CFTC Commitments of Traders (COT) Report 18 June, published 21 June 2013, Technical Analysis. Speculators continued their massive selling of the USD, as they cover their shorts in the euro, pound, SF, the DI and the yen....
The USD/JPY pair fell during the session on Monday, dipping below the 98 handle. The shape of the candle is a bit like a hammer, and as a result it appears that people were willing to step...
The US/CAD pair shot straight up during the session on Monday, but as you can see was be back down in order to form a perfect shooting star. Will we find particularly interesting about this shooting star...
The GBP/USD pair had a positive session on Monday as the markets came back to retrace some of the losses that the market had on Friday.
The EUR/USD pair fell during the session on Monday, but as you can see bounced enough to form a hammer at roughly 1.31 for the session. Because of the shape of this hammer, we believe that a...
The AUD/USD pair fell during the session on Monday, but bounced enough to form a hammer. Nonetheless, we think that with the Australian dollar being so highly leveraged to the Chinese economy, we will simply pass on...
After breaking above the falling trend line on its 1-hour and 4-hour time frames, USD/CHF has made another signal that a reversal could take place.
When one wants to enter the trading world, there are two things which are of utmost importance – the trading platform and knowing the ways to trade. Basically it is easy to find a good trading platform...
USDCAD breaks above 1.0420 previous high resistance, suggesting that the uptrend from 0.9632 (Sep 14, 2012 low) has resumed. Further rise could be expected and next target would be at 1.0600 area.
USDCHF remains in downtrend from 0.9838, the rise from 0.9130 is likely consolidation of the downtrend. Another fall could be expected after consolidation, and next target would be at 0.9000 area.
