In today’s FX Hour, we discussed cross pairs and comparing currency strength We discussed how the U.S. dollar can be strong against other currencies while showing weakness against commodities. We showed how to compare different currency pairs and combinations of crosses to determine which currency is the strongest and weakest. We reviewed the major indexes, […]

In today’s FX Hour, we discussed the economic and technical pressure on the economy and equity markets We discussed inflation risk and economic slowdown. We look at our “canary in the coal mine” indicators of Visa, MasterCard, and home builders but we also discussed energy pricing and the declining discretionary income. We looked at the […]

In today’s FX Hour, we discussed the Debt Ceiling and possibility of Debt Default We discussed the risk being priced in to the very short term treasury notes and bills but not as much in the long-term bonds. We discussed the impact to the bonds and the U.S. dollar and discussed the response and reaction […]

In today’s FX Hour, we discussed the markets pricing in future tapering and a potential taper tantrum We reviewed areas where buyers and sellers have changed control and how these levels, along with the MonkeyBar levels are providing us targets for the tapering and where price may bounce. We reviewed the major indexes and currency […]

In today’s FX Hour, we discussed the corrections in U.S. equities We looked at the bearish move in equities and the test of key monkeybar levels in intraday, monthly and annually. We discussed the next target if the moves confirm the breakout below the next key monkeybar levels. We looked at the major indexes, currency […]

In today’s FX Hour, we discussed short term trends and the bearish move in equities. We looked at the bearish move being supported by higher volume and monkeybar levels. We identified targets and expected outcomes with equity indexes, currency pairs, commodities and other instruments. We looked at long-term and short-term trends and long and short-term […]

In today’s FX Hour, reverse Fib fans were demonstrated. We discussed how to identify a trend reversal and how to create targets and a trailing stop. We looked at multiple time frames and multiple instruments. We combined the Monkeybar levels with the reverse Fib fans and demonstrated how to find the confluence of key levels. […]

In today’s FX Hour, we anchored September’s Monkeybar levels. We discussed the major indices and gold prices sitting at the projected fair price for the upcoming month. We looked at the major currency pairs and commodities and discussed market correlations with copper, FCX, FXI as well as oil and the Canadian dollar.