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May 25 2015The EUR/USD and GBP/USD posted losses on Monday in a lightly traded session. Losses were limited, however, because many of the major players took the day off because of bank holidays in Europe, the U.K. and the U.S. Helping to pressure the Euro and British Pound was follow-through selling pressure left over from Friday’s sharp […]
May 25 2015USDJPY outlook positive despite overbought conditions but we must beat minor resistance at 121.52/62 to target the most important resistance of the day at March highs at 122.00/02. Sell @ 122.00, stop 122.15. Target 1 @121.65(trail stop to entry), target 2 @121.50. A sustained break above 122.10 however is a buy signal & targets 122.20/25 […]
May 25 2015June E-mini Dow Jones Industrial Average futures are trading weaker shortly before the futures market opening. Today’s session will be a short one because of today’s U.S. Memorial Day holiday. Look for volume to be well-below average. During the pre-market session, the Dow posted a lower-low than the previous day. This made 18334 a new […]