SPX500 –Clear retail sentiment extremes timed almost the exact top in the SP 500, and continued retail buying leaves us in favor of further SPX500 losses....
Retail forex trader data shows that the Australian Dollar likely set a substantial low, while the Japanese Yen might have topped. Here is a rundown of...
ASIA/EUROPE FOREX NEWS WRAP The USDJPY fell to its lowest level in two months – since April 4, the day that the Bank of Japan unveiled...
GBP/JPY Technical Analysis– Prices are testing below axis line support at 149.70, a barrier reinforced by the 38.2% Fibonacci retracementat 149.53, to challenge the 50% level...
USD/JPY Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern. The pair is testing below support at a rising trend line...
USD/CHF Technical Analysis– Prices declined as expected after putting in a Bearish Engulfing candlestick pattern, taking out support marked by arising trend line set from early...
US Dollar Technical Analysis– Prices moved lower as expected after putting in a Bearish Engulfing candlestick pattern. Prices are now testing below key support at a...
GBP/USD Technical Analysis – Prices advanced as expected after putting in a Bullish Engulfing candlestick pattern. A break above resistance at 1.5600, the 76.4% Fibonacci expansion,...
EUR/JPY Technical Analysis– Prices broke support marked by a rising trend line set from mid-November 2012 and the 32.8% Fibonacci retracementat 128.19. Sellers are now testing...
AUD/USD Technical Analysis– Prices are attempting a recovery from support at 0.9388, the 38.2% Fibonacci expansion, as expected. A break above near-term resistance at 0.9542, the...