Forex Commentary: Gold pin bars recap, 9th November 2010

Forex commentary:

The dollar gained strength today as European countries that are heavily indebted were behind the headlines, the cost of protecting government debt against default increased substantially in the last week in Ireland, Portugal and Spain.

The euro has reached its lowest level in over a week against the dollar, hitting a low of 1.3750 today. the dollar was against a basket of currencies as the dollar increased at the rear of the currency market uncertainty today.

Negotiation/chart settings in the foreground:

GOLD

Gold formed a couple of good pin bar Setup last week that then pushed higher and savvy traders netted some seeds very decent.

We sent pin bar last Friday in the comment of Member before it came, broke with resistance and did what was an all time high. lower Price has rotated in Florida today close to, but this setting might have provided a risk of 1-2/reward if it was traded successfully. installing bar pin from 3 November worked very well.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Other markets:

On Wall Street stock fell today for a second day in a row as sell collected up closing, led by big losses as stocks of metal and Bank.

The Dow shed 60.09 points, or 0.53%, S & P 500 has lost 9.85 points or 0.81%, the Nasdaq lost points 17.07 or 0.66%.

The next important ads: 11/10

Safe boot: China – trade balance
06: 30: Britain – BOE Gov King speaks
06: 30: Britain – in BoE inflation report
09: 30: Canada-trade balance
09: 30: United States – trade balance
09: 30: United States – Unemployment Claims
2: 00 pm EST: speaks of the eurozone – ECB President Trichet
8: 30 pm EST: Australia – employment change
8: 30 pm EST: Australia-unemployment rate
10: 00 pm EST: China – CPI y/y

Forex Trade Setups Commentary: EURJPY rotation higher, Dollar Index reversal, 20th 2010 Ocotober

As we discussed yesterday, the EURJPY did turn higher, however the rally was a bit stronger than expected, as it was in the other currency pairs as well.

On 8 and 9-day ema is still trying like will lower transverse soon, we could see a move lower from here but we'd like to see 1 hr graphs or signal confirmation of price action for 4 hours before committing any new courts.

Classification of dollar:

The below chart is the index of the dollar, we put this to show how yesterday is toro move quickly in the USD was reversed today as bears right rear stepped in to sell the dollar down on the back of continued weak fundamental data.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

Note: We did get a rotation today in most majors as we discussed in the commentary yesterday, however, given the depth of the selloff yesterday and the strength of the rally today, these two forces have effectively neutralized with one another. Personally, I'm sitting on the sidelines and waiting for some strong h 1 or 4 h action price signals before committing a new short.

The dollar weakened today as investors anticipated that the Federal Reserve bank will soon provide cheaper stimulus. the dollar dropped across the Board against other majors on the back of the talk that the US Central Bank plans to spend $ 500 billion in bonds purchases the next six months, with the ability to commit to doing more in the next 18 months.

"Weak dollar on November 3, FOMC meeting is clearer now trade. investors want to continue on this path," said Amelia Bourdeau, senior currency strategist at UBS in Stamford, Connecticut. "Currencies (many) plunged against the dollar yesterday and investors are buying them back. "

Forex Commentary: AUDUSD range-bound, 1st November 2010

The daily currently is consolidating into a trading range between 1.0000 to 0.9675. There are chances of consolidation later mid-term elections American Tuesday and u.s. Federal Reserve announced Wednesday as regards quantitative easing.

Generally, these situations where we have a break in a trend and the price action is laterally, we give the favor of the previous trend, then it would be up. However, it's best to wait for a break of consolidation to occur and then look at the strength of breakout and wait for confirmation Settings action price before committing all positions.

Intra-day update:

The Reserve Bank of Australia raised interest rates by.25% today, as you can see in the chart below the market has rallied strongly out this news. it seems that a break off the top of this range is possible in the near future, this is a historic moment for the Australian dollar, further upside earnings are probably in the near future.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar rose today on the back of production data USA and Chinese forts and as investors wait for the next elections intermediate Tuesday and the announcement of the Fed Wednesday.

In recent weeks dollar's decline has slowed down a bit as traders reduce expectations about aggressive as it could be the fed and betting against the dollar has grown.

