Daily December Euro Pattern, Price & Time Analysis The December Euro appears to be “resting” this morning as traders anticipate the release of the Euro Zone plan to perhaps solve the debt crisis that has been...
Read MoreThe secondary higher-bottom formed in December Silver at 29.93 is a strong sign of renewed buying. The subsequent four-day rally has put the market in a position to take out the recent swing top at 33.10. A trade through this...
Read MoreDaily December Canadian Dollar Pattern, Price & Time Chart The December Canadian Dollar is trading sharply lower at the mid-session after the Bank of Canada cut its economic growth outlook and altered its position on...
Read MoreDaily USD CHF Pattern, Price & Time Analysis The USD CHF main trend has turned decisively lower on the daily chart. Breaking two main bottoms at .8918 and .8881 may be giving bearish traders the confidence to begin to press...
Read MoreDaily December Cocoa Pattern, Price & Time Analysis by James A. Hyerczyk December Cocoa is showing signs of life. After reaching a bottom at 2523 on October 18, the market has embarked on a five day rally, setting up a...
Read MoreAfter riding the wave of the weaker Dollar, the British Pound may have temporarily reached the end of its rally this morning. In light trading, the GBP USD attempted to continue its almost month long rally with a drive through a...
Read MoreAfter briefly poking above the August 19 top at 1.3180, the December Japanese Yen failed to attract any follow-through buyers, encouraging a retreat from the all-time high at 1.3216 and causing many traders to wonder what last...
Read MoreA surprise rise in U.K.retail sales in September has triggered a strong surge this morning in the December British Pound. Last month’s figure was reported at 0.6%, this was a complete reversal of the dismal 0.4% decline...
Read MoreThe December Canadian Dollar is trading a little better this morning despite the news that the European bank reconstruction pact has apparently hit a snag. With the market headline driven at this time, traders are being a little...
Read MoreThe AUD USD is trading steady to lower overnight. The market has traded sideways since posting a potentially bearish closing price reversal top on Monday. The subsequent break on Tuesday confirmed the top, however, the currency...
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