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During this week, Crude Oil broke above $95. This is very important because this level is the 50% Fibonacci retracement and where the 200-day moving average sits, which are very important levels to any technical analyst. The commodity has been in a mid-term bear trend since April/May, moving from...

The US dollar and South African Rand (USD/ZAR) has been an extremely volatile pair over the past month. That volatility may be set to spike even higher, as the pair is nearing a key inflection point. The Triangle Set-up The USD/ZAR has been in a long term uptrend since hitting a 12-month low of 6...

YM BioSciences Inc. (NYSE: YMI) is a drug development company advancing a portfolio of hematology and cancer-related products. The company is advancing three clinical-stage products: CYT387, an oral small molecule oral dual inhibitor of the JAK1/JAK2 kinase; nimotuzumab, an EGFR-targeting...

The AUD/USD has been a busy pair since mid-March of this year, covering 1,693 pips (1.1080 to 0.9387) in that time. As the six month daily chart below shows, after peaking at 1.1079 (July 27), the Australian dollar underwent a drastic correction against the greenback, plunging down to as low as 0....

Proactive trading and investing is one of the very few endeavors in life where one must learn to expect regular and frequent failures as a routine matter of course toward achieving ongoing success. As such, it stands to reason that prior to engaging, one must come to terms with, and embrace...

After experiencing a one-year downtrend, which ultimately culminated with a capitulation bottom ($0.7067 – August 9th, 2011), the USD/CHF has been on a tear – gaining 24% since. After hitting that low in August, the pair quickly rallied to a six month high of $0.93143 (10/6/11) – a 31.8% gain in...

When the Bank of Japan (BOJ) intervened on Monday, the EUR/JPY exploded, moving all the way up to 111.56 – an immediate move of 420 pips! That sentiment was short-lived, however, as a dramatic selloff ensued almost immediately after. Since hitting that high (111.56) on Monday, the EUR/JPY has...

Mid-September through mid-October proved to be an extremely volatile period for the USD/CAD, as the pair broke its long-term downtrend and moved aggressively above parity. $1.0657 was the high of that initial thrust. Shortly thereafter, however, the pair underwent a drastic correction, trading...

Sify Technologies (NASDAQ: SIFY) +30.49% after reporting earnings on Friday. Momenta Pharmaceuticals (NASDAQ: MNTA) on positive preliminary injuction against makers a generic Lovenox. VirnetX holding (NYSE: VHC) +10.57% after being initiated with Buy and $50 PT at a mid-tier analyst firm. NPS...

Japan made waves in the international currencies market on Monday in an attempt to sink the value of the Yen. The Bank of Japan has attempted to stifle the strength of the Yen in previous years – albeit unsuccessfully. The U.S. dollar has weakened significantly versus the Japanese Yen (USD/JPY...

Court records show that the company has now filed for bankruptcy. That's according to a brief Reuters report, which cited a person familiar with the matter. This comes after reports early this morning that the firm was on the verge of filing for bankruptcy. The company has been struggling for...

The EUR/USD has recently rebounded after steadily falling throughout September. In early October, the EUR/USD made a low of $1.3146 and has undergone a sharp rally since – closing at $1.4145 as of Friday (October 28th). The chart (one year daily) at the bottom of the article shows the movement of...

Technical Tipping Point Near at Hand I n September, following five months of impulsive decline from its May high, the Dow has reversed abruptly, rallying incessantly after a fleeting 20% roller coaster drop from its secondary QE-2 bailout crest. The Dow is currently on path toward violently...