Author: Ryan Best

USDCAD has been responsive to the latest push higher in oil prices. I will again state the same concerns I have always stated about oil and the CAD. Higher oil supports the CAD but a higher CAD… Great week of trading...

As far as clear pictures go, this is one fo the best. A classic Double Top, accompanied by a Swing Failure of the RSI makes this one amazing day on the GBPJPY. MACD doesn’t show the bottom side in… Great week of...

The end of the year is always lively in the forex market, and this year it has created interesting patterns when looking at my daily forex analysis. Those that read the blog know I like high… Great week of trading topped...

Well, one holiday down and one more to go. I took the week off and am grateful I made it through Christmas. Sometimes you need a vacation just to recover from vacation. However, I really enjoyed the… Great week of trading...

The EUR has a bloody nose this morning as it continues to reel form the blow it took in Asia trade last night and the second punch from EZ markets this morning. The US hasn’t been as hard on the… Great week of...

The EURUSD has exrended around 635 points lower since printing a yearly high of 1.5143 last month. Here are the two ways you could look at this move. On the way up from 1.2455 yearly low, the average… Great week of...

After a brief move below the 50% retracement line from the November high to low move, the pair has moved back above and seems to be holding for now. The only big news from the forex calendar last… Great week of trading...

EURUSD looks like it now setting it’s sights on a corrective push lower. The daily chart is pushing toward a down trend status as price pushed lower than 1.4600 last night. In the last 30 minutes… Great week of...

When I opened my charts this morning to do my daily forex analysis and looked at the possible candidates for moves in the next few days, I was immediately drawn to the EURJPY. The sudden rise and… Great week of trading...

This pair may be showing signs of topping in this area. From a daily forex analysis point of view, I have mentioned that price on most currency pairs with the USD In them would close somewhere close… Great week of trading...