USDJPY falls but rebounds after softer ISMISM's Holcomb calls it "nice, well balanced report"The ISM was a bit softer with employment falling below 50 and New Orders down a bit (from 57 to 56.9), but employment in manufacturing is not what it used to be and New order…Read More
EUR/USD: Parabolic Wedge TopThe 240-minute EUR/USD has a Parabolic Wedge Top. This could be a buy vacuum test of the top of the trading range. The final leg up was strong enough to give the bulls a 50% chance of a successful breakout. There is…Read More
USDCAD hanging near highs as Crude oil tests $40 per barrelTests $40/down 3.63%. Have not been this low since April. butCrude oil is trading down 3.63% and that is keeping the USDCAD supported in trading today. The price of the active contract is at $40.08 currently. Corr…Read More
EURUSD extends NA session range....Trying to make a play to extend the day's very LOW rangeThe EURUSD is trading at a new North American session high. That is the good news. The bad news is that the range is only 21 pips for the NA session and 28 pips for the …Read More
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