Can somebody tell me what higher treasury yield does for the USD? You can see that the benchmark yield on the 10-year Treasury Note has exploded out of a multi-month range. It hit 1.97% earlier this morning, the highest since last May, after ...

EurAnalysis

Thanks for sharing your perspective, it is always good to get other people's opinions. Take care Alorente.

Third Screen Strategy - Dr. Alexander Elder

Good luck on your trades Alorente! Just curious, do you see these targets due largely to USD weakness? How are these levels fundamentally supported?

Third Screen Strategy - Dr. Alexander Elder

Just closed out a few NZD/USD and AUD/USD shorts for a little over $2k. Also opened up another short @ 1.0446

AUD/USD

I actually think that the moves fell in line very nicely when looking at EUR/USD, GBP/USD, and AUD/USD. When looking at EUR/AUD and GBP/AUD price has come back down (retraced) to their weekly trend lines almost perfectly. Now, what I see happening ...

EurAnalysis

Hi Alorente, If you're interested I posted my analysis with charts for AUD/USD and GBP/USD here: url Hopefully this helps...

EurAnalysis

Needless to say I am also bearish on NZD/USD as well as EUR/USD. I'll try and post an analysis with charts for NZD/USD at the close of this week.

Third Screen Strategy - Dr. Alexander Elder

I am also bearish on GBP/USD, just not as much so as I am on AUD/USD. Keep in mind, price has not closed above 1.63 for over a year so this is a pretty strong resistance area when looking at the weekly charts. 1st Target: 1.5925 2nd Target: 1.55 ...

Third Screen Strategy - Dr. Alexander Elder

I'm bearish regardless of the news driven knee jerk reaction... I'm definitely USD Bullish for the foreseeable future

AUD/USD

LOL

Cable Update (GBPUSD)

I use to trade Gold, Oil, and DOW when I first started trading but I prefer currency pairs now. One major reason is due to the fact that I use a US broker and we can't trade spot gold, oil, or the DOW (due to the DODD Frank Act) and I don't have any ...

AUD/USD

Nice!

Cable Update (GBPUSD)

I am also bearish on GBP/USD, just not as much so as I am on AUD/USD. Keep in mind, price has not closed above 1.63 for over a year so this is a pretty strong resistance area when looking at the weekly charts. 1st Target: 1.5925 2nd Target: 1.55 ...

Cable Update (GBPUSD)

A/J is definitely due for a correction. Can probably squeeze a couple hundred pips out of it. Keep in mind though that the overall trend for AUD/JPY should be up due to the weakening of the JPY. JPY has now broken a 6 year uptrend and I ...

Cable Update (GBPUSD)

Let me know if you have any questions and I'll do my best to help.

AUD/USD

AUD/USD I'm going to post Monthly, Weekly, and Daily charts with major support / resistance as well as trend lines just to give you an idea as to why I am short and where I believe we are headed. Monthly - Lower Highs from a monthly perspective for ...

Third Screen Strategy - Dr. Alexander Elder

You're welcome! To be honest, I am still learning patience myself, it's not easy... *I still wouldn't consider myself a "position trader" by any means, I am more of a Swing Trader. The biggest problem I had (and still do sometimes) is over ...

AUD/USD

Nice! I don't need my sunglasses to look at this chart... LOL (jk)

Cable Update (GBPUSD)

Thank you mnmnmnmnmnmn. No I won't be closing any positions. These positions will remain opened for the next couple of weeks at least, UNLESS we close above 1.06 on a weekly close. This would invalidate my mid-term analysis for AUD/USD. I'm going to ...

AUD/USD

You are correct, I won't add a buy/sell position just because H1 says over bought or over sold. I will actually wait until first position(s) are at least 100 pips in profit UNLESS I am at the top / bottom of what I think to be a long term trend. If ...

AUD/USD