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Forex technical analysis 101 teaches when support is broken it becomes new resistance. GBP/JPY is pressing into such a zone to start the trading week.

Gold prices have begun to swing lower, after failing to break daily resistance near $1,375.00.

Gold prices have begun to swing lower, after failing to break daily resistance near $1,375.00.

Silver prices declined early Friday, in reaction to a surging US Dollar and better than expected NFP data.

Silver prices declined early Friday, in reaction to a surging US Dollar and better than expected NFP data.

Mexican Peso Trades Stronger after NFP results. Negative Divergence looks positive for Mexican Peso.

Mexican Peso Trades Stronger after NFP results. Negative Divergence looks positive for Mexican Peso.

The recent 1000 pip move lower has drawn bottom pickers to the pair. Sentiment extremes suggests further losses in the pair.

The recent 1000 pip move lower has drawn bottom pickers to the pair. Sentiment extremes suggests further losses in the pair.

Dow Jones Industrial Average opens strong today after a better than expected jobs report. We are anticipating a break higher above 18,167.