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Recap: No break alerts sent out yesterday means no trades entered. There was a resistance break but SwingPRO intelligently determined that it was no a strong enough break to trade off of (and was...
Market drivers for January 15, 2013Yen crosses run into profit taking in AsiaEuro rebounds in early Europe on better auction and trade dataNikkei up 0.72% Europe up 0.01%Oil $94.30/bblGold...
Ben Bernanke’s speech last night proved to be a non-event if truth be told with the focus of his speech more readily about the upcoming debt ceiling fight than the state of the US economy or...
After gaining more than 300 bps against the greenback last week, the euro continues to rise, albeit at a much slower pace than immediately after ECB President Mario Draghi's last press conference....
USD/JPY Open 89.46 High 89.68 Low 88.61 Close 89.37On Monday USD/JPY traded within 60 pip range. The currency couple depreciated from 89.68 to 89.07 yesterday, not matching the positive money flow...
Autochartist recently identified the Clear Triangle chart pattern on the 4-hour NZD/USD charts. Autochartist rates the overall Quality of this chart pattern at the 5 bar level as a result of the low...
Bernanke puts everyone to sleep at town hall meeting in Michigan, offers no surprises. In Japan, a government minister’s comments fretting excessive JPY weakness trigger a sharp dip in JPY...
The U.S. dollar declined at the beginning of the week as investors traded currencies in anticipation of an upcoming speech by the Chairman of the Federal Reserve. Chairman Ben Bernanke was expected to...