Financial News
# GBPUSD: Consolidation Persists in Falling Channel
# Australian Dollar Advances on Strong Employment Data
The Aussie-Dollar spiked above 0.92 following the release of strong employment data. Will Thursday's risk trends reinforce the bullish move?
# London Calling Sep 9
The Aussie-Dollar spiked above 0.92 following the release of strong employment data. Will Thursday's risk trends reinforce the bullish move?
# US Dollar Pulls Back as Risky Assets Rebound but Bias Remains Bullish
The US Dollar pulled back as global stock and oil prices recovered but the bearish technical setups created with yesterday’s selloff have not been invalidated, hinting the greenback remains poised to advance amid renewed risk aversion.
# Entering a Trade in a Downtrend
Student’s Question:Here's the support line. But I am still confused as to when should I enter the trade and when should I exit the trade according to the historic chart I posted?
# Jamie's Trading Video: 09/08
Student’s Question:Here's the support line. But I am still confused as to when should I enter the trade and when should I exit the trade according to the historic chart I posted?
# Currency Crosses: Technical Outlook 09-08
The euro is weak across the board. In fact, the EURAUD is trading at a 19 year low and an objective is 1300 pips lower.
# U.S. Equities Rally Despite Drop in Mortgage Applications Last Week
U.S. stocks posted their largest gain in nearly two months despite a report that the number of mortgage applications declined for the first time in six weeks.
# Crude Postures for a Breakout but Gold Needs Momentum for Record Highs
Once again, we are left to qualify the sincerity of investor sentiment. Wednesday’s session brought a clear advance in the appetite for risk; but considering the lack of a distinct trend for equities, crude and even progress on gold, it seems traders are still waiting.
# Japanese Yen Forex Options Sentiment Suggests Major Reversal Near
Intensely choppy forex market price action has made short-term US Dollar forecasts especially difficult, but evidence of sentiment extremes in the Japanese Yen suggests that the USDJPY may soon reverse. Forex futures positioning data shows that Non-commercial traders are near the most net-long the Japanese Yen (short USDJPY) since the USDJPY bottomed in late 2009.

