Jan 10, 2011

Aussie Retail Sales Rebound in November Australian retail sales rebounding in November, climbing 0.3%, matching the consensus forecast heading into the report. That rise follows a 0.8% decline in retail sales in October, which was revised higher in today’s report – was originally a 1.1% drop. The data means that retailers had a bounce back month and that...

Dec 30, 2010

Top Stories – CHF At Record Highs vs USD, EUR, GBP; AUD/USD Hits Record High Today’s session was characterized by further USD weakness and at the same time strength by the Swiss Franc. The CHF hit record highs against the GBP, EUR, and USD simultaneously. The USD was also weaker against both the Japanese Yen and the Australian Dollar. (*If you have any...

Nov 3, 2010

Forex Technical Update November 3, 2010 – USD/CHF’s Double Top Setup Ahead of FOMC Tools: Simple Moving Average(SMA) 50-period (red), 200-period (bold, gray) RSI-14 with Simple Moving Average 5-period of RSI attached. Fibonacci Study Elliott Wave Principles Market and Price Action (patterns, candlesticks) Multiple Time-Frame Analysis Make sure to join...

Oct 18, 2010

// (Please click on the forex chart thumbnail to enlarge) 10/18/2010 Forex Trading Technical Analysis (FXpath.com) – USD/CHF (a 4-hour chart of which is shown) as of Monday (10/18/2010) has been making yet another bullish retracement beginning late last week, within the context of the strong bearish trend that has characterized this currency pair… ...

Oct 14, 2010

(Please click on the forex chart thumbnail to enlarge) 10/14/2010 Forex Trading Technical Analysis (FXpath.com) – USD/CHF (a 4-hour chart of which is shown) as of Thursday (10/14/2010), after having just broken down below the previous all-time low of 0.9554 that was established one week ago, has established a new all-time low at 0.9463 before… ...