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Latest Articles

USDJPY Makes Higher Daily Lows
By: Janne Muta - 01 April 2015

USDJPY has been moving sideways since November last year and is now reacting higher from a support at 118.33. Since then the pair has briefly penetrated the November high and has created a series of higher [...]

Weekly Hammer At Support Send USDCAD Higher
By: Janne Muta - 30 March 2015

USDCAD (weekly) has been moving sideways since the beginning of February. The proximity of the year 2009 high has caused the sideways move. I suggested in my analysis at the time that USDCAD should [...]

EURGBP Correcting Lower And Breaking Support Levels
By: Janne Muta - 27 March 2015

I suggested in my previous EURGBP analysis that as long as the market keeps on moving lower and there is no price based evidence to the contrary there is no hurry to close the [...]

S&P 500 At Support After 4.67% Drop in SMH
By: Janne Muta - 26 March 2015

The US stock market declined for a third day in a row yesterday. Dow Jones Industrial Average lost 1.62% while Nasdaq and S&P 500 declined by 2.37% and -1.46% respectively. This has impacted the [...]

German March IFO jumped to 107.9
By: Janne Muta - 25 March 2015

German March Ifo jumped to 107.9 (median 107.3) from 106.8 in the previous month. The higher than expected reading was boosted by a sharp rise in the expectations index, which came in at 103.9, after [...]

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