Tag Archives: Forex Trading

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USD/CHF Swing Projection to 0.7850

The USD/CHF sharp decline out of a pennant consolidation pattern reflects bearish continuation. When we look at the daily chart, we see that we had a swing projection to 0.7850, and the market is n…

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Conference Board US Consumer Confidence Index 59.5 in July vs. 57.6 in June

US consumer sentiment unexpectedly rebounded in July, with the Conference Board US consumer confidence index increasing to 59.5 from June’s downwardly revised 57.6 that was an 8-month low, a Confer…

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USD Core Durable Goods Orders July 27, 2011

USD Core Durable Goods Orders, Change in the total value of new purchase orders placed with manufacturers for durable goods, excluding transportation items. It’s a leading indicator of production -…

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GBP/AUD Confirms Down to 1.442x & 1.413x Levels

The GBP/AUD went testing broke “all time low” support as resistance last week then move downward again. All signal are very clear, I expected the target at 1.442x or better to 1.413x level from the…

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