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GBP USD Bullish Momentum has Revived Back

GBP USD is rallying above the previous high of 1.5469 at the current moment and is looking to target the 1.5520 resistance line next. Intraday bias r[...] read more »
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EUR USD Unable to Break the 1.2920 High

EUR USD has taken a dive to the downside after hitting the 1.2916 high yesterday, so far the EUR USD reached the 1.2734 low. Intraday bias remains on[...] read more »
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USD JPY Stonewalled, Bears are Gearing Up !

The USD JPY for the past 4 days has been stonewalled within 82.00 to 80.00 range. This sets a no clear trend for the currency pair which plays very w[...] read more »
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USD JPY is Pips Away from Major Resistance Line

USD JPY has come very close of breaking the 83.97 resistance line, but so far only reached the 83.95 high. Intraday bias remains on the downside, as [...] read more »
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The BOJ Intervention has Officially Failed

USD JPY has broken the 82.86 support line which officially indicates the failure of the 1st intervention. Intraday bias remains on the downside, as l[...] read more »
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Is the USD JPY Committed to Breaking the 83.58 Support ?

USD JPY has reached the high of 85.21 on Friday but was unable to keep the bullish momentum for more upside action. Intraday bias remains on the down[...] read more »
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GBP USD Correlates with the EURO and is Bearish Now

The GBP USD is now in currency correlation with EUR USD, and both have entered into bearish bias. So far, the “Irish Debt Crisis” has boosted the U.S[...] read more »
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GBP USD Lagging Behind, Traders are Not Confident

GBP USD has reached the 1.5786 high, but remain below the minor resistance line. Intraday bias remains on the downside, as long as the 1.5835 minor r[...] read more »
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EUR USD is Making a Hefty Statement

EUR USD is making a hefty statement by breaking the 1.2208 resistance line and going as low as 1.2175. By breaking the 1.2208 resistance line, it’s a[...] read more »
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Part 1 – Basics of Technical Analysis

Support/Resistance, Trendlines, Channels, Fibonacci
Hosted by trading expert Jeffrey Baskin of FXDD
Wed, Feb 18, 2009, 15:00 GMT
Introduction to the basics of technical analysis including Support, Resistance, Trendlines, Channels and Fibonacci. read more »
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Are the Professionals Controlling the USD JPY Momentum ?

USD JPY has broken the 85.00 level and headed to as low as 84.88, but didn’t break the 84.71 resistance line. Intraday bias remains on the downside, [...] read more »
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Will the USD JPY Rock Bottom to November 2009 Low ?

USD JPY still has the bearish momentum and reached a low of 88.27. On the downside, the next target for the USD JPY is the 87.99 resistance line and [...] read more »
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Ireland Bailout Cost Est. at $68 Billion

EUR USD has extended its uptrend to 1.3729 from the 1.3446 low. Intraday bias remains on the downside, as long as the 1.3823 resistance line is not b[...] read more »
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EUR USD Has Rejuvenated but Without Vigilance

EUR USD bullish reversal will target the 1.2670 resistance line next. On the upside, if the EUR USD breaks the 1.2670 resistance line it would target[...] read more »
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USD JPY Extremely Bullish, 84.49 Major Resistance is Next

USD JPY is extremely bullish, it is coming very close of breaking the Dow Medium Swing at the 84.49 resistance line. Intraday bias will change to the[...] read more »
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