S&P 500 Rebound Fails to Overturn Yesterday’s Bearish Technical Signal
Today’s rebound in the S&P 500 has failed to overturned yesterday’s bearish candlestick signal, hinting the safe-haven US Dollar will resume its advance after a...
Read MoreAuthor: FXCM Inc.
Dollar and Stocks Swing Wildly – Technicals to the Rescue
Despite the wild swings in late US trading, patterns on the US dollar crosses remain discernible and risk well...
Read MoreEuro Declines Following Spain Downgrade
The Euro continued its decline from an earlier rally after Moody’s downgraded Spain’s credit rating. However, the fall was tempered as markets had already priced in previous downgrades by S&P and...
Read MoreCurrencies Expected to Remain Under Pressure; Buck to Benefit
We continue to project additional upside in the Greenback over the coming weeks and recommend looking for opportunities to build into fresh USD longs…
Read MoreUS Dollar Index Offers Proxy to Dow Jones, Aussie to Copper Prices
The US Dollar’s (ticker: USDOLLAR) correlation to the Dow Jones Industrial Average continues to trade near record strength, offering a strong proxy for stock market positions. All the while, the Canadian Dollar’s...
Read MoreZEW survey: German economy worse than believed
During a clearly adverse economic climate, sentiment consensus is even worse than expected. More bad news from Europe’s largest economy…
Read MoreTechnical Outlook for Major Currencies – October 18, 2011
Some major price action on Monday with the markets putting in key reversal days that could suggest that the US Dollar is finally ready to mount another signigficant broad based...
Read MoreFresh Longs Recommended in US Dollar/Scandi Pairs
A daily overview of technical developments in the regional currencies. Take a look inside for the latest scoop on the Norwegian Krone and Swedish Krona.
Read MoreFOREX: Dollar, Yen Likely to Extend Gains as Stock Markets Drop Anew
The safe-haven US Dollar and Japanese Yen corrected lower overnight but appear poised to resume their advance as risk aversion grips markets in...
Read MoreMoody’s Warnings on France Expected to Weigh on Sentiment
Any positive reaction to the Eurozone plan is now starting to fade and broader macro themes of fear and contagion are starting to creep back...
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TraderPlanet’s Quick Guide to Candlesticks
