With the USD/CHF holding trendline support and with the decline from 1.2329 unfolding in a clear 3 wave correction, Jamie Saettele is bullish against 1.2197 and looking for a break above 1.2329.

Attention was turned to the European labor markets and the data there was decidedly mixed.

John Kighlighter previews the US GDP numbers to be announced this week.

Professional system trader Art Collins shares his daily biases in the index, bonds and currency futures markets for May 31.

Todd Gordon has four good reason why the trading zone in the EUR/USD currency pair will hold.

Not only did US stocks not react to the 6.5 percent drop in Chinese shares, but the Dow Jones Industrial Average hit a new record high on both a closing and intraday basis.

China's stocks took a turn for the worse in the overnight following the announcement that the government will increase the stamp tax by triple the rate.

Currency technical analyst Jamie Saettele analyzes the Australian dollar against the Canadian dollar, Japanese yen, and New Zealand dollar.

With the number of stock accounts exceeding 100 million for the first time this month, China is extremely worried about the vulnerability of their people to a sharp contraction in wealth. At some point they may be left with no option other than to free float the Yuan, which would be disastrous for carry trades.

Jamie Saettele writes that it looks like the USD/JPY may be in a small triangle that will give lead to a terminal thrust above 121.88 before a reversal.