The post-Brexit swing highs stalled at 1.3532, 1.3479 and 1.3443. That area is an area to eye in the current week

Last week, the GBPUSD peaked on Monday at 1.3618. That was 2 pips from the Friday,...

Can it stay above in the new trading week

The USDJPY spent the last 8 weeks below the 100 and 200 week MAs (blue and green lines in the chart below).  Two weeks ago the pair stalled at new year...

Breaks below 1.3532 and the 1100 hour MA at 1.3527

The GBPUSD fell below support at the 1.3532 (highest post-Brexit high from June 2016) and the 100 hour MA at 1.35272. The break, sent the price...

And the support and resistance lines are converging

The USDJPY moved lower in trading today.  N. Korea comments pushed the pair lower (the old buy the JPY trade which is confusing since N. Korea...

Speech ends and the price rebounds back above its support turned resistance levels

The UK PMs speech finished and the selling seen through her speech was reversed. The price moved back above the...

Sorry, but there is a lot of ups and downs in the market

The AUDUSD is another currency pair with the ups and downs. 


Yesterday, it tumbled lower. A downside catalyst was the move below the 200 hour...

September 22, 2017 winners and losers on the day

As North American traders enter for the trading day, the CAD is strongest while the GBP is the weakest.   The USD is mostly weaker with the...

The ups and downs of the market

Yesterday, the EURUSD raced higher and tested its 100 hour moving average (Blue line in the chart below),  The market stalled against that level and wandered more...

May makes Brexit speech in Florence

As the market await UK PM May's speech in Florence, the pair is trading nearer highs for the day. 


The high for the day today has extended to 1.3595. The NY...

Down but recovering

The US major stock indices are down but not by much

  • S&P is down about -2 points or -0.08% to 2498.55. The low reached 2496.50
  • Nasdaq is down -7.3 points or -0.11% to 6415.15. The...

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