The dollar rose to 0.2% against the yen to 80 59 and the euro fell 0.4% for the dollar to 1 3882.

The Dow added 6.13 points or 0.06%, the S & P 500 added 1.12 points or 0,09% and the Nasdaq lost points 2.57 or 0,10%.

Forex Trade Setups Commentary: EURUSD pin bar update/Gold inside bar, 26th October 2010

EURUSD:

Bar pin EURUSD discussed in comment yesterday broke downwards, today, bottom closure from just over 100 seeds from yesterday.

We can see that this pair is starting to trade in a range between approximately 1.4000 and 1.3700. many traders who captured pin installation bar yesterday are now in a "free trade" and looking for a possible move down test support near 1.3700.

Gold:

Gold formed an internal bar/pin today and last Friday was formed a bar small pin bullish, as we can see in the following chart Is gold setting. up to defy the recent all-time highs near $ 1387? it is not clear at this point, but given the strength of recent uptrend is definitely a possibility.Keep in Mind, this setting needs to see a trigger of momentum to break the resistance evident just above the current prices, which would see a move up in the United Kingdom/New York session.The risk of failure of this configuration is high, unless the chart gold can follow through on the resistance to zone 1349.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar advanced today, increase about 0,8 percent against a basket of currencies. the dollar, however, substantial do lose ground pound after the best of British GDP expected numbers caused an increase in GBPUSD upward.

The Japanese Yen was weaker today against other majors, but against the euro ended the dish of the day. Winning today in the Forex market has been the pound, which rose by about 120 pips against the dollar and more than 130 pips against the euro.

Today's Session has led to a slow-down in recent inverse correlation between stocks and the dollar; stocked with top edges and the dollar advanced 0.8%, against a basket of major currencies.

The Dow added 5.41 points or 0.05%, the S & P 500 added point 0,02 and NASDAQ added 6.44 points or 0.26%.

Forex Trade Setups Commentary: Weekend Forex Update, 23rd October 2010

Friday's price action has proved to be relatively quiet in the FX market, there are still some very interesting support and resistance levels that we would take note this next week trading.

The graphs below show the important horizontal levels that can influence the price action on EURUSD, GBPUSD, Daily and GBPJPY trading this next week.

EURUSD: in intermediate trend, but currently looks congested, resistance to zone 1.4000 seems to be holding if wheel less earlier this week, probably that will fall in support to 1.3700.
GBPUSD:This chart was weak late, currently support 1.5650, we could see a rotation up to resistance in zone 1.5920-50 to allow a sales opportunity.If this error 1.5650 we could go lower in earlier this week.
Daily:Pair of trend, but currently showing internal bar, looks more congested, resistance comes near 1.0000, support sits near 0. long-term 9660. Prejudices postive neutral.
GBPJPY:If 127.50 holds earlier this week, we could see a boost, but there is strong resistance to 129.10 which should contain the price and can provide a point of sale to merge the downward trend.

Check out this video on a drawing by support and resistance levels for more information.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

Movement yesterday in the Forex market was relatively quiet, the dollar was mixed against other Major, closing modestly higher against the British pound, Swiss franc, Canadian dollar, losing ground modest to the euro, Australian dollar, New Zealand dollar and Japanese yen.

The Dow has end lower, however, closing around 14.01 points, or 0.13%, S & P 500 added 2.82, or 0.24% and the Nasdaq added 19.72 points or 0.80%.

Forex Trade Setups Commentary: EURUSD Update, 21st Ocotober 2010

The EURUSD pushed higher in the early stages of the trading session today, but couldn't sustain itself above 1.4000. Price quickly dismissed lower back into this area of resistance and closed the day around 1.3920.

We can see in the chart below today's downward refusal candle formed a break false high near resistance recently about 1.4000, lower price continue to remain below this level. support next approaching low starting this week about 1.3700.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar strengthened today, the euro rose to $ 1.4050 against the dollar soon in session, but during the day it was up to $ 1 3820.

The Japanese Yen closed today stronger against other Majors with the exception of a slight loss in the surging dollar neutral.

The Dow has added 38.60 points or 0.35%, S & P 500 add points 2.09, or 0.18% and the Nasdaq acquired 2,28 points or 0.09%.

