USAD continues to remain under pressure however a short term correction is possible. Euro/usa has taken out 1.4860 the former range top and a move to 1.5000 is very likely. Taiwan Index fund remains a very good buy while above...
Read MoreIn the trades for today we look at the SPDR-XLF ETF, AMD stock and the euro/usa and nzd/usa pairs in the currency market. With USA retail sales and the FOMC expect volatility. For a complete look at the trades for october 14,...
Read MoreUSAD Index remains under pressure to start the week and this is unlikely to change. AUD and NZD both holding most of there gains against the dollar and after a slight correction we should see further gains in the commodity...
Read MoreUSAD under pressure to start the week and this is unlikely to change. Euro/usa major support now at 1.4510 area and only a sustained break will take the pressure off the topside with a retest of the range top at 1.4860 very...
Read MoreLooking at the week ahead we have mixed signals on a number of pairs however the primary trend remains in place. Commodity currencies look to start the week strong again however unlikely to hold these gains. The USAD Index will...
Read MoreUsa/jyn is holding below 90.50 and a move lower is likely with a target still in the 88.00 range. Taiwan Index (EWT) has held above the Vantage Point 18 day EMA and the fund looks set to continue it’s move toward 14.00....
Read MoreUsa/jyn shorts still in play with key resitance now between 90.79 and 91.50. Euro/chf likely to start moving toward 1.5050 with 1.5125 blocking any attempt higher. For a complete look at market positions for September 29, 2009...
Read MoreUSAD Index showing signs of strength and this could see a number of the major pairs reverse. 1.4591 ( 18 day PMA from VP) is major support euro/usa and a sustained break of this area will take the pressure off the topside and...
Read MoreGold continues to move higher however very unlikely to hold onto it’s gains baased on real demand for the metal. Copper however as an alternative is likely to move much higher on the basis of real demand. In the forex...
Read MoreBroad based USAD strength could be very short lived as primary trends remain in place and key levels remain untested. 1.4526 is now major support euro/usa and the market did not even come close to testing this area today...
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