USD/JPY Forecast May 22, 2012, Technical Analysis
The USD/JPY pair rose during the Monday session as the 61.8 Fibonacci level offered support. The 79 handle is also there, and this was probably part of the reason as well. The market had been sold off massively during a couple of sessions last we
GBP/USD Forecast May 22, 2012, Technical Analysis
The GBP/USD pair rose slightly during the Monday session as the 50% Fibonacci level continues to hold the market up. The hammer from the Friday session had us looking at a possible buy in this pair, but we never got the nice break above the highs
EUR/GBP Forecast May 22, 2012, Technical Analysis
The EUR/GBP pair rose during the session on Monday as the Euro got a nice bounce against many of the other currencies around the globe. The 0.81 level is a larger resistance level, and as a result we aren’t ready to buy this market yet. A daily c
USD/CAD Forecast May 22, 2012, Technical Analysis
The USD/CAD pair fell on the session for Monday and the action was very weak. This pair has recently broken out to the upside recently, and the 1.01 level now should be supportive all the way down to the parity area. The oil markets have been get
NZD/USD Forecast May 22, 2012, Technical Analysis
The NZD/USD pair bounced on Friday as the oversold condition finally caught up with the bears. However, the trend is most certainly down, and the weekly chart looks absolutely horrible. The 0.75 level was a natural place to see a bounce, and beca
Silver Forecast May 22, 2012, Technical Analysis
The silver markets had a negative session on Monday as the markets sold off in the beginning of the day. However, at the end of the session we had seen a nice bounce, and the candle for the day is a hammer. The $28 level looks as if it wants to s
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Forex Resistance Pivot Points Support 05/22/2012
Daily Forex Resistance Pivot Points Support 05/22/2012
EUR/USD – Bearish Divergence With RSI Suggests a Downswing
The EUR/USD has entered a period of consolidation. In consolidation, A simple idea is to anticipate downswings from resistance levels and overbought conditions, as well as buy from support levels with oversold conditions. As we enter the Asian se
Euro Rebounds from Pin Bar Setup, Oversold Re-Positioning
Euro Rebounds from Pin Bar Setup, Oversold Re-Positioning


