Forex Market General Overview

The Forex market general overview includes discussion and analysis of the economic prospects of a single country's currency.

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James Hyerczyk 05-22-2008 Market Analysis
PatternMain Trend:  DownMain Trend Top:   1.9965 (04-28-08)Main Trend Bottom:  1.9362 (05-14-08)Current Pattern:  Reversal Bottom 1.9362 ...... Read More

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James Hyerczyk 05-23-2008 Market Analysis
PatternMain Trend:  DownMain Trend Top:  1.9965 (04-28-08)Main Trend Bottom:  1.9362 (05-14-08)Current  Pattern: Reversal Bottom 1.9362 ...... Read More

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James Hyerczyk 05-25-2008 Market Analysis
PatternMain Trend:  DownMain Trend Top:  1.9965 (04-28-08)Main Trend Bottom:  1.9362 (05-14-08)Current ...... Read More

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James Hyerczyk 05-30-2008 Market Analysis
Pattern Main Trend:  DownMain Trend Top:  1.9852 (05-23-08)Main Trend Bottom:  1.9362 (5-14-08) Current Pattern:  Lower Top Price ...... Read More

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James Hyerczyk 06-03-2008 Market Analysis
Pattern Main Trend:  DownMain Trend Top:  1.9852 (05-23-08)Main Trend Bottom:  1.9362 (05-14-08) Current Pattern:  Lower ...... Read More

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James Hyerczyk 06-03-2008 Market Analysis
Overnight, GBP/USD held a test of a 50% price at 1.9607 and is now in a position to retrace to 1.9724 - 1.9754. Another sign of developing strength is the regaining of an uptrending Gann angle at ...... Read More

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James Hyerczyk 06-05-2008 Market Analysis
Pattern Main Trend:  DownMain Trend Top:  1.9852 (05-23-08)Main Trend Bottom:  1.9362 (05-14-08) Current Pattern:  None Price ...... Read More

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James Hyerczyk 06-06-2008 Market Analysis
Pattern Main Trend:  DownMain Trend Top:  1.9852 (05-23-08)Main Trend Bottom:  1.9362 (05-14-08) Current Pattern:  Reversal Bottom 1.9460 (06-05-08) Price ...... Read More

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James Hyerczyk 06-11-2008 Market Analysis
The Main Trend is down.  The Main Trend turns up on a trade through 1.9801.  Look for an acceleration to the downside if 1.9460 is penetrated.This pair is trading inside of three ...... Read More

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James Hyerczyk 06-16-2008 Market Analysis
Buyers came into this oversold pair at 1.9408 in front of three major bottoms at 1.9362 (05-14-08), 1.9360 (02-20-08) and 1.9336 (01-22-08). The GBP/USD chart pattern suggests a 50% retracement of ...... Read More

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James Hyerczyk 06-18-2008 Market Analysis
Traders once again defended the attempt to break the British Pound through a series of main bottoms. Four main bottoms at 1.9408 (06-13-08), 1.9362 (05-14-08), 1.9360 (02-20-08) and 1.9336 ...... Read More

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James Hyerczyk 06-20-2008 Market Analysis
Overnight, the GBP/USD crossed to the strong side of a major downtrending Gann angle from the 2.0398 (03-14-08) top. Although the main trend is still down, this move puts the market in a position to ...... Read More

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James Hyerczyk 06-22-2008 Market Analysis
The Set UpThe GBP/USD begins the week inside of the Main Range of 2.0398 (03-14-08) to 1.9362 (05-14-08).  This range has created a retracement zone at 1.9880 to 2.0002.The Minor Range is ...... Read More

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James Hyerczyk 06-25-2008 Market Analysis
The GBP/USD is trading inside of tight range today ahead of the FOMC meeting results. The Main Range is 1.9801 to 1.9408 with a mid-point at 1.9605. Gann angle resistance is at ...... Read More

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James Hyerczyk 07-01-2008 Market Analysis
Analysis The uptrend continued overnight in GBP/USD.  This pair is holding a major support angle at 1.9888.  This angle is controlling the short-term direction of the ...... Read More

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James Hyerczyk 07-02-2008 Market Analysis
GBP/USD failed to hold a key uptrending support angle overnight at 1.9928 indicating weakness.   The charts indicates that downside momentum may trigger a further decline to 1.9880, then ...... Read More

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James Hyerczyk 07-03-2008 Market Analysis
Analysis Since the main trend bottom at 1.9488 (06-13-08), the GBP/USD has been walking up a Gann angle at 1.9968 today. Wednesday's sell off was triggered when this angle was broken.  The ...... Read More

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