Forex Signals

Envy can be a positive motivator. Let it inspire you to work harder for what you want. ~ Robert Bringle Good morning. Sentiment remains unchanged across the board, euro and other risk pairs extending Friday’s sell-off. please elaborate your answer in the comments section below USD Index Recent top comes under pressure as the dollar extends [...]

Hello. Stocks and many currencies are in free-fall, Gold – that thing Bernanke called “not money” – is changing hands at over $1,700 as the markets are, again, out of control. Here are some charts you should keep an eye on: S&P 500 – As you can see in the chart below, we are retesting support [...]

It’s not the “bad news” from Europe that has been pushing the euro lower
By Elliott Wave International
From the May 4 top near $1.4950, the EUR/USD (the euro-dollar exchange rate and the most actively-traded [...]

The downtrend is not letting up in the USD/CAD so far as the Asian session has opened for the week and the loonie continues to hammer the dollar. Not completely surprising the the slight bounce being seen on the daily time frame.
Consider that the trading range for Friday took the USD/CAD from a high of [...]

USDJPY stays in a falling price channel on 4-hour chart, and remains in downtrend from 85.51. Key resistance is located at 83.09, as long as this level holds, downtrend could be expected to continue, and next target would be at 81.50 area. However, a break above 83.09 will indicate that a cycle bottom has been [...]

At least that’s what appears to be going on here in the US, as yesterday’s PPI figures showed rising prices ahead of today’s all-important CPI report. Yet the minutes from the FOMC meeting told an entirely different story.
Bernanke and the Fed remain committed to the idea that either rising inflation is unimportant or that it [...]

NEW YORK (CNNMoney) — For the first time in 10 years, the U.S. health insurance industry is expected to report a decline in medical expenses, according to a new report by Weiss Ratings.
Weiss, an independent provider of insurance company ratings, based its findings on a study of 852 health insurers.

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The study showed that medical costs [...]

Greetings. It’s been a pretty wild week in the Forex World as attention switched away from the Euro Zone debt problems for a while and the US unemployment rate rose to 7-month high at 9.8%, in a surprising setback, despite Fed’s tremendous efforts to stimulate economic growth, thus creating more money out of thin air jobs. QE2 [...]

USDCHF stays below a falling trend line from 1.0624 to 1.0277 and remains in downtrend. As long as the trend line resistance holds, downtrend from 1.1730 (Jun 1 high) is expected to continue and another fall towards 0.9634 (2008 low) is still possible after a minor consolidation. Resistance is now at 0.9877, a break above [...]

GBPUSD stays below a falling trend line on 4-hour chart and remains in downtrend from 1.5997. As long as the trend line resistance (Now at 1.5525) holds, another fall to 1.5200 is still possible. On the upside, the pair may be forming a cycle bottom at 1.5326, key resistance is at 1.5597, a break above [...]