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EUR/USD Range Tightens; Pulls Back from Below 1.14

Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -“EURUSD has broken support from the slope that extends off of the March and May lows. Near term focus is on …

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USD/CAD Coiled for a Directional Burst

Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -The angle of ascent since the 2014 low is extraordinary and the rate has traded into the 1995 and 1996 lows. …

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Crude Sideways Pattern Tightens

Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -Crude has declined for 10 consecutive weeks. The only other similar streak (since 1987) occurred in 1991 (10 weeks). Following the …

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GBP/USD Rally Fails at 20 Day Average

Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -After breaking above the line that extends off of the 2014 and 2015 highs, GBPUSD has reversed sharply. The move completes …

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NZD/USD Churns above Downtrend Support Line

Daily Chart Prepared by Jamie Saettele, CMT Automate trades with Mirror Trader and see ideas on other USD crosses -“The wedge objective has been reached as has the 2010 low at .6560. The next levels to be aware of are …

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Global Stocks Poised For Major Crash Amid China’s Economic Crisis

Worldwide stocks plunged this Tuesday, on fear Chinese economic slowdown will spread like wildfire among other major economies. Wall Street closed in the red, with the DJIA down 469 points or 2.84%, closing the day at 16,058.35. The S&P 500 …

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GBP/CAD May Record Historic Gains Amid Rally In Oil Prices

The GBP/CAD extended its advance up to 2.0382, as the British Pound recovered some charm, whilst the Canadian dollar remained under selling pressure, despite oil prices edged back higher. The cross however, is far from confirming a steadier recovery, as …

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Dow Jones On the Edge of Major Reversal

Wall Street edged mixed on Friday, but pretty much unchanged from Thursday’s close, with the Nasdaq and the S&P up a bunch of points and the DJIA down 0.07% or 11 points, ending the day at 16,643.01. US stocks traded …

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