Forex Trade Setups Commentary: Silver price action, 30th October 2010

Gold Silver performed Outside this week as both the rose of precious metals, on the back of continued signs of weakness of the dollar.

We can see in the workplace-daily chart below which the silver metal formed a small bar pin indicated the bullish refusal to support dynamic of exponential moving average on day 21 on October 22nd. Price more consolidated for several days, forming a second bullish bar pin "confirmation" and within a bar in the process.

Friday price higher and broken exploded Thursday in Setup.log bar we can see in the chart that resistance enters the head closer around $ 24.90 per ounce, it will be interesting to see what price action transpires around this level next week.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar eased on Friday after economic data showed that the u.s. economy grew in the third quarter, but not strongly just change the expectation of monetary easing from the Fed next week.

The index of the dollar edged lower, while the Japanese Yen however near its peak records in 1995 of 79 74 yen for one dollar.

The combination of American mid-term elections next week and the announcement of the Fed will probably have a profound effect on the currency markets and could set in place an inflection point up or down.

The Dow rose 4.54 points, or $ 0.04%, S & P 500 lost only 0.52 a point, or 0.04 percent and the Nasdaq acquired only point 0.04 or 0.00%.

Forex commentary: Consolidation is King, but for how long? 2nd November 2010

The EURUSD and Daily were trading in well defined intervals in recent weeks, will be announcing US Federal Reserve bank of tomorrow to be the catalyst that breaks these pairs of their ranges?

Merchants have been anticipating more quantitative easing by the Federal Reserve Bank of the United States, but it is unclear how the Fed will inject the American economy stalled. we may see more consolidation in Major break free from their recent commercial ranges if the announcement of the Fed disappoints, however, the ad should meet or exceed the expectations that we can see only the dollar further weakening of the trader and the EURUSD and Daily finally.

EURUSD chart daily:

EURUSD chart daily with 8 and 21 emas by day:

Daily daily chart:

As a side note, we recently made a blog post about the Australian dollar to achieve equality, it seems that the daily parity-party is on!

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar fell by 0.7 percent against a basket of major currencies, the correlation between the dollar and the S & P 500 was very close in recent weeks, standing at about-0.84,-1 is a perfect inverse correlation.

The dollar is likely to weaken in Federal Reserve monetary policy announcement tomorrow, after the news is released we could see a "buy the rumor, sell the fact" scenario with a slight descent-back to Eve recently against the dollar in most of the majors.

The Dow added 64.10 points or 0.58%, was the S & P 500 points or 0.78 9.19% and the Nasdaq added 28 68 points, or 1.14%.

Forex Trade Setups Commentary: GBPUSD, EURJPY Pin Bar recap, 18th October 2010 update

The GBPUSD pin bar configurations which we discussed in last Friday's commentary coming good bearish today.

The installation was counter-trend and gave traders a nice opportunity for a profit of 2: 1, level of dynamic support for 21 days ema is hovering just below;How can we see a rotation Back upwards from here. Note how this support area 21 day ema held strong on recent test of disadvantage.

EURJPY:

The EURJPY fired off a fakey bullish signal in line with the trend that we discussed in the commentary last week. This setting does not work out and we just wanted to post it here to demonstrate that happen losses.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar closed today much higher against other majors, but gave much of his earnings start session as the New York session came to a close.

Gold and silver pin formed bar reversals in line with the uptrend dominant today as investors watched last week's weakness, buying opportunity.

The Dow has added 80 91 points, or 0.73%, S & P 500 gained 8.52 points, or 0.72% and the Nasdaq acquired 11.89 points, or 0.48%.

Forex Trade Setups Commentary: EURUSD Rejecting Higher Prices, 25th October 2010

The EURUSD could close above resistance 1.4000 recently and today's price action brought with it another false break/refusal to this level.

Price formed a bearish pin bar Setup today indicating that the price might be unable to sustain itself above 1.4000 short-term. we could see a move in support near 1.3700 out pin bar inversion today, however, if the price can push higher and break even past 1.4000, we could see another leg upward.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar fell still today because of bets that the Fed moves to stimulate growth of the American economy by printing money to buy goods, this has also worked to raise the prices of raw materials and stock.

