Finding the ceiling on the USD/JPY
Despite the Bank of Japan (BOJ) intervention, there doesn't seem to be enough bullish sentiment to reverse the downtrend on the daily chart.… More…
The Euro continues to surge against the U.S. Dollar, recently breaking through the previous ceiling at 1.3334 which was the August 6 high.… More…
Despite the Bank of Japan (BOJ) intervention, there doesn't seem to be enough bullish sentiment to reverse the downtrend on the daily chart.… More…
The downtrend on the 30 and 60-minute swissy (I prefer the clarity of the 60-minute market trend) is still intact and as we all watch this pair sink below parity, I think many of us are thinking we'd like to short a bounce. But a bounce to where? … More…
The downtrend on the 30 and 60-minute swissy (I prefer the clarity of the 60-minute market trend) is still intact and as we all watch this pair sink below parity, I think many of us are thinking we'd like to short a bounce. But a bounce to where? … More…
The 15-minute AUD/USD has been trending higher despite a recent exhaustion just above 0.9180. This pullback is setting up a possible swing buy from either the top line of the 34EMA Wave but could extend lower to the uptrend line support of the Channel Up pattern.… More…
The AUD/USD rallied from 0.8911 to the current levels at 0.9107 through Wednesday. This steep ascent was caused by the Australian Dollar's strength over a very weak U.S. Dollar as U.S. equities rallied strongly throughout the trading day. … More…