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EUR/USDThe dollar fell against the euro and most other currencies on Tuesday after investors locked in gains from Monday's better-than-expected manufacturing report and sold the greenback for profits....
US NFP is perhaps the most important release for the Forex market for the month, or for the year, as a stronger release should solidify speculation for Fed tapering, especially after the much8:30am...
EUR/USDTrading range: 1.3605 - 1.3530Trend: NeutralSell at 1.3594 SL 1.3626 TP 1.3544USD/JPYTrading range: 102.30 - 103.00Trend: NeutralBuy at 102.44 SL 102.12 TP 102.89 GBP/USDTrading range: 1.6410 -...
GBP/USD Open 1.6386 High 1.6438 Low 1.6345 Close 1.6387On Tuesday the GBP/USD increased with 90 pips. The Cable appreciated from 1.6345 to 1.6438 yesterday, in line with the positive money flow...
The run up to 168 has been both enjoyable and impressive at the same time. However with 168 being a key level (and the 38.2% retrace on longer-term charts) I am seeking evidence of a potential...
Australian economic growth disappointed in the third quarter, coming in below expectations and producing an immediate fall in the Australian dollar. Gross domestic product grew 0.6 percent in the...
On EUR/NZD I see five waves up in leading diagonal followed by a five wave decline from 1.6840 which is first leg of minimum three wave retracement. As such, wave (b) retracement back to 1.6590-1.6700...
Dollar Tumbles as Risk Appetite Slides Yen Crosses Stumble but Have Yet to Reverse Australian Dollar Mixed Bag after RBA, Now for 3Q GDP Dollar Tumbles as Risk Appetite Slides Risk appetite was on...
The Cool Video below is my appearance on Fast Money this past Monday (Dec 2) discussing the Bitcoin. I suggest that there may be a role for digital currencies, of which Bitcoin is simply the best...
Market CommentaryUnable to hold to Monday gains, the Dollar Index again tests critical support of 80.50 ranges. DX is trading sideways with the short term trend still range bound between 81.60 and...