However, late in the session of today the dollar came out his basses and Euro finished the previous session earnings, this worked to limit the gains in stocks and commodities as well, as both finished well their session highs.

Forex commentary: Silver top model Expoding fakey complete – 4 November 2010

Forex commentary

The dollar fell further today.Weighing heavily on the dollar was greater energy and commodity prices. Gold spot touched record levels again today as the Fed move to increase the supply of money in the United States weighed down the dollar.
The weak dollar is considered as inflationary pressures for the American economy, however, that should help the sector export USA weak push. Technically the dollar remains extremely weak and the tendency remains bearish.

Negotiation/chart settings in the foreground

Silver

We have discussed setting bullish market for silver fakey members comment yesterday, noting the fakey/pin huge buy installation which was formed on the daily chart section.This was a "huge" long tail pin bullish bar fakey, that is not the conventional action price signal. this signal required above high bullish confirmation to confirm, and which in fact occur overnight, catipulting prices to record levels, producing a close above the resistance level of $ 25.00. Signals like this are you unique and rarely occur, but the principles remain the same. Annotated chart below shows the inside bar structure that then saw prices form a false break down and then reversing next back to top ups bullish, completing the fakey pattern.

For more in-depth information on of my action price trading signals/setup check out my Forex advanced action price negotiation

Other markets

In New York, the stock market extended impressive rally near two-year highs, a day after the Federal Reserve has unveiled a plan to revive the economy.

The Dow Jones added points 219.71 today, or 1.96%, S & P 500 gained points 23.09 or 1.93% and the Nasdaq added paragraphs 37.07 or 1.46%.

The next important ads: 11/5

Provisional: Japan – BOJ press conference
05: 30: Britain – PPI input m m
07: 00: Canada-employment change
07: 00: Canada-unemployment rate
8: 30amEST: Canada – building permits m m
08: 30: United States – non-farm employment change
08: 30: United States-unemployment rate
10: 00 am EST: United States – pending home sales m m
2: 00 pm EST: United States-Chairman Bernanke speaks

Forex Trade Setups Commentary: GBPUSD Sell Signals, 10-15-10

Action price GBPUSD formed sell signals on 1 hr, 4 hours, and daily charts break after a fake Friday levels of Thursday. We discussed the sell signal 1 hr Member Forum and affixed a chart just before came downwards.

Figure 1 hr formed an inversion of the bar pin very large, this bar pin is very wide and well-defined and represents what should look like a bar of quality pin 1 hr. There was also a bar in pin 4 HR very nice that identified the refusal of highs on Thursday.

The daily chart GBPUSD formed a bar bearish pin counter-trend but that could influence the lowest prices, next week. we can see a level of support fairly obvious near 1.5750.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The u.s. dollar regained some ground lost Friday against all major with the exception of a small loss for Japanese yen.

Comments from the US Fed Chairman Ben Bernanke add support for investor expectations for more stimulus from the Central Bank, but the market has already priced in this stimulus awaited is still under discussion.

Forex Commentary: AUDUSD nearing parity, EURJPY fakey update, 10-13-10

The Australian dollar is approaching to parity with the dollar. We can see in the chart below that recently there has been some very bullish price action in Daily, who has reported this move higher.

Note the fakey + combination installation of bar pin and then bullish pin 2 bars that formed recently. this situation are examples of how a market trend with simple price action trading formations.

EURJPY:

Installing fakey + pin EURJPY we discussed in the commentary yesterday broke more in line with the underlying trend. resistance comes close to 115.50.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

Global Stocks today pink on the expectations that the u.s. Federal Reserve Bank further loosen monetary policy to inject life the American economy stagnating.

Gold has reached a new all-time high today of $ 1374.15 per ounce as investors looked for safety, as the dollar continues to weaken. Oil closed just above $ 80 a barrel, moving 1.6% today.

The daily is almost equal and the dollar further weakened today against all the other major currencies.

The Dow moved up to 75,68 or 0.69%, S & P 500 added 8.33 points or 0.71% and the Nasdaq added 23.31 points or 0.96%.

Forex commentary: GBPUSD in support, November 8, 2010

Forex commentary:

The dollar gained strength today as worries about the debt load of Ireland weighed on the euro which gave the dollar relief from his descent recently.

