Daily Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0 Interested in automated trading with Mirror Trader FOREXAnalysis: The USDOLLAR has traded to the lowest level...
Article Summary: The DJ FXCM Dollar Index (ticker: USDOLLAR) trades at its strongest-ever correlation to US Government Bond Yields. What does this mean for Dollar forecasts...
NZD/USD Technical Analysis – Prices broke higher as expected, clearing resistance the 23.6% Fibonacci expansion(0.7917) to expose the 38.2% mark at 0.8061. Alternatively, a reversal back...
USD/JPY Technical Analysis – Prices are pulling back from falling trend line resistance set from late May. Initial support is at 98.56, the 38.2% Fibonacci retracement,...
AUD/USD Technical Analysis – Prices broke higher as expected, taking out resistance at the top of a falling channel set from April and hinting a significant...
View COT data in MT4 Latest CFTC Release dated July 16, 2013: The COT Index is the difference between net speculative positioning and net commercial positioning...
EUR/JPY Technical Analysis – Prices put in a Bearish Engulfing candlestick pattern, hinting a move lower is ahead. Initial support is at 130.62, the 23.6% Fibonacci...
USD/CHF Technical Analysis – A lackluster break higher failed to produce follow-through as we suspected, with prices reversing lower to take out support at 0.9384, the...
GBP/JPY Technical Analysis – Prices put in a bearish Dark Cloud Cover candlestick pattern, hinting at weakness ahead. Near-term support is at 151.52, the 23.6% Fibonacci...
GBP/USD Technical Analysis – Prices broke above resistance at 1.5281, the 50% Fibonacci retracement, opening the door for a challenge of the 61.8% level at 1.5392....