Will the US GDP Data Liberate USD/JPY from its Range?
Will the US GDP Data Liberate USD/JPY from its Range?
Range-bound: In the past couple of weeks, USD/JPY pair has been consolidating roughly between 117.20 and 118.85. Some would say that there's a bit ...
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USDJPY Potential Upside Forex Breakout – Jan 30, 2015
USDJPY Potential Upside Forex Breakout – Jan 30, 2015
USDJPY has been trading inside a descending triangle pattern on its 4-hour time frame, with price hovering around the resistance. Stochastic is still ... Continue reading
US Stocks Climb Higher in Midday Trading
US Stocks Climb Higher in Midday Trading
Strong earnings from Boeing, Apple and other companies assisted in nudging the US stocks higher in midday trading. According to ABC News the ... Continue reading

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Technical Outlook

After the hawkish FOMC statement during the 1/28 session, the USD started to climb mostly across the board. The AUD/USD was very clearly under pressure and fell into new lows on the year. Let's take a look at the charts to see where AU...
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Stock Picks

Strong earnings from Boeing, Apple and other companies assisted in nudging the US stocks higher in midday trading. According to ABC News the Dow Jones Industrial Average climbed 0.4% or 63 points to 17,450 while the standard &am...
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Technical Analysis

Range-bound: In the past couple of weeks, USD/JPY pair has been consolidating roughly between 117.20 and 118.85. Some would say that there's a bit of coiling, or congestion as the resistance level becomes lower and lower. The support...
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Bitcoin News

Citing a web analyst, Haaretz, an Israeli newspaper says that ISIS in the US is raising funds using Bitcoin. According to the report a Tel Aviv analyst working for a Singapore-based cyber intelligence company has come to the conclusi...
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