Author: James Hyerczyk

The March Euro futures contract is trading lower overnight after testing Fibonacci resistance for the fifth consecutive day at 1.3204. On the downside, the 50 percent retracement level of the 1.3581 to 1.2627 at 1.3094 is the...

Weak U.S. economic data is triggering a flight-to-safety rally, driving investors into the March Japanese Yen. After meandering inside of a tight range for several months, the Yen finally broke through the November 18 top at...

Optimism over a possible breakthrough in the debt restructuring negotiations with Greece sent the Euro higher overnight leading to spillover strength in the March British Pound. Coupled with the news that U.K. consumer...

The U.S. Dollar is trading higher against the Swiss Franc for the first time in several days as weakness in the Euro is dragging down all higher-yielding currencies. This morning’s weakness in the Euro is being blamed on...

Last week’s climactic closing price reversal bottom in March Natural Gas may be signaling the start of a 2 to 3 week rally equal to at least 50 percent of the last break from 3.7410 to 2.2890. Depending on whether this...

The March Euro futures contract changed its trend to up on the daily chart on Wednesday after it broke through the January 3 swing top at 1.3085. The subsequent follow-through rally has put the market in a position to test a...

The March Swiss Franc is trading lower overnight. Last night’s rally to 1.0755 fell short of breaking out over the last swing top at 1.0768. A trade though this level would have turned the main trend up on the daily chart...