07/08/2011 12:32 UTC CHF swings higher as it strengthens against the AUD, CAD, EUR, GBP and NZD. Recent mid-term strength indicator reading for CHF is 5 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:31 UTC GBP swings higher as it strengthens against the EUR, CHF, NZD, CAD and AUD. Recent mid-term strength indicator reading for GBP is 1 out of 8, thus suggesting that the current swing may be...
07/08/2011 12:30 UTC CAD swings lower as it weakens against the USD, JPY, CHF, EUR, GBP and NZD. Recent mid-term strength indicator reading for CAD is 7 out of 8, thus suggesting that the current swing may...
07/08/2011 12:30 UTC JPY swings higher as it strengthens against the USD, EUR, GBP, CHF, AUD, NZD and CAD. Recent mid-term strength indicator reading for JPY is 4 out of 8, thus suggesting that the current swing...
Wall Street closed in green territory, as encouraging data on jobs and retail sales suggested the economy was riding out a recent rough period. The Dow Jones Industrial Average finished 93.47 points higher at 12,719.49, notching a...
07/08/2011 08:15 UTC EUR swings lower as it weakens against the USD, GBP, NZD, CAD and AUD. Recent mid-term strength indicator reading for EUR is 3 out of 8, thus suggesting that the current swing may be...
The ECB surprised few when it raised its interest rate on Thursday by a quarter of a point. The rate increase will be debated regarding as to why it occurred. On the surface the ECB will certainly...
The AUD/USD pair rose again on Thursday as the bull market continues in the Aussie. The pair looks especially strong, and on a break of Thursday’s highs, we would be buyers. However, it should be kept in...
EUR/USD fell hard on Thursday, but managed to form a hammer right above the 1.43 area, a level that has shown it to be minor support and resistance in the past. Because of this, we feel that...
GBP/USD fell again on Thursday as traders are starting to shun owning the Pound across all markets. We maintain that the 1.59 mark is crucial if the bulls want any hope of staying in control That area...