Search results for Jamie Saettele

Now is the time to position for bullish breakouts in a number of Euro crosses. The EURGBP, EURCHF, and EURAUD are present the best opportunities. forex news :: view details »

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The British Pound crosses remain under pressure, especially GBPCHF and GBPCAD. The former may be declining in the early stages of a 5th wave that will... forex news :: view details »

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Short term patterns indicate that the US dollar is likely to weaken on balance for the rest of the week. forex news :: view details »

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The GBPUSD and AUDUSD are vulnerable to fresh lows in bearish thrusts from triangles. More permanent bottoms should then form. forex news :: view details »

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The recent collapse in the EURUSD is probably the beginning of a larger decline that could reach 1.35 in the next few months. Still, markets do not move... forex news :: view details »

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This is an update to yesterday's AUDUSD triangle trade idea. Risk can be minimized to .8865. The target is below .8591 (new low). forex news :: view details »

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Most USD pairs are expected to make one more price extreme before the big reversal. However, the EURUSD looks like it may have already bottomed. forex news :: view details »

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The EURJPY, in paricular, exhibits a clear short term pattern. There are 5 waves down from just below 170, so a countertrend rally is expected over the... forex news :: view details »

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As long as price is above 1.4672 (ideally, price remains above 1.4744), we are bullish and expecting a rally to at least 1.4980 if not the Fibonacci zone,... forex news :: view details »

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As we suggested in Friday's GBPUSD report, British Pound weakness to begin the week proved temporary. A larger recovery of the decline from July may be... forex news :: view details »

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Although the US dollar has edged to a new high against a number of other major currencies, chasing strength here is probably not a good idea. Short term... forex news :: view details »

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Failing to break its overnight high in US trading, a larger US dollar correction may finally be underway. The USDJPY looks like the most bang for the buck... forex news :: view details »

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