Strategies

USDJPY Daily Analysis - March 3, 2014

USDJPY broke below 101.38 support, indicating that the uptrend from 100.75 had completed.

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Trading India’s Continuing Climb Higher

Has India (INDY, quote) begun to turn?  India’s Sensex and Nifty moved higher for the past 4 sessions despite a shorten trading week on account of Mahashivratri (Thurday).

Bullish tone for gold set to continue

Gold’s recent bullish momentum appears to be holding firm for the time being, and indeed February has been a positive month with only minor pullbacks and reversals denting the move higher.

Short Term - AUDUSD Daily Analysis - February 28, 2014

After touching 0.8906 support, AUDUSD rebounded to 0.8971, indicating that the pair remains in consolidation of the uptrend from 0.8660.

GBP/USD Forecast February 28, 2014, Technical Analysis

The GBP/USD pair fell during the session on Thursday, only to turn back around and form a hammer for the second day in a row.

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USD/JPY Forecast February 25, 2014, Technical Analysis

The USD/JPY pair initially fell during the session on Friday, but as you can see found enough support at the 102 level in order to go higher and form a hammer yet again.

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