Author Archive

• USDJPY Finds Sellers Despite Intervention Threats
  gregmikefx, February 7th, 2012 at 9:49 am, Comments: 0

  The $USDJPY tested the 38.2% of the move down from the January 24th high to the low reached on February 1st. That level comes in [...]

• USDJPY Breaks To New Month Highs
  gregmikefx, January 24th, 2012 at 8:28 am, Comments: 0

  The $USDJPY moved above the 100 day MA for the 3rd time in the last 4 days. This time the price has gathered momentum to [...]

• NZDUSD Finding Some Resistance
  gregmikefx, January 4th, 2012 at 9:49 am, Comments: 0

  The $NZDUSD has tested the 100 day moving average (MA) over the last few days of trading. The level comes in at the 0.7902 level. [...]

• Swiss Vote Against Negative Interest Rates
  gregmikefx, December 21st, 2011 at 1:11 pm, Comments: 0

  The Swiss Parliament voted against a motion for the government to create a legal framework for negative interest rates. This runs counter to the comment earlier [...]

• EURUSD In Narrow Trading Range
  gregmikefx, December 7th, 2011 at 8:53 am, Comments: 0

  The $EURUSD current trading range for the week at nearly the half way point is 153 pips with a high of 1.3485 and a low [...]

• EURUSD Continues Its Slide Lower
  gregmikefx, November 1st, 2011 at 9:11 am, Comments: 0

  The $EURUSD has continued to slide in NY trade as Greek referendum threatens the Eurozone Greek rescue.  If the referendum vote is “No” a full [...]

• EURUSD Falls To New Lows
  gregmikefx, October 26th, 2011 at 10:23 am, Comments: 0

  The $EURUSD has broken the low floor area going back to yesterday afternoon at the 1.3892 level. The 1.3876 is the next target followed by [...]

• NZDUSD Tests Daily Trendline Support
  gregmikefx, October 4th, 2011 at 4:00 pm, Comments: 0

  The 0.7502 level was tested in the $NZDUSD. This is the trendline which extends from the lows in June 2010. The price was below that [...]

• SNB Moves Sterling
  gregmikefx, September 29th, 2011 at 11:00 am, Comments: 0

  SNB official says will increase shift toward GBP over the coming year. The $GBPUSD has moved sharply higher in reaction as has the $GBPCHF. The $GBPCHF [...]

• GBPUSD Tests Key Support
  gregmikefx, September 9th, 2011 at 10:58 am, Comments: 0

  The $GBPUSD is testing the trendline support at the 1.5905 level today (see daily chart below). The price has moved below this level today. The [...]