Investing

The dollar and commodities kicked off the new year with a bang, trading higher versus the majors. But as the day moved on many of the dollar’s gains eroded as illiquid market conditions are apparent with Japanese and European banks are closed for a …

The EUR/JPY pair saw unusual bearishness over the past five weeks. The pair dropped about 850 pips during this period of time, despite a 450 pips correction in the middle. Currently, a technical analysis of the daily chart suggests that further bearis…

The EUR/USD continues to consolidate between a defined range and a sell signal has popped up on the daily chart.
When looking to the daily chart, a consolidation of the EUR/USD should be apparent with the pair trading between the range of 1.3450 and a…

As we start off the first week of 2011, the greenback seems poised to make some significant gains, as analysts are forecasting a number of positive indicators out of the US. Traders will want to pay particular attention to any US employment forecasts…

As the downtrend for the USD/JPY resumes, a target for traders is identified below the all-time low of 79.75.
Looking at the monthly chart, a distinct long-term downtrend is in effect with a falling trend line from the July 2007 candlestick. Support f…

In the last two weeks trading, the AUD/USD experienced much bullishness, as it stands now at 1.0185. However as I demonstrate below, it seems that the pair’s bullish run may have run of steam, and a bearish correction could be underway soon. Forex t…

A batch of positive data was released from the U.S. economy yesterday and, as a result, the euro has strengthened. The positive data signaled that the U.S. economy is heading towards recovery, and investors took it as a positive sign for year 2011.
Th…

The monthly chart for the USD/CHF shows a compelling story for further declines in the value of the pair.
Looking at the USD/CHF, a support line that runs from the March 2008 low to the all-time low in October has been breached. Should the pair close …

The gold climbed to a high of $1414 an ounce, compared to the low of USD 1372 an ounce in the end of last week, supported by Euro’s recovery from a three week low against the US Dollar. At this period trade is thin as most of funds and banks are out…

The USD has dropped significantly versus the CHF in the past 2 weeks, and it is currently traded around 0.9375. And now as evident in the data, the 4-hour chart is giving bullish signals, indicating that USD/CHF pair might go up. Forex traders can tak…