GBP/USD Long-Term Uptrend (March 27, 2014)
GBP/USD has shown momentum in crrying on with its ongoing uptrend, as it bounced off support on the rising trend line connecting the lows on the 4-hour time frame.
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EUR/USD Channel Support Retest (March 24, 2014)
EUR/USD recently broke below a key support zone around the bottom of the rising channel on the 1-hour time frame and the 1.3800 major psychological level.
EUR/USD Uptrend Line Bounce (March 20, 2014)
EUR/USD is moving in an uptrend, as seen on its 1-hour time frame. It is making a test of the rising trend line connecting the lows of the price while stochastic is in the oversold zone.
USD/JPY Resistance Turned Support March 12, 2014
USD/JPY might be in for a quick pullback to an area of interest before resuming its rally.
Resistance Turned Support on GBP/JPY January 24, 2014
GBP/JPY has made a stellar rally in the past few trading days, thanks to improved fundamentals in the UK.
EUR/USD Reversal Pattern – January 22, 2014
EUR/USD’s recent selloff might soon be over, as the pair formed a double bottom on its 1-hour time frame.
NZD/USD Countertrend Play January 21, 2014
NZD/USD is forming a rising channel on its 1-hour time frame, after having bounced off the bottom near the .8200 major psychological support.
Gold bugs cheered, but for how much longer?
The last two weeks have been positive ones, and not just for equities, as gold bugs finally found something to celebrate with a return of some much needed bullish momentum.
Is Now A Good Time To Take Some Profit Off The Table?
A stock market strategist who I trust and respect is advocating that investors take some money off the table and book profits from U.S. equities.
Where next for YM Emini index futures?
For longer term traders in YM futures, the index in April has continued the pattern of trading that we saw during the second half of March, with the Emini contract trading in a tight range, closing the week following the NFP data, at 14,484, and back in this area once again.