Fundamental and technical factors are both indicating that the Australian Dollar may have reached a top and could be setting up for the start of a long-term decline. This is especially evident on the monthly Euro/Australian...
Read MoreThe September Swiss Franc is holding steady overnight in light, range-bound trading. The currency has been consolidating since last week after reaching its highest level since July 5. The move in the market has been mirroring...
Read MoreTwo weeks after the September Euro fulfilled the first objective of its closing price reversal from the recent main bottom at 1.2051, the futures contract continued higher, first mounting a challenge of the Fibonacci retracement...
Read MoreOrange Juice futures will be the market to watch next week as speculation is growing that Tropical Storm Isaac will strengthen into a hurricane and hit the prime citrus-rich growing area on the south coast of Florida. Although...
Read MorePlatinum futures continued to soar this week, reaching their highest level in more than three months on news of production disruptions at a large South African platinum mine. October Platinum futures rose to $1563.50 in the...
Read MoreThe technical picture improved for the daily September British Pound on Tuesday when the currency broke through a pair of former tops at 1.5767 and 1.5773. The move wasn’t met with much enthusiasm, however, as it entered a...
Read MoreThe September Euro is breaking out over the resistance line of triangle chart pattern, perhaps setting the tone for a bullish trading day. In addition to the trend line, the single currency is currently approaching a previous...
Read MoreDespite the Euro’s short-covering rally triggered by positive comments from European Central Bank President Mario Draghi three weeks ago, the move amounted only to a little more than 50% of the last swing down from 1.2747...
Read MoreThis week’s failed rally in the September Euro indicates that investors are losing confidence that the European Central Bank will deliver the additional stimulus needed to fulfill a pledge by its President Mario Draghi....
Read MoreThe September Euro extended its gains early in the trading session on the heels of surprisingly impressive U.S. employment numbers before reversing to the downside. Volatility remains high so traders should do their best to make...
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