0.0 00 Most of the internet world has been reading and affected by the cyber-terrorist attack on Sony Productions. The latest rumor/news (albeit from the FBI) is that there is a trace of the attack back …
Read More »Gold Pauses to Digest Losses
0.0 00 Gold (1198.13) The yellow metal has been struggling as of late with sellers putting downward pressure on the price action. Since breaking the support level at the bottom of the rising channel, gold has …
Read More »The S&P 500 Looks Vulnerable to Selling
0.0 00 S&P 500 (2061.23) The S&P 500 is now trying to move above the key technical handle at 2,067.90 but has lost momentum. With that comes the risk of selling pressure for today’s trading session. …
Read More »The BOJ Keeps Rates Steady but Changes its Economic Assessment
0.0 00 The Bank of Japan (BOJ) held its final monetary policy meeting, for 2014, today. They kept policy the same but raised its economic assessment as they are noting signs of strength with exports. The …
Read More »EUR/GBP—The Euro Falls Further Setting up a Trade Opportunity
0.0 00 EUR/GBP (0.78418) Resistance Levels: 0.7850, 0.7895, 0.7954 Support Levels: 0.7805, 0.7766, 0.7730 The euro looks to be resuming its decline that has been going on for some quite time. The euro took a brief …
Read More »Video Analysis: EUR/USD Sees Strong Support around 1.2250
0.0 00 The EUR/USD has lost significant ground yesterday. This was not an unexpected move, especially with what we heard from the Federal Reserve the day before. We see significant support coming up at 1.2250. A …
Read More »USD/CHF — Swissy in laddering to new heights
0.0 00 The USD has been battered in the last few weeks. With the announcement from the FEDs yesterday the US Markets all rose and the USD gained some strength. Looking at the USD/CHF we see that …
Read More »EUR/USD—The Euro Falls back Below 1.24 as Sellers Dominate
0.0 00 EUR/USD (1.2318) Resistance Levels: 1.2420, 1.2570, 1.2675 Support Levels: 1.2325, 1.2250, 1.2172 The Euro/Dollar currency pair has turned lower as the euro has lost value. Sellers have sent the EUR/USD back below 1.24 and …
Read More »The Fed Vows to Keep Rates Low but Changes its Language
0.0 00 The Federal Reserve Board (Fed) was expected to take a small step, yesterday, towards normalizing monetary policy and raising rates. However, Janet Yellen and Co. decided to keep some of its key language, like …
Read More »GBP/USD– Price Action Retreats Once Again
0.0 00 GBP/USD (1.5589) Resistance Levels: 1.5640, 1.5770, 1.5915 Support Levels: 1.5550, 1.5410, 1.5290 The Sterling has retreated, once again, as it remains mired in its long term trading range. Yesterday, we saw the GBP/USD decline …
Read More »