Technical Analysis

The Dollar once again lost some ground against the Sterling and Euro, but did manage to fight back against the Swissy and Yen. Could this be the beginning of a short term Dollar rally?

It’s been a while since I last posted, so as a “make-up” gift, I’ve made my posts prettier. I will have a new format which will feature a technical snapshot of the 4 majors and as always, my 2 cents about each pair. Hope you enjoy it!

The Dollar waved its finger at the Yen today and said “Oh no you didn’t” as it got revenge for its sorry defeat yesterday, rallying about 100 pips from 114.50 to around 115.50.

The Dollar took a dive against the Yen again as it fell 150 pips from 116.00 to 114.50 and is still dropping!

The Dollar was finally able to stop the momentum of the Euro and Sterling after the brutal beatings it took last week!

For the 2nd straight day the Sterling rallied strong against the Dollar, but it wasn’t all bad for the Greenback as it creamed the Yen for a nice 100 pips.

After some see-saw movements, the Euro and Sterling seem to have gained some footing as both currencies rallied strong against the Greenback today.

The Dollar is really finding momentum now, especially against the Sterling where it brought it down below the 2.0000 mark. The Cable hasn’t been below 2.0000 since June 26th!!

Oh say it ain’t so! That’s right folks. The Sterling rose once again against the Greenback and isn’t through yet. When will the Sterling finally give up?

After 5 straight trading sessions of Sterling rallies, the GBP/USD finally dropped after the release of the GBP Industrial Production report earlier today.

Both the Euro and Sterling rallied against the Dollar today giving Dollar bulls a shake in their pants. Is this just a retracement or could we be in store for another Dollar meltdown?

The Cable made it to its 38% Fib retracement after it rallied 100 pips today while the Swissy is approaching strong support at the 2000 mark. What’s in store for these pairs? Find out in today’s thoughts from Big Pip pip pip pippppin!

The Yen pushed the Dollar down 200 pips today after taking a brief pause yesterday. Will this continue or is it time for the Dollar to fight back?

Finally, after several beatings from the Euro, Sterling, and Swiss Franc, the Dollar finally made a comeback today as it rallied over 100 pips against all 3 currencies.

The Sterling climbed once again as it neared the 2.0600 mark today but could this finally be the resistance we’ve been waiting for?

Well wouldn’t you know the Sterling rose once again against the Dollar making another new 15 year high for the 3rd straight day!

The Sterling just won’t give up as it soared even higher yesterday and hit the 2.0400 mark. Is it time for the Dollar to fight back?

The Sterling is on fire! Once agin the Sterling has pushed higher against the Dollar as it peaked out at the 2.0350 mark today.

Yo Yo Yo! It’s been forever since I’ve looked a chart and I’m so pumped to get back in the market! Me and Pip Surfer took a nice little summer break as we chilled out, and enjoyed the sunny weather

It was a pretty quiet day in the majors today but it will be interesting to see what happens tomorrow to close out the week.