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Euro Tumbles Hard As Ireland Says “No” To EU Treaty
The Euro has a big sell-off in the currency markets Friday, and that has to do with the Irish. Political integration of the European Union is vital to economic integration of the EU member states, which in turn will influence how ...
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CHOOSE LONGS CAREFULLY, SHORTS WITH EASE
Hey all at hedgeagainstspeculation (HAS), I know it has been a while since my last post, and I’m sorry, but I have been very busy at work. Anyways, about (HAS), the stock not the site. HAHA, play on words, and I swear I will try to keep ...
Go...
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Forex in 60 Seconds - Dollar Rallies As Inflation Boosts Rate Expections, CPI May Drive Pound And Loonie
See the article...
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US Dollar Rally Sustained by Stronger Than Expected US CPI Figures
A rise in consumer prices paired with a decline in oil prices strengthened the US dollar to pick up another round of gains, as the currency posted its...
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GBPAUD: Evidence Supports Formation of a Major Low
The GBPAUD is nearly 10,000 pips off its post 2000 high but both long and short term charts indicate that the GBPAUD may be forming a significant low now.
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Australian Dollar Crosses: Pullbacks Expected
See the article...
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New Zealand Dollar Technical Outlook
This is the long term count that we have been following (short term is not clear).
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Yen Technical Outlook
"The USDJPY rally has gone through 107.20 so we need to look at other counts.
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British Pound Technical Outlook
We maintain that either a flat or triangle is unfolding.
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Euro Technical Outlook
The drop below 1.5364 negates the short term bullish bias.
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Swiss Franc Technical Outlook
"There is little doubt that the advance from .9647 is corrective because a triangle separates the two legs.
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Canadian Dollar Technical Outlook
The minimum objective that we have cited for some time is above 1.0324.
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Australian Dollar Technical Outlook
The AUDUSD has fallen below the trendline that had held since late January but there is no sign of a reversal as the decline still counts better as a correction.
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US CPI Furthers Argument For A Rate Hike Sooner Rather Than Later
Headline consumer-level inflation pressures unexpectedly grew through May, leveraging already hearty expectations for the Federal Reserve to deliver a...
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Dollar Rallies Big; Euro Tests Major Support
The EURUSD has held above 1.53 (to this point), but the critical level is 1.5283. A drop below there would shift focus to 1.51; which is a Fibonacci extension.
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