Test Your Technical Analysis Skills Are your technical skills good enough to earn by themselves? Can you trade without any fundamental information? Is technical analysis can be considered a self-sufficient tool at all? You can try to find the answers to these questions ... Go to Full...

GBP/CHF-14 Sep, 2007 Hello,. GBP/CHF has had a big movement down from high 2.4184 to low @ 2.3996, difference of 198 pips, to close 2.4039 on Wednesday. Yesterday we saw a big reversal from 2.3932 to 2.4140, to close 2.4015. Today opening in Asia the pair ... Go to Full Article

EUR/GBP-13 Sep, 2007 Hi Traders,. EUR/GBP has had tremendous up trend movement from low @ 0.6803 to high @ 0.6852 yesterday. Today opening seasons in Asia, pair has a little more up to 0.6857. Could we see break of physiological resistance of 0.6860 and ... Go to Full Article

Forex Trading: GBPJPY longer term chart... Following up on the EURJPY with the GBPJPY. Off the daily, there is a trendline resistance which the market is approaching (this was brought up last week in our posts as well). Connecting the highs starting on November 1st 2007, ... Go to Full...

Forex Trading: EURJPY testing 200 day Moving Average Of note today from a technical perspective is the EURJPY is testing the 200 day moving average at 161.19. The high for the day has been 161.31 but it backed off - at least temporarily. A close above the level today would be the first ... ...

Bobby's Corner-Market Open 4.7.2008 Monday April 7, 2008. Good Morning:. The dollar was firmer in overnight trading-despite Friday’s disappointing Unemployment data. The markets may be focusing on the financial sector’s ability to raise new capital. ... Go to Full Article

Forex Trading - Japan Nominates Shirakawa as BOJ Head With the hope of having it's head central banker attend the G7 meeting this Friday Prime Minister Fukuda announced he will put forward long term civil servent and acting BOJ Governor Masaaki Shirakawa to take the helm of the central ... ...

Forex News: Canada Building Permits fall -1.0% from revised -3.5% Worse than expectations. This is the fourth decline in a row. This is the frst time the index has fallen 4 months in a row since 1990 (it fell from Jan 1990 to May 1990). Ontario was hit particularly hard as non residential...

New Zealand Dollar Technical Outlook There is no change to the NZDUSD bearish count. "Our confidence in the bearish count that we proposed a few weeks ago has grown. We view the rally from... Go to Full Article

Yen Technical Outlook The A-B-C correction should come to an end this week or next. Wave C is viewed as underway from 98.56. Go to Full Article

British Pound Technical Outlook On Friday, Cable tested a resistance line drawn off of the 3/14 and 3/27 highs and failed. This level is also defended by the 61.8% of 2.0191-1.9728 at... Go to Full Article

Euro Technical Outlook Near term, both legs of the down-up sequence from 1.5904 are not clear impulses. This makes it likely that a larger correction is underway; either a triangle... Go to Full Article

Swiss Franc Technical Outlook We wrote Friday that, "if the bullish count is correct, then the USDCHF is tracing out an expanded flat and price must remain above .9871. Go to Full Article

Canadian Dollar Technical Outlook Near term, the latest bull leg (.9710-1.0324) is a wave 1 impulse within a 5 wave bull cycle (wave i of 1 is a diagonal). Therefore, wave 2 is underway... Go to Full Article

Australian Dollar Technical Outlook We are treating the decline from .9470 (which was a truncation) as a series of 1st and 2nd waves. This bearish count remains valid as long as price is... Go to Full Article