Yesterday, the sterling managed to hold 1.4888. Yet, it didn't get to the 1.50 hurdle. So, the trend is still bearish. Losing 1.494 again will bring a new attempt to seek 1.4852. If it starts a new be...

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The GBPUSD corrected down to an intraday support level at the 1.4880 level (low reached 1.4879) and bounced (see earlier post).  The move higher moved aggresively though the 1.4943 fibonacci retr...

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Genomic Health Stays At Neutral

We maintain our Neutral recommendation on Genomic Health Inc. (NASDAQ:GHDX) with a target price of $20.00.   Genomic Health, founded in 2000 and headquartered in Redwood City, California, is an o...

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12:00 (CET) - XAUUSD: possible triangle shape

Gold rebounded yesterday near our bearish target, finding a strong resistance at 1124, which prevented it from performing a V turn. Right now, there is a resistance at 1127.6, rupture zone from Friday...

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The EURUSD has pushed higher and tests the 1.3654 level.  A break of this level will next target the 1.3691 level.   The London fixing/close is approaching and this may be having an inf...

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09:55 (CET) - AUD/USD: Aussie seeks the annual high

Yesterday, the pair found a support at 0.9064, leaving a new monthly high. Right now, it's consolidating with the previous ceiling, at 0.9131, trying to climb to 0.9175, a strong support in January. C...

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The EURUSD held the 100 hour MA below at the 1.3613 and is back up testing the high for the day.  Of course the market has seen this before only to get scared and move back down.  So expect ...

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Align Tech Holds At Neutral

We recently reiterated our Neutral rating on Align Technology, Inc. (NASDAQ:ALGN) with a target price of $18.50 based on a P/E of approximately 34.3x our fiscal 2010 EPS estimate of 54 cents.   A...

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The EURUSD has pushed higher and tests the 1.3654 level. A break of this level will next target the 1.3691 level. The London fixing/close is....

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Research In Motion Attracts Bearish Options Plays

(NASDAQ:RIMM) - Research in Motion Limited - Blackberry maker, Research in Motion, attracted options strategist...

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