Big Pippin

Well the majors were pretty quiet today but the charts are showing what could be the calm before the storm. Which pairs will breakout and where? Lets dive into those charts!

The majors finally eased up on the Buck a little bit today after having crushed the Dollar the past 5 days. The technicals point towards a retracement in favor of the Greenback but will it follow through with all the fundamental letdowns the US is showing right now?

The Dollar took a major blow as Big Ben talked about cutting rates to help the US economy. While inflation is still a concern, the Fed made it clear that boosting the economy was their number 1 priority.

The Dollar lost some good ground against the Euro and Sterling today, but even with the Dollar turmoils we may still have some good trades brewing. Let’s see what those charts are telling us today…

The majors stayed fairly quiet today but the charts give indication that we may see some big movements coming up soon.

The Dollar took a tumble against the Euro and Sterling after a horrible Philly Fed Index report. The Swissy and Yen stayed rangebound against the Buck but it looks like we may have an opportunity for some quick profits!

With the exception of the Cable, the majors made another range day as the Dollar continued to play see-saw with the other currencies. Let’s see if we can use this time to look at some possible scenarios for when the pairs break out of this range!

Surprise surprise- your boy Big Pippin is back after a nice, long, much needed vacation! As I sat back down and looked at the charts, I discovered that right now the markets look ugly! Let’s take a look and see if we can’t find something pretty.

Well the Dollar fought back with a vengeance as it surged strong against the Euro and the Swissy. Is the ECB really showing some weakness or is this just something short lived?

Although the Dollar took some blows against the Sterling and Yen, it seems like it may have found a foothold against the barrage its been taking from the Euro and Swissy.