USD / JPY: Short term analysis
During the European session USD/JPY broke 102.20 and fell rapidly to 102.00, which stopped the decline. Short term momentum stays in favor of the yen and a drop below 102.00 […]
EURCHF strategy
Movements in the EURCHF remains limited but the main strategy continues to work: buy close to 1.2100, expecting moderate gains (with a small limit), with a large stop barely below […]
GOLD (4H): Buy, sell or wait?
The value of an ounce of gold that is moving with a slightly bullish bias but with difficulties. In fact it has not even been able to consolidate above $ […]
EURUSD: Trendline break and other negative signal
The EURUSD is trading quiet on Monday after having two bad days on Thursday and Friday . The decline brought price to close below 20 SMA and also under trendline; […]
EURUSD eying 1,40
EUR/USD bias remains bullish, with an eye in 1.40 (important psychological area), and before this level probable resistance at 2014 highs. Bullish outlook, but for the rally to continues price […]
USD/CAD approaches April’s lows
After break of 1.0940, accelerated to the downside and price fell below 1.0900. Next support located around the minimum of April and also a Fibonacci level, between 1.0855 / 60. […]
USD/JPY breaks Monday lows, Acceleration ahead?
The USD / JPY recently broke 101.85/90 where Monday’s lows lie and extended the decline to 101.70. A consolidation around current levels would weaken the pair. If the downside continues, […]
Despite the recovery, Fed would be the last to leave the stimulus party
The financial and economic crisis that began in 2007 led to central banks implementing extraordinary measures. The economic recovery should lead to a normalization of central banks. While the economic […]