Gold hit a new record to $ 1400 per ounce today as increased on concern over inflation.

Negotiation/chart settings in the foreground:

GBPUSD

The GBPUSD moved lower today, supporting around 1.6100, hitting this level you must take if we get another strong upward movement in this pair. operators may also keep an eye out for fakey configurations or pin bars that occur near this level after New York close tomorrow.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Other markets:

On Wall Street, stocks pulled back today as traders retreated from a manifestation that drove the indexes to the higher levels from the peak of the financial crisis in September 2008.

The Dow lost points 37.32 or 0.33%, S & P 500 lost points 2.62 or 0,21% and the Nasdaq acquired points of 1.07 or 0.4 per cent.

The next important ads: 11/8

05: 30: Britain – production production m m
4: 00 pm EST: New Zealand – RBNZ financial stability report
8: 30 pm EST: Australia – Home Loans m m

Forex Trade Setups Commentary: GBPJPY inside bars 9-2-10

The GBPJPY formed 2 consecutive inside bar, indicating that this market is tight clearance for a possible break strong out move. The trend is down so that we should encourage the disadvantage right now. However, given the fact that support sits near below 127.65 near, not really see a reward great respect to the risk.

Ideally, it would be for this within the upper bar setup to break and run into resistance near 132.00 and subsequently form a setup of downward price action. in this case would we then held a short.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading training course.

Comment:

The dollar was mixed against some currencies today, on the rise and fall against the other. how to close the session in New York, the dollar has made modest gains against the pound sterling, Australian dollar and Canadian dollar.

The dollar has lost ground modest for the euro, the Japanese yen and franc, New Zealand dollar.

The Dow added 50 63 points or 0.49%, S & P 500 rose 9.81 points or 0.91% and the Nasdaq added 23.17 points or 1.06%.

Forex commentary: Palady and EURJPY Update 9-17-10

Posted on 18 September 2010

Settings of Trade Forex commentary: Palady EURJPY important levels and watching.

AUDUSD:

Fakey/pin bar inversion, the daily showed a pattern of topping in the form of a downside.The couple can push down next week before we see a revival of the uptrend.

Wouldn't recommend novice Forex traders take this configuration counter-counter trend because we firmly believe-trend trading is the Kingdom of traders experience more. However, we would like the advice merchants keep an eye on support near 0.9220-0.9180 next week as we believe this is an area of strong support setup action. A solid price forming bullish near this support would be a good long setup.

The synopsis of chart above daily is a good example of how you can simply still effectively schedule your trades before hand using simple price action. Click here if you want to read because simplicity is neglected in Forex trading.

EURJPY:

The EURJPY busted out of its range of trading high near 109.50 earlier this week the pair seems to be set for a possible rotation bottom at some point this week next trading after refusing to fall today.

However, rather than fighting explosive bullish momentum this week would prefer to wait and see some form of action strong bullish price near the considerable level of support of 109.50 and then try to get along.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar and the Japanese yen has regained some of their lost ground on the eve of today as in riskier assets recently took a breath.

The Swiss franc remained strong today, gaining on both the dollar and the yen.

For the week, the Dow was 1.4%, the S & P 500 added 1.5 percent and the Nasdaq added 3.3%.

Forex Trade Setups Commentary: EURUSD Signficiant Levels, 10-10-10

The recent uptrend in EURUSD stuck out in the last 2 days of this week's trading. Can we see some significant levels in the chart below to keep an eye out for next week.

Upwards we can see that an area of resistance was formed near 1.4030. support is coming in the short term around 1.3630 and down about 1 3330.

These levels will likely be significant ones to watch per share price negotiating configurations negotiating this next week.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar sank Friday against other major currencies as a jobs report showing a dismal loss 95,000 job last month gave further weight to the notion that the Federal Reserve of the United States will adopt quantitative easing and inject cheap money into the economy to help stimulate economic growth.

The dollar abandoned for another 15 year low against the Japanese Yen Friday, hitting a low of about 81 72 before closing approximately 82 07 pm against the yen.

The Dow closed up in paragraphs 57.90 or 0.53%, S & P 500 added 7.09 points or 0.61% and the Nasdaq added 18.24 or points 0.77%.

