USDJPY Bearish Divergence on Resistance – Mar 2, 2015
USDJPY Bearish Divergence on Resistance – Mar 2, 2015
The resistance on the USDJPY rising channel might hold, as the pair made a bearish divergence on its 1-hour time frame. Price made higher highs ... Continue reading
NZDUSD Forex Correction Completed? – Mar 2, 2015
NZDUSD Forex Correction Completed? – Mar 2, 2015
NZDUSD seems to have completed its forex correction, as price is finding resistance at the 61.8% Fibonacci retracement level on the 4-hour chart. ... Continue reading

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Technical Outlook

CAD/JPY is in some interesting price action. In the near-term, the direction is unclear, but this week, it formed a double bottom and is now confirming it. Let's take a look at the charts for some technical assessment. http://youtu...
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Stock Picks

US stocks closed lower on Friday as data showed US economic growth had slowed more than expected in Q4, but the S&P 500 posted its best monthly performance from October 2011. According to Reuters, the Dow Jones Industrial Av...
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Technical Analysis

The resistance on the USDJPY rising channel might hold, as the pair made a bearish divergence on its 1-hour time frame. Price made higher highs while stochastic had lower highs, indicating a buildup in selling pressure. The osci...
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Bitcoin News

In a big step from their current 55nm chip, BitFury has launched new 28nm Bitcoin ASIC miner chip. The ambitious project was in pipeline for quite some time and received momentum after the company received $40 million in venture capi...
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