Crude futures are ignoring the negative report from the IEA regarding demand after Nigerian militants attacked and forced the closure of Shell production wells. Militant attacks are on the rise again in Nigeria, and are countering any negative news investors

The USD/JPY continues to tease investors as it fails to follow through on its threats of a large pullback. We've seen rising volume to the upside followed by climbing volume to the downside, hence the relatively tight trading range.

Gold is following the consolidation of the Dollar and U.S. equities while ignoring the pop in crude. The precious metal seems range bound for the immediate-term as investors await the heavily-weighted economic data coming later in the week. Gold has

The GBP/USD is knocking on the door of our 3rd tier downtrend line once again as it reaches an inflection point with our 3rd tier downtrend line. While the Cable is in the position to make a technical breakout today,

The EUR/USD's upswing on Friday fell short of 6/24 highs as we anticipated since volume wasn't strong enough to create a more significant movement to the upside. The currency pair is propelling from our 2nd tier uptrend line on Monday

The S&P futures are performing nicely Monday morning as they attempt to create separation between price and our near-term downtrend lines. The S&P futures could have a little upward mobility today should they clear our 1st tier resistance. The next

The Australian dollar, often referred as the Aussie, fell for the first time in 5 days against the U.S. dollar and other currencies after China's comments indicating that the greenback will continue to be the main world reserve currency, damping

The dollar started this week's session rallying against several main currencies after China stated that it may continue to be used as a main reserve currency, and that the Asian nation won't change its foreign currency reserves suddenly.(...)Read the rest

The greenback hasn't move much after our previous update and as price is still staying below the flat ground Kijun-Sen, suggesting marginal fall below 95.04 still cannot be ruled out, however, we are also maintaining our consolidative view on the

Our previous recommendation to exit our short entered at 1.4100, scoring over 100 points profit, proved to be correct as the single currency found good support right at the Kijun-Sen and rebounded from 1.3982 throughout European session, the candlestick with

EUR/USD was supported by 4 hours 55 EMA and recovered. We'll continue to stay neutral until a break of 1.3826/4137 range. Above 1.4137 resistance will suggest that rise from 1.3747 is still in progress and will favor extension to 1.4337

GBP/USD strengthens mildly today but after all it's limited below 1.6617 resistance. We continue to stay neutral in GBP/USD with it bounded in established range of 1.6185/6617. The consolidative nature of price actions from 1.6617 argues that more upside would

With an intraday low at 95.04, intraday outlook remains neutral for the moment and some more sideway trading could be seen in USD/JPY. While another fall cannot be ruled out as long as 96.56 resistance holds, we'd continue to expect

EUR/USD is in a broad consolidation, after bottoming at 1.2331 (Oct.28,2008). Technical indicators are neutral, and trading is situated above the 50- and 200-Day SMA, currently projected at 1.3064 and 1.3524.

Yesterday Dollar/Yen made a moderate increasing movement on Thursday. Oscillators indicate that short term signals are neutral. Immediate support is 95.35, which may be tested today before market closes. First resistance is 96.60, followed by 97.85. Trading today is expected