Forex Trade Setups Commentary: GBPUSD fakey reversal 9-30-10

The GBPUSD put in a massive fakey reversal Setup today between the strong resistance of 1.5900-1.6000. Note the fake break that occurred by 1.5900 and up one candle of mother of Tuesday.

Keep in mind this is a configuration of counter-trend and lately, given the significant weakness of the dollar across the Board, it is recommended not to anyone who buys the dollar at this point.We wanted to simply display looks like a solid formation fakey to see what price does from here. This really could go either way because it is counter-trend, and as you know we rarely take positions counter-trend.

Fakey installations of this size sometimes experience retracements, to learn more about setting fakey click here: installing Fakey Forex

To learn more about how exactly I Trade forex fakey setup check out my forex trading course.

Comment:

The dollar was mixed today, beating the pound, Swiss franc, Australian dollar and New Zealand dollar, but losing ground modest Canadian dollars, euro and Japanese yen.

The GBPUSD formed a massive installation fakey downwards and we are seeing signs of counter-trend can setting move up in some of the other major currency pairs as well.

The Dow was down 47.23 points or 0.44%, S & P 500 fell 3.53 points or 0.31% and the Nasdaq lost points 7.94 or 0.33%.

Forex Trade Setups Commentary: AUDJPY Weekly Chart Analysis, 10-4-10

AUDJPY weekly chart is showing a strong level of support that come into play near 79.50. Note in this weekly chart we can see on 8 and 9 moving averages have crossed top indicating that is building momentum upwards. Lowest price Should rotate in support 79,50 we would watch the daily charts and 4 hours for bullish price action to get along.

Note also the 2 configurations of bar very poorly formed pin bullish who formed Back near the end of August, and inside bar that has formed just below the current support of 79.50.

Today's Chart shows the power of clear and simple price action configurations and the benefits from trade times higher in Forex.

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading training course.

Comment:

The u.s. dollar regained some lost ground against the euro today on concerns persisted for debt of the euro zone. Speculation loosening more federal reserve of the United States has worked to increase prices on treasuries.

The Central Bank Ireland said will scan virtual economy stop this year; This adding pressure to the euro and put once cares for euro area economies on the main stage.

The euro fell 0.80% against the dollar, up to $ 1.3678. the dollar rose to 0.25% against the Japanese yen, to 83.40.

Despite moderate rally today in USD, the tendency of a weakening dollar remains intact, both technically and fundamentally.

The Dow lost points 78 41 or 0.72%, S & P 500 fell 9.21 points or 0.80% and the Nasdaq fell 26.23 points, or 1.11%.

Settings of Trade Forex commentary: warning signs in the air – reversing signals on key pairs of FX, 10-7-10

The Forex market you threw in some warning signs of a possible today imminent reversal in most couples FX main.

We are looking into daily the daily charts, gold and the GBPUSD respectively. Note that before you reverse the daily broke at new year 27 highs less and not having close above resistance to 27 year high near 0.9850.

Gold formed a bearish reversal candle huge today that seems to have the potential to produce at least one rotation short-term bottom.

Perhaps the signal stronger today was the bar bearish pin GBPUSD who refused to resistance around 1.6050 today. This pair appears to have some room to fall downwards, as the next media isn't up to around 1.5670.

Note: these signals are all counter-trend, but at least I'm still watching signals on withdrawals as soon as possible.

AUDUSD:                                                                                        Gold:

GBPUSD:

For deeper analysis of the major currency pairs and analysis of forex price action, check out my forex trading course.

Comment:

The dollar rebounded today after the overthrow of a 15 year low against the Japanese Yen the dollar also reversed. most of its loss of session start against the euro since euro moved above $ 1.4000, making another higher.

Perhaps more news from the Forex market today was the dollar weakening of all-time Low against the Swiss franc and a low of 27 years against the Australian dollar, a result of expectations that the Federal Reserve could print more money to help save the u.s. economy anemic.

USD strength today also caused a slide in raw; oil fell from a maximum of five months and copper and gold interrupted their recent rally with gold put in its biggest move of one day less in a month.

The Dow lost points 19.07 or 0.17%, the S & P 500 lost 1.91 points, or 0.16% and the Nasdaq acquired points 3.01 or 0,13%.