Worse-than-forecast Jobless Claims results and a sharp drop in domestic Factory Orders worsened economic sentiment, sending Treasury bond yields and the dollar lower.

Todd Gordon explains that USD/JPY breaks the month-long resistance line at around 116.00, and he is short USD/JPY.

Tim Bourquin interviews Jeff Greenblatt, who talks about how he uses the Lucas series of numbers to supplement his trading on Fibonacci.

Derek Frey explains a bear put butterfly spread in Canadian Dollar futures.

Currency traders will pay very close attention to the upcoming European Central Bank interest rate decision, with the EUR/USD exchange rate hinging on outlook for yield differentials.

The dollar is higher against the euro, British pound, Swiss franc and Japanese yen, but weaker against the commodity currencies.

Conditions in the US non-manufacturing sectors, which account for approximately 70 percent of total economic activity, are anticipated to have deteriorated during September, as the Institute for Supply Management index is estimated to fall to 54.6 from 55.8.

With the Federal Reserve's next rate decision looming on October 31, the markets are anxiously wondering if the central bank will cut rates again.

Kathy Lien writes that there have not actually been broad-based dollar gains. From both a fundamental and technical perspective, this is a corrective rebound and not a turn in trend.

The best known and most reliable major reversal pattern in technical analysis is the Head and Shoulders Reversal.