Archives by date

You are browsing the site archives by date.

US Dollar Index Holds Below Key Resistance, Signals Further Declines

- Swiss Franc, Japanese Yen Plunge as SNB Announces Currency Intervention – BOJ Could Follow Suit – Euro Gains Despite Record Drop in German Industrial…

Event Risk Requires a Quick and Clear USDCAD Range Trade

There are few viable ranges across the currency market as risk trends shift and fundamentals dive. USDCAD presents a potential congestion setup; but it…

Forex Wrapup 03.12.09

EURUSD Clears Resistance

The EURUSD has cleared strucural resistance and the pair is on its way to 1.33 at minimum. A correction could bring the pair back to former resistance,…

British Pound Crosses Diverge

-GBPCHF surges from lower end of range -GBPCAD forming bullish base -GBPAUD and GBPNZD may be resuming longer term downtrends

Dollar/Swissy Goes Parabolic to Post Fresh 2009 Highs (Daily Classical)

Euro stalls out but still puts in daily higher high and higher low. Dollar/Yen profits booked on short positions. Cable sees intraday whipsaw trade but…

British Pound: Evidence that a Strong Rally is around the Corner

In this special report, I make a technical case for buying the British Pound at current levels. An advance, as high as 1.54+, is possible before the end…

SNB Officially Introduces Intervention into Monetary Policy (Midday Snapshot)

Swiss Franc Plunges After SNB Cuts Rates, Announces Intentions For Currency Intervention

In one fell swoop the Swiss National Bank announced arguably the most aggressive round of monetary easing that any of the central banks have been able…

A Drop In Retail Sales Could Contradict Bearish Dollar Technical Outlook

U.S. advance retail sales are expected to fall by 0.5% after January’s unexpected 1.0% gain, as a weak labor market is expected to weigh on demand. The…