Commitment of Traders (COT) Report. The speculator composite net position in the USD is now about even. Usually when specs flip from one side of the market to the other, this trend stays with the market for a...
Gains of the Euro were limited in the previous European trading exchanges on waning optimism as the European leaders embrace the much awaited verdict of the German Constitutional Court as to the legality of the Euro Zone’s...
The EUR/USD pair fell during the Monday session, as the 61.8% Fibonacci retracement level offered resistance. This happened to be just at the 1.28 handle, so the two combined were probably a bit strong for the buyers...
The USD/JPY pair had a very quiet session on Monday as the world awaits the High Court decision out of Germany, the result of the Federal Reserve meeting, and the Dutch election results.
The GBP/USD pair fell for much of the Monday session, but bounced in order to form a bit of a hammer that is focused on the 1.60 handle. This makes sense, as the level is a large...
The AUD/USD pair fell during the session on Monday as the “risk off” attitude came back into the marketplace. The resulting candle for the session almost looks like a shooting star, but nonetheless it says the same...
The USD/CAD pair fell for much of the session on Monday, but did manage to balance in order to form a hammer. If we can get back above the 0.98 handle, this would signify that there is...
The Dollar Index at the historic support of 80.00, though 81.20-82.00 would act as major resistance. The benchmark equity index of the Dow Industrials (.DJIA) is currently trading firm at 13200 ranges after hitting intermediate resistance of...
After seeing significant gains across the board last week, the euro reversed some of its recent bullish movement yesterday during a slow news day. That being said, investors were hesitant about going overly bearish on the currency...
Eurodollar has stalled a little this morning. The current level lies close to the monthly pivot, which could mean we are at a reversal point and the exchange rate could roll over here. A break back down...
