Dow Jones pressed into the target zone, the patterns appear shifting towards an ensuing sell off. Below 17,000 suggests a high is in place.
Gold prices fall to 4 week lows. Sentiment and technical analysis suggest a turn may be forming nearby.
The GBP/USD continues to decline towards new weekly lows.
The EUR/USD has opened Mondays trading, moving inside of a 44 pip trading range.
Dow Jones sideways trade at resistance suggests the market thinks the resistance level is important. A potential selloff could give back 5-7% of the
The USD/JPY has turned lower this morning, after initially attempting a bullish breakout.
Dow Jones reverses as anticipated and the selloff could give back 5-7% of the recent gains. Using a triangle pattern as the analog, we anticipate
The GBP/USD has opened trading in a 55pip range ahead of tomorrow’s NFP release.
The EUR/USD has failed to breakout despite a series of high importance news events.
The AUD/USD has moved to resistance at .7725 ahead of this morning's University of Michigan confidence survey.
