
Please try another search
The December Australian Dollar is under pressure this morning, pressured by rising tensions in the Middle East and amid worries over the possibility of the U.S. fiscal cliff. Short-term selling...
Looking at the news events from June to September and studying the chart pattern of the daily December E-mini S&P 500, one can conclude that the speculative buying driven by talk of additional...
The weekly December Euro declined to its lowest level in two-months on Monday amid renewed uncertainty about Greece’s struggle to secure the next tranche of bailout funds. Additionally,...
After an early sell-off nearly triggered a breakdown through a level not seen since June on Friday, the December Japanese Yen reversed to the upside to finish higher for the session. It was a strong...
With ten days to go before the end of the month, the U.S. Dollar Index appears poised to finish lower and in a position to take out last month’s low at 78.600. A move through this low will also...
The December Australian Dollar and New Zealand Dollar soared on Wednesday thanks to strong demand for risk after Moody’s maintained its investment grade rating on Spain. Investors chased the...
The December Canadian dollar sold off sharply on Tuesday after Bank of Canada Governor Mark Carney suggested he may reduce his economic outlook and put off an expected interest rate hike. Carney...
The December euro extended its gains overnight after a strong rally during Tuesday’s session. The futures contract was buoyed by reports that Spain was set to make a formal request for financial...
Early in yesterday’s trading session, the December British pound broke through the last swing bottom at 1.6063. The series of lower-tops and lower-bottoms clearly signify that the sterling is in...
The lower-top, lower-bottom formation on the Weekly December Crude Oil chart defines clearly the downtrend. However, the market appears to be trying to establish support inside of a key retracement...
In Mid-September the March Sugar (SBH13) futures contract showed a sign of strength when it threatened to breakout over the September 19 top at 20.98. The move only took the market to 21.00 where it...
A simple technical analysis technique helped identify where the December Euro rally could stop and now the same technique has identified a potential downside target area. Based on the 1.4185 to...
Following an eight-week rally from the July bottom at 1.2069, the December Euro is in a position to post a weekly closing price reversal top. This chart pattern often leads to the start of a...
Looking at the big picture, one can see why the December Euro may have reached an important top this week. It appears to have fallen victim to the common but overlooked 50% retracement. Based on the...
The USD/CAD reached the first objective signaled by its daily closing price reversal bottom formed on September 14 at .9633. Typically, this chart pattern signals a minimum two-to-three day rally...
With September more than half over, it’s time to take a look at the silver market as it's a market on the move.Last month, the Nearby Silver market broke through the resistance line of a...
The U.S. Dollar is trading weaker versus the Euro overnight, as investors continue to respond to the move by the Federal Reserve to bolster the U.S. economy. Also underpinning the single-currency is...