Author: NULL

We took a nice long from 1.5480 to 1.5575 yesterday. We were hoping to test the trendline on the daily chart which I mentioned on Sunday but price didnt quite make it to the trend line. The 1 hour chart has now formed a bear...

The pair has breached the neck line of the daily head and shoulders pattern and also broken below the bear flag lower trendline bouncing off of the -138.2 and forming a bullish reversal signal. My suspicion is the GU may retrace...

The pair has breached the neck line of the daily head and shoulders pattern and also broken below the bear flag lower trendline bouncing off of the -138.2 and forming a bullish reversal signal. My suspicion is the GU may retrace...

Seems the analysts were caught off guard today after the Fed raised the discount rate from 0.5 to 0.75 AFTER MARKET HOURS..hmmm. In my humble opinion, this could very well prompt the YM to honor its technical...

Seems the analysts were caught off guard today after the Fed raised the discount rate from 0.5 to 0.75 AFTER MARKET HOURS..hmmm. In my humble opinion, this could very well prompt the YM to honor its technical...

So far, the GU has given us some very nice pips. See h4 chart. As expected, it broke below the lower trendline and continued down. We were able to book some profits and let the rest run anticipating 1.5500. Of course, we will be...

The eur/usd is still a very nice trade. We have retraced 50% of the 4 hr move and the dollar index seems to be cooperating:I dont think the dollar index is overbought yet. If we look at the DX 4 hour chart, we can see the price...

The eur/usd is still a very nice trade. We have retraced 50% of the 4 hr move and the dollar index seems to be cooperating:I dont think the dollar index is overbought yet. If we look at the DX 4 hour chart, we can see the price...

Some experts may believe the fundamentals set the stage for the direction of the currency market while others believe the technicals indicate the outcome of the economic data releases.If the fundamentals set the stage, then tell...

The EURUSD is still playing the short ball. Once below the 3575 area, my target of about 1.3500 should come into play.As for the GBP/USD, the longer the pair consolidates, the better plan B looks, although Plan A is definately...