 12 2015
0.0 00 The USD/CAD pair broke higher during the course of the session on Friday, using the 1.18 level as support. With that being the case, it appears that we are ready to continue the next …
Read More »Will a Strong Dollar and Weak Oil Hurt U.S. Corporate Earnings?
0.0 00 Investors are about to turn their attention to corporate America as the market is getting ready for a deluge of fourth quarter earnings. However, we have seen the price of crude oil plunge and …
Read More »GBP/JPY—Treading Water Below ¥180
0.0 00 GBP/JPY (179.325) Resistance Levels: 180.70, 181.64, 183.20 Support Levels: 179.40, 178.45, 176.90 Trading Strategy: Stand Aside The GBP/JPY continues to digest recent losses just below the key technical handle of ¥180 and just above …
Read More »Indonesia Raises Airfares. Will it help?
0.0 00 Why is Indonesia raising airfares? They say it is a bid to improve safety records, but the bottom line it is a senseless move that could cause more harm than good. Indonesia has just …
Read More »GBP/USD Technical Analysis January 9, 2015
0.0 00 The GBP/USD pair fell initially during the session on Thursday, but as you can see turned things back around to form a nice-looking hammer by the end of the day. We got as low …
Read More »US Retail Giant Macy’s to Close 14 Stores
0.0 00 Overnight, retail giant Macy’s (M: NYSE) announced they were going to shutter more than a dozen of their stores as well as incur as charge of nearly $110 million. After the announcement shares of …
Read More »Video Analysis – EUR/USD January 9, 2015
0.0 00 Looking at the Friday session, without a doubt the only thing that’s going to matter is the nonfarm payroll numbers. With that being the case, I am looking at the EUR/USD pair as it …
Read More »EUR/GBP—Setting up a Short trade at 0.7840
0.0 00 EUR/GBP (0.7822) Trade Strategy: Short at 0.7840 Resistance levels: 0.7869, 0.7890, 0.7925 Support Levels: 0.7805, 0.7760, 0.7728 The euro is getting ready to move lower against the British Pound once again. Let’s look at …
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