GBPUSD – The British Pound continues to hit lows and retail forex trading crowds remain heavily net-long—we see plenty of room for further GBPUSD declines. Trade...
SPX500 –There’s increasingly clear evidence that we may have seen a substantial SP 500 top, and retail CFD trader sentiment suggests this might be the start...
EURUSD – Retail forex traders have recently been selling into Euro strength against the otherwise-resurgent US Dollar—normally enough to make us bullish. But we still generally...
Japanese Yen – Wow. We’ll be the first to admit when we’ve gotten it wrong, but we couldn’t have been clearer in our preferences for a...
We’ll be the first to admit when we’re wrong, but our retail sentiment-based predictions have been on point as we’ve called for major USD strength. What...
ASIA/EUROPE FOREX NEWS WRAP After touching its highest level in four and a half years, the USDJPY staged a massive overnight reversal, falling from a high...
US Dollar Technical Analysis– Prices invalidated a bearish Dark Cloud Cover candlestick pattern to break above resistance at 10822, the 50% Fibonacci expansion. Buyers now target...
USD/CAD Technical Analysis– Prices advanced as expected after putting in a bullish Morning Star candlestick pattern above support at a rising trend line set from mid-September...
USD/CHF Technical Analysis– Prices are testing support at 0.9687, the 23.6% Fibonacci retracement, with a break below that eyeing the 38.2% level at 0.9596. Near-term resistance...
NZD/USD Technical Analysis– Prices are testing support at 0.8052, the November 16 2012 low. A break below that aims for the 0.80 figure and the September...