Recent content by MDunleavy

—USDJPY Analysis - December 29, 2012 —USDJPY's upward movement from 77.14 extends to as high as 86.63. —Further rise could be expected after consolidation, and next target would be at 88.00 area. —Support is at 85.50 followed by 84.50, as long as these levels hold, the uptrend will continue...

—USDCHF Analysis - December 17, 2012 —USDCHF breaks below 0.9214 support, suggesting that the downtrend from 0.9971 has resumed. —Further decline could be expected next week, and next target would be at 0.9000 area. —Resistance levels are at 0.9300 and 0.9400, as long as these levels hold, the...

—The GBP/USD fell friday to trade at 1.6010 after the Bank of England yesterday held rates and policy. —Today, industrial production and manufacturing production both disappointed markets reporting well below forecast, casting a greater doubt on the UK economy. —Just a few days ago, the UK...

Crude Oil Weekly Technical Outlook •Sat Nov 24 12 09:51 ET Crude Oil Weekly Technical Outlook Nymex Crude Oil (CL)Crude oil edged higher to 89.98 last week but failed to take out 90 psychological level and retreated again. •Nonetheless, note that firstly, it's has taken out near term falling...

•The dollar index continues to remain firmly bullish on the daily chart, moving higher and breaking above the 81 region, as the currency of first reserve continues to strengthen following the U.S. election. •This firm move higher for the U.S. dollar has been accompanied by sustained buying...

EURUSD Analysis 10th November 2012 – P&F Update... ↓↓↓ Click to learn more!↓↓↓ https://docs.google.com/spreadsheet/pub?key=0AhxKzvQ2GlM8dDBqYWl6XzlEbFZDWFVob0FMbG9nbGc&output=html https://docs.google.com/file/d/0BxxKzvQ2GlM8ZmRlMjViOTMtNjAyMS00NzUxLWFjMjEtODk0ZjFlNzg5YzQ5/preview See also vvv...

–The AUD/USD pair initially fell during the week, but found a bit of a bid later on and formed a hammer. –This is right after to shooting stars, and is in the middle of a massive consolidation area. –We figure that this pair will be very difficult to trade, although it does look bullish at the...

I think it's quite possible ...

–Gold Prices Range bound till New Effective Triggers are seen: –Gold traders now look ahead to next week and movements in gold prices will be taking cues from the FOMC interest rate decision on Wednesday and Q3 GDP data on Friday. –It is highly unlikely for the Fed to change its QE3 decision in...

Last picture! Really that the price will go down?

–USDCHF: With USDCHF reversing almost all of its corrective recovery gains the past week, the big risk is for it to return to the 0.9238 level. –If this occurs in the new week, further declines will shape up towards the 0.9193 level, its May 07’2012 low with breach targeting the 0.9100 level...

Crude Oil Weekly Technical Outlook 100 psychological level proved to be a difficult level for crude oil to break through. Last week’s sharp decline and break of 94.08 support indicates that rebound from 77.28 has finished at 100.42 already. Deeper decline should be seen in near term back to...

–The GBP/USD pair rose during the session on Friday and even managed to break through the 1.63 level at one point. –However, by the end of the day we saw a pullback that formed a shooting star. –This pair has been overbought for a while, and as such a pullback would be welcomed by many of the...

Yes, it is a good indicator!

–Euro/dollar had a positive week, riding on the determination of the ECB in using its firepower to counter the Spanish crisis. –The upcoming week is even more important, with the German constitutional court’s ruling needed to enable the bailouts. –There are quite a few additional regular...