Trading Markets

Sign Up For Our FREE Newsletter

The USD/JPY and 116.00

The USD/JPY continues to congest on the daily chart between a narrowing triangle pattern. This set up has traders looking at 116.00 and the near term high at 116.07 as a decision level for where a sustained breakout could strengthen.

The U.S. Dollar at Key Level

The U.S. Dollar Index weakness has become a well-known and often-discussed news item. The weakness is such that it has crosses the chasm from active traders and into the consciousness of casual market observer.

The Dollar Stays Put as NFP Approaches

With NFP approaching there will be few dramatic moves (barring unforeseen geo-political events) that will encourage traders to want to step out in front of the NFP.

Second Chance with the Dollar

I think what many traders must learn to do is recognize when the charts don’t look quite “right”. What are some clues?

The Dollar Wakes Up for ’07

Could it be that the Dollar was simply waiting for ’07 to begin partying? As a trader, the only thing that keeps me out of busines is a flat market, so this breakout from the sideways action is welcome.