Forex Signals

Price action on Gold (a daily chart of which is shown) as of Wednesday (3/23/2011) has risen further, continuing a week-long rally, to approach the newest all-time high of 1444.6 established just over two weeks ago. The current week-long rally began as a bullish bounce off the 1380 area, which is around the 38% Fibonacci [...]

There’s not a lot of positive spin one can put on owning a
portfolio of Japanese stocks just as the country experiences the largest and most violent earthquake in its history. On Sunday, Prime Minister Naoto Kan called it the worst crisis since World War II.

Also See:

Time to Short GM
Absolute-Return Investing: The New Black
When to Nurture [...]

Price action on GBP/USD (a daily chart of which is shown) as of Monday (2/28/2011) has continued its rangebound consolidation, roughly trading between key support around 1.6000 and key resistance around 1.6300, that has been in place since the beginning of the month. Having made a significant bullish push today, price action has once again [...]

Price action on GBP/USD (a daily chart of which is shown) as of Thursday (2/03/2011) has retreated after closely approaching the 1.6297 resistance high hit in early November, missing that upside target by just around 20 pips. After hitting a 1.6276 high in early Thursday trading, establishing almost a three-month high in the process, price [...]

Price action on AUD/USD (a daily chart of which is shown) as of Wednesday (12/29/2010) has risen to approach the extremely long-term, decades-long high around 1.0180 that was just hit in early November. This bullishness occurs within the context of a clear parallel uptrend channel extending from the mid-year lows. From [...]

Price action on AUD/USD (a 4-hour chart of which is shown) as of Thursday (10/14/2010) broke out above 0.9900 resistance to reach a record high just shy of parity (1.0000) in early Thursday trading, before pulling back to re-test the point of breakout. This occurs within a strong and accelerated uptrend extending back to late [...]

Price action on USD/JPY (a 4-hour chart of which is shown) as of Thursday (8/19/2010) morning has once again reached down to the key 85.00 region lows after dropping today from near 86.00. This occurs within the context of a strong, accelerated overall downtrend extending from the June high. In the event of a strong [...]