Feb 102018
 
Canadian Dollar Rate Forecast: CAD Taps 2018 Low After Employment Miss

Traders should be salivating when a move like we've recently seen in USD/CAD develops. In short, after tracing out a bullish falling-wedge pattern, the price has retraced 61.8% to a 2018 high (low-point so far for CAD) at 1.2665 after a key employment data number showed the most jobs albeit, part-time …
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AUD/USD Elliott Wave Analysis Shows 3 Year Pattern Ended Last Week

AUD/USD Elliott Wave analysis shows a three-year pattern completed on January 31. This suggests the price trend has shifted from up to down for the next several weeks and month. Our 2018 AUD/USD forecast included a smooth start and rough finish. We were anticipating a mild break higher above …
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Dow 30, USD/CHF Technicals: February 09, 2018

The US 30 index attempted to rally on Tuesday but spent Wednesday and Thursday forming a Head-and-Shoulders pattern that triggered in the final hours of yesterday's session. This is shown on the chart with the head and shoulders tops marked in red boxes and the neckline in blue. As the market …
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Automatic stay of legal proceedings against Global Brokerage ends

The action is brought on behalf of a putative class consisting of all persons and entities who purchased or otherwise acquired publicly traded FXCM securities from March 15, 2012 to February 6, 2017. The complaint alleges that FXCM misled its clients, investors and the regulators by claiming that the …
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