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EUR/USD Holds Daily EMA 20 and Tests Long-Term Downtrend Line 26 Aug 2013 | 10:41 pm
EUR/USD (daily chart as of August 26, 2013) made a brief penetration of the daily EMA 20 on August 15 (arrow 2 on the chart), with a strong bullish candlestick which closed at 1.3344, about 90 pips ab...
GBP/USD Testing 1.5580 Support 22 Aug 2013 | 11:59 pm
GBP/USD (daily chart as of August 22, 2013) found temporary support on August 14 at 1.5410/00, an important support level mentioned on our August 13 analysis. Price then broke above the 1.5570/5600 ba...
AUD/USD Retreats from the Daily EMA 50 20 Aug 2013 | 11:05 pm
AUD/USD (daily chart as of August 20, 2013) reached a high of 0.9230 with a bearish candlestick on August 19, about 20 pips under the daily EMA 50, and price turned down once again to test the daily E...
USD/JPY Finds Temporary Support at 95.80 16 Aug 2013 | 09:06 pm
USD/JPY (daily chart as of August 16, 2013) bounced off the 95.80 area on August 12 and reached a high of 98.60 yesterday with a bearish candlestick well below the downtrend line (blue bold line on th...
EUR/USD Testing Daily EMA 20 Support 14 Aug 2013 | 08:49 pm
EUR/USD (daily chart as of August 14, 2013) retreated from 1.3400 on August 8 to test the 1st support at 1.3240, which was the May 1 high, and also around the daily EMA 20 (Exponential Moving Average ...
Short-Term Sell Opportunity in USD/JPY 13 Aug 2013 | 10:37 pm
As expected we did not have any major moves in the market, and we traded mostly in the range yesterday with the only mover being USD/JPY, which climbed almost 100 pips. There were reports of some bank...
GBP/USD Retreats from 1.5570 after Breaking above Key 1.5400 13 Aug 2013 | 09:05 pm
GBP/USD (daily chart as of August 13, 2013) touched a high of 1.5573 on August 8 and formed a small bullish candlestick with a relatively long upper shadow, showing the resistance at its session high,...
A Trade in Apple 13 Aug 2013 | 05:08 pm
Since the double bottom in late June, it appears as though a series of first and second waves have been building in AAPL. This price structure is supported by bullish indicator signals in the weekly ...
AUD/USD Trading In A Broadening Pattern 10 Aug 2013 | 04:45 pm
AUD/USD (daily chart as of August 9, 2013) broke down on July 30 below a short-term uptrend line connecting the July 12 low and the July 25 low, which invalidated a possible “inverse head and shoulder...
EUR/USD Extends Upside Momentum To Test 1.3415 9 Aug 2013 | 05:00 am
EUR/USD (daily chart as of August 8, 2013) has been trading in a narrowing range between two trend lines for about nine months since November 13, 2012. The possible range breakout would be a significa...
