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Successful Global Positioning System IIF-2 Launch from Cape Canaveral AFSSaturday, July 16, 2011 @ 5:27AMSuccessful Global Positioning System IIF-2 Launch from Cape Canaveral AFS

Canadian Dollar Forecast to Gain FurtherThursday, July 14, 2011 @ 10:23AMA continued shift towards forex trading crowd USDCAD buying gives strong contrarian signal that the pair could continue its declines. The ratio of long to short positions in the USDCAD stands at a noteworthy 3.30 as 77% of traders are long. Looking at recent shifts, long positions are 1.8% higher than yesterday and 34.6% weaker since last week. Yet short positions are likewise 3.8% lower than ...

Kiwi All Time High and Negative SSI Creates Buying OpportunityFriday, July 8, 2011 @ 10:48AMYou may have heard the cliché of “buy low and sell high”. Breakout trend traders know that when prices reach levels never seen before, then there is unusual strength in the trend.

Safe Havens Bid Higher as U.S. Nonfarm Payrolls Miss DrasticallyFriday, July 8, 2011 @ 9:03AMThe Japanese Yen and the Swiss Franc were the two strongest currencies in the pre-North American session as the crucial jobs report for June from the United States fell short of expectations by 83 percent.

USDJPY: Pullback Hinted at Channel TopFriday, July 8, 2011 @ 4:33AMUSDJPY put in a Spinning Top candlestick above resistance at a rising channel set from the early June, hinting a pullback is ahead. The signal is insufficiently strong to be actionable however and we will remain on the sidelines for now.