AUD/USD - Significant Break to the Upside

Price action on AUD/USD (a 4-hour chart of which is shown) as of Wednesday (9/01/2010) has broken out above several resistance levels, establishing a new 3-week high in the process. This occurs after price action broke out above an important parallel downtrend channel last week, corrected back down to re-test key 0.8850 area support as [...] » Read More

Time to Grab "A Fistful of Dollars"?

We've learned that when the crowd overwhelmingly leans one way, they often do so at precisely the wrong time!  Want evidence?  Okay, please take a look at this...   » Read More

Currency Crosses: Technical Outlook 09-01

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Crude Oil Inventories Watch: Week Ending 08/27/2010

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Riksbank Rate Decision in Focus; Expected to Raise 25 Basis Points to 0.75%

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Dollar/Yen Very Close to Establishing Major Base; Looking to Buy

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US Dollar Forex Options Sentiment Points to Pullbacks

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USD/CAD - Drop to Key Support

Price action on USD/CAD (a 4-hour chart of which is shown) as of Thursday (9/02/2010) has settled above 1.0470 support once again after having just descended from a key resistance re-test in the 1.0670 price region, which formed a double-top high. This all occurs within the context of a short-term parallel uptrend channel extending from [...] » Read More