phFactor

NZD Breaking a recent Down Trend, resuming Upward climb back to .745 ? Will a Strong Trump USD cause a reversal of the trend ?

Appears to be roughly following a Sine Wave pattern... for the duration...

If I didn't know better, and I'm not saying that I do, but this FX:NZDUSD seems to be setting up a channel...?

Not out of the woods yet, but has this limbo dance has finally taken a break ? » FXCM Inc (NYSE:FXCM) announced today that it is selling its Japan-based arm to Rakuten Securities for approximately $62 million » First-quarter net income quadrupled to $374.4 million, or 99 cents a share, as net revenue climbed 8.2 percent to $3.18 billion, including the unrealized...

It appears that since the investor relations conference call that generated a positive spike in March, confidence is slowly returning as the FOREX giant recovers from it's unexpected losses in response to the Swiss Franc debacle. Given the longevity of current market forces, it may be able to return to near last years operating levels by the end of this year. As a...