We are back with our weekly recap of the Forex markets heading into the weekend. A quick look at the USD/JPY showed consolidation for the majority of this week. This market looks like it may be forming a bottom after a very healthy retracement. We also are seeing the emergence of a downward wedge which could cause the yen to move very dramatically once it breaks out.

We are back with our weekly recap of the Forex markets heading into the weekend. A quick look at the USD/JPY showed consolidation for the majority of this week. This market looks like it may be forming a bottom after a very healthy retracement. We also are seeing the emergence of a downward wedge which could cause the yen to move very dramatically once it breaks out.

Here's the problem with USDJPY. So many people are bullish on USD/JPY because the BOJ says they want to weaken the Yen. Is it happening - nope? The BOJ has the weight of the world on it in falling markets, plus USDJPY is constantly swimming against the prevailing ocean current.

We are back with our weekly recap of the Forex markets heading into the weekend. A quick look at the daily chart of the GBP/USD shows a market trending left and right. After having spent the previous ten days moving upwards, this week was all selling as the market moved down for five days. We have now begun to form a flagging pattern in the market.

I guess it is no different this time. There are always more questions than answers. I guess the first question is: Are we finally seeing a change to the "all one market" liquidity-driven correlations in global markets?

We are back with our weekly recap of the Forex markets heading into the weekend. There was a little bit of activity in some markets this week. The Euro has been on a slight upward incline over the past three weeks and we are now hitting against some resistance levels. These resistance levels are coming in both on an angle basis as well as the levels of past highs in the market.

In today's equities and curreny review/preview, we take a look at the Gold and EUR/USD markets. While we have recently seen the Euro strengthening against the US Dollar, we must be cautious at this point due to the French elections that are occurring. What happens in this geopolitical event could have a profound impact on these markets this week.

We are back with our weekly recap of the Forex markets heading into the weekend. In the USD/JPY, we saw this market start to rebound towards the end of the week after having sold off for about the last three to four weeks. While we have seen a slight rebound, this market is not looking poised to make a strong run to the upside.

Today's video will be slightly different than what we have presented in the past. I will be giving you a fundamental opinion of the markets which is something that I generally do not do. While I think that individual traders should understand the fundamentals, it is not generally something I recommend trading since it is so difficult to get a handle on.

We are back with our weekly recap of the Forex markets heading into the weekend. The GBP/USD has been consolidating over the past 3 months and has been unable to find any real direction. We saw a sell-off towards the end of last week, but this market began to move back upwards before selling off today once again.