The Pattern, Price & Time Report

Looking at the big picture, it appears the daily June Australian dollar has met a wall of resistance at a pair of tops at 1.0380. In addition, downtrending Gann angle resistance is also at 1.0380...

The EUR/USD finished sharply lower to end the week as investors reacted to the rise in Spanish debt yields to their highest levels in months and to weak data on U.S. consumer sentiment. Disappointing...

Last week's U.S. Dollar/Canadian Dollar, symbol USD/CAD, had an interesting chart pattern. Based on the main range of .9406 to 1.0667, a retracement zone has been created at 1.0031 to .9884. Since...

Equity markets and the U.S. Dollar traded lower after the government reported that the U.S. economy added only a 120,000 jobs in March. This was the smallest increase in five months, bringing an end...

The June Swiss franc continued to weaken against the U.S. dollar overnight on Thursday after straddling a 50 percent price level on Wednesday. The dollar has been strong since Tuesday after the U.S....

The June euro is continuing to plunge overnight following Tuesday’s reversal to the downside. After turning the daily main trend to down on the move through 1.3257, the single currency blew...

June Gold is under pressure this morning after taking out uptrending Gann angle at $1660.60 and a swing bottom at $1646.70. In addition, the metal also broke through the March 22 bottom at $1629.80,...

The technical picture of the June euro futures contract is suggesting impending volatility. The tight range being woven between 1.3391 and 1.3257 may be a sign of indecision, but once traders choose a...

After reaching 1.0461 on Tuesday, the June Australian dollar reversed course to finish lower for the day. The move came as no surprise since the main trend is down and the market was nearing...

With the end of March coming up this week, it’s time to revisit the Nearby Euro Monthly chart. If you recall, in January the euro posted a low at 1.2637 while forming a closing price reversal...

The euro is posting a strong gain versus the dollar after earlier weakness. Intraday charts reversed to the upside on Monday after U.S. Federal Reserve Chairman Ben Bernanke warned that faster...

May Silver is trading firmer overnight following Monday’s strong surge to the upside. The rally in silver was fueled by dovish comments from U.S. Federal Reserve Chairman Ben Bernanke. The...

The June euro fought back after a weak start to finish higher for the week and in a position to break out above a major downtrending Gann angle and retracement zone resistance cluster. Once the single...

The expected sharp break in April Gold didn’t materialize last week as a big buyer stopped the market 50 cents under the Fibonacci price level. After consolidating for several days, April Gold...

Based on the main range of $26.27 to $37.58, a key retracement zone has been created at $31.93 to $30.69. With the market currently trading on the weakside of $31.93, traders should look for selling...

The daily June E-mini NASDAQ market confirmed Wednesday’s closing price reversal top when it broke through 2730.00. The market is now set up for a 2 to 3 day break equal to at least half of its...