Author: Ryan Best

USDINX Above resistance mentioned yesterday This move, if confirmed with a close above the line, does not necessarily mean the down trend is over. I could just be a resting place before further… Great week of trading...

GBPCHF getting ready to put in Dragonfly daily candle If this is the bottom, retracement levels would be 1.6934, 1.7158 and 1.7377. My projection studies indicate that 1.6417 will be the actual… Great week of trading...

Here are a few trade ideas that you may want to pay attention to over the next few days. The first one is on the GBPJPY. I have been watching this pair with wonder of that last few days as it tagged… Great week of trading...

EURUSD danger, danger, danger As technical traders we are always looking for patterns and ways to capitalize on those patterns. Well here is one I couldn’t help but notice as I watched the EURUSD… Great week of...

In most fires, there is a critical point at which everyone runs from the building and the fire department shows up to put out the blaze or simply try to contain it. The same thing happens when things… Great week of...

This bounce ahead of support is really telling about the sellers in this latest pull back. It says, that at this point they are few and far between and they really don’t have it in them to hold on… Great week of...

DJIA makes a new high but closes below support line After toping yesterday’s high by only a few points, the index has slipped and closed below a rising trend line that was acting as support from… Great week of...

The CHF is keeping the pressure on by printing another new daily low for eight days straight and another day below last Decembers low for the sixth straight day. Parity is less than 300 points away,… Great week of trading...

USDINX Led by EUR, NZD and AUD, the USDINX has fallen and should soon test last years 75.91 support line. This area will be significant going forward. A close below here ushers in USD weakness that… Great week of trading...

The USDCHF is closing below support from last december, for the second day, opening the specter of more significant losses int he pair. Look for a small retracement before the losses become genuine… Great week of trading...