0.0 00 EUR/NZD (1.6002) The Euro-Kiwi is an exotic blend of two currencies. It is not one of the big pairs that everyone knows and watches to trade such as EUR/USD, USD/JPY, USD/CAD, GBP/USD. Yet it …
Read More »Video Analysis: USD/CHF Breaking its Downtrend? Maybe…
0.0 00 USD/CHF (0.9724) Resistance Levels: 0.9730, 0.9780, 0.9835 Support Levels: 0.9660, 0.9620, 0.9550 As expected the United States Dollar recovered versus the Swiss franc. The U.S. Dollar showed strength versus most of its Forex trading …
Read More »Gold – Wait and See with the USD rates
0.0 00 Today is expected to be either a ‘big’ day for the USD (with the FED determining rates) or a basic ‘as-is’ day on the markets. Because the announcement, markets are appearing almost stagnant. Looking …
Read More »EUR/USD—Waiting for Another Short Opportunity as the Euro Hits a One Month High
0.0 00 EUR/USD (1.2455) Resistance Levels: 1.2565, 1.2640, 1.2735 Support Levels: 1.2490, 1.24, 1.2338 The EUR/USD has been moving higher, hitting a new monthly high, since forming a bullish reversal signal, a Morning Star Candlestick, visible …
Read More »Apple Halts Online Selling in Russia as “Rublegeddon” Sets in
0.0 00 Yesterday, we reported on Russia’s surprise rate hike to 17 percent. They are fighting what some analysts are terming “rublegeddon” as the value of their currency is tanking and inflation is setting in. This …
Read More »USD/CAD—Charts Warn of a Possible Pullback Ahead
0.0 00 USD/CAD (1.1641) The Loonie, better known as the USD/CAD Forex pair has been on a nice recovery higher as of late. This rise looks threatened by the emergence a Dark Cloud Candlestick, visible on …
Read More »Daily Video—USD/JPY Searches For a Bottom as we Wait on the Fed
0.0 00 USD/JPY (¥117.034) Resistance Levels: 119.40, 120.40, 121.85 Support Levels: 117.35, 115.50, 113.50 The USD/JPY has been losing value as the Dollar lost momentum then turned lower. This occurred after the formation of a Three Inside Down …
Read More »EUR/USD Technical Analysis for the Week of December 15
0.0 00 The EUR/USD pair has been a bit choppy over the last several weeks, but as you can see the one common theme has been that the 1.25 level has offered a bit of resistance. …
Read More »AUD/USD — Stressed but markets are responding well
0.0 00 As we reported yesterday, we expected a stressful market reaction to the terrorist attack in Australia. Markets are by nature speculative and ‘finicky’ at times. As the market investors see risk in a country …
Read More »USD/JPY- Trying to Clear the Path to Below ¥116.00
0.0 00 USD/JPY (¥116.361) Resistance Levels: 119.40, 120.40, 121.85 Support Levels: 117.35, 115.50, 113.50 The USD/JPY has been losing value as the Dollar lost momentum then turned lower. This occurred after the formation of …
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