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The yen is on a trending channel, and recently got to the upper part of it. After an attempted break-out, the market quickly reversed, which was marked as supply by a purple dot above the candle....
Good morning. Hope all is well! We seem to have had a good forecast for yesterday with a 71% accuracy on our directions. On some instances markets did however violate our blue zones but later moved in...
GBP/USD Open 1.5167 High 1.5219 Low 1.5086 Close 1.5177On Wednesday pound/dollar increased with 130 pips. The able appreciated from 1.5086 to 1.5219 yesterday, in line with the positive money flow...
Chris looks at the upcoming Wednesday session in the EUR/CAD currency pair, as the euro continues to show strength. The pair could be the best way to play EUR strength.Below you may find the video
Possible positions for this week The Ranking and Rating list looks a lot better than last week showing more possibilities. Positions have been opened for the GBP/JPY and profit was made on 1 position....
Australia 200 for Wednesday, May 6, 2015To start this new week the Australia 200 index has continued on from last week by trading right around the key 5800 level. After making another solid run at the...
AUD/USD INTRADAY CHART BIAS: Am expecting losses to resumeResistance: 0.7955-68 0.7980-85 0.8006 0.8020-25Support: 0.7915 0.7888 0.7860 0.7840-45MAIN ANALYSIS: The expected correction higher was...
The U.S. economy is in trouble. After expanding at a modest 2.2% in the 4th quarter, economic growth dimmed to a scant 0.2% in Q1 of 2015. Yet privately, many are acknowledging the likelihood that...
Did you hear that Greece’s financial woes are in the news again?If there was an award for “Least Surprising Economic Development of the Last Half Decade,” the above question would be...
Talking Points The EUR/USD has bounced off of today’s S4 pivot Price is currently below range resistance at 1.1173 A breakout above R4 would signal a bullish breakout (Created using...
The morning half of the North American trading session has been a bit mixed this morning as US and Canadian data releases weren’t making investors feel too sure of themselves. The Trade Balance...
The trade-weighted US Dollar Index's impressive run ended with a nearly 2% decline in April, the worst monthly performance since September 2013. Weaker than expected US economic data in the first...
Yesterday, we received confirmation that the U.S. manufacturing sector is recovering, with growth of 2.1% in Factory Orders for March. The USD/CAD pairing has remained relatively stationary since...
HBO’s epic “Game of Thrones” series, based on the books by George R. R. Martin, has captured the world’s imagination with its massive scale and brutal violence. In some ways,...