Technical Analysis

Unfortunately the Swissy trade didn’t go our way and we took a minor cut in our pip gains for the week. Nothing to sweat over but it is a loss and Big Pippin doesn’t like to lose!

The Dollar was all over the place as it fell to the Euro, rallied against the Sterling, fell to the Swissy, and stayed put against the Yen. What in the world is the the Dollar doing?

It was another quiet day in the majors as each pair simply stayed put. Hopefully we’ll see some movement soon because my eyes are drooping…

After staying quiet for the past 2 days, the Dollar made some pretty good gains against the majors. The most notable gain was against the Yen where it soared to 119.00!

With the nice Dollar rally against the Yen today, our target at 118.50 and we were able to bag a nice +90 pips!

The majors were quiet with the exception of the Cable. After several days of quiet movement, the Sterling rallied to as high as 9800 today!

After gaining so much ground yesterday, the Yen once again fell hard against the Dollar and ended up right back where it was when it started its rally yesterday.

While the rest of the majors were boring, the USD/JPY had nice movement after 3 days of tight consolidation.

There was very little movement today in the majors with the exception of the Cable where the 9700 resistance held strong and the Dollar made a slight rally against the Sterling.

The Dollar took a tumble across the majors today as today’s Home Sales Numbers showed a decline in sales and a lower revision for last months numbers.

The Dollar was able to gain back some of its losses against the majors today. Yesterday the Dollar had fallen after the Fed’s Interest Rate Statement.

Although the Fed had hawkish statements today, the dollar lost some ground. Is this just noise or is this the beginning of another dollar slump?

The Euro has been on a nice run especially against the Dollar and Yen. Will the rally continue or is it exhausted?

It was another good week for my Pippin Ain’t Easy signals as I was able to net +110 pips off of 1 trade.

Other then the USD/JPY, the rest of the majors remained pretty calm today. The Euro edged higher and the Cable and Swissy stayed rangebound.

The Dollar showed mixed signals today as it made nice gains against the Swissy and Yen, but lost to the Euro and Sterling.

The Swissy has been good to me lately and I was able to bag another +110 pips from this pair.

Although the Eurozone showed positive reports with the ZEW economic survey, it was the Swiss Franc and Yen that made the biggest gains against the Dollar…

We’ve been seeing some back and forth movements with the Dollar lately. When will the markets make up their mind?

After some weeks of bland trading, we finally had a good week. With 2 trades we were able to pull in +210 pips!