Aug 02, 2016
EUR/USD Trades Above 1.1200 on Positive PPI Data
The EUR/USD trades back above 1.1200 after PPI data prints better than expected. Next daily resistance is found at 1.1286 for the pair.
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Aug 02, 2016
Gold Prices Rally Towards Daily Resistance at $1375.03
Gold prices are rallying for the 3rd consecutive session, but prices are quickly headed toward resistance at $1,375.03
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Aug 01, 2016
WTI Crude Oil Price Sets Sights on SMA Support
The price of WTI Crude Oil continues to slide, and is now testing the 200 SMA at $40.47.
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Jul 28, 2016
AUD/USD Consolidates after Lackluster FOMC Event
The AUD/USD has failed to make progress after yesterday’s FOMC rate decision. Prices are now consolidating with an inside bar.
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Jul 28, 2016
Dow Jones Industrial Average Yawns after FOMC
Dow Jones Industrial Average continues its consolidation near all-time highs. This appears to be a technical correction that is anticipated to be shallow.
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Jul 27, 2016
Will The EUR/CHF Seek The Upper Line Of Its Yearly Channel?
Second best trading day for EUR against CHF in July. EUR/CHF trading within consolidation levels. Long-term Ascending Channel prevails.
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Jul 26, 2016
Gold Prices Channel Ahead of FOMC
The price of Gold continues to channel, as prices have failed to breakout to a new significant high or low ahead of tomorrow’s FOMC rate decision.
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Jul 26, 2016
Dow Jones Industrial Average Mired in a Shallow Correction
Dow Jones Industrial Average continues consolidating its recent all-time highs. This consolidation appears to be a technical correction that is anticipated to be shallow.
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Jul 26, 2016
GBP/USD Trades at Resistance Ahead of News
The GBP/USD is trading in a 97 pip price channel ahead of today's U.S. Consumer Confidence release.
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Jul 21, 2016
AUD/USD Fails to Make Significant Progress as Price Ranges
The AUD/USD is trading in a 65 pip range after printing a new weekly low at .7452.
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