EUR/USD Gaps Up as Macron, Seen as the Stable Option, Wins First Round of French Election Voting

April 24, 2017

The first round of French Election voting has been completed and markets have been able to finally exhale. We now know that it will be Emmanuel Macron and Marine Le Pen that will face off in the second round of …

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Stating the Obvious. SP500 is in a Bull Market

April 21, 2017

It’s always nice to end the week with the obvious and you don’t get much more obvious than this bullish setup on the S&P 500. S&P 500 Daily: Click on chart to see a larger view. The SP500 daily chart …

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EUR/GBP Support. Here We Go Again!

April 20, 2017

Here we go again! If you’re a regular reader of the blog, you know we’ve been trading the same EUR/GBP support level for what seems like forever now. After breaking out of resistance back in June on the back of …

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GBP/USD Rockets Higher as British PM Theresa May Calls Election

April 19, 2017

GBP/USD rocketed higher after British Prime Minister Theresa May shocked markets by first making an unscheduled announcement and then calling a June 8 election. Prime Minister May alerted the people that she has recently and reluctantly come to the decision …

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