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EUR/USD What ProAct Forex Target Traders See: We are currently sitting at 1.1158 in a large range. We are looking for a finishing move to the range top at 1.1377 then reversal and an overall target of...
The Canadian dollar's advance continues. Neither the widening of US interest-rate differentials nor a poor employment report has managed to buckle the Loonie. Oil and the general risk-on mood trump...
New York Forex Report: Following the violent reaction yesterday in response to the ECB’s announced measures, or more specifically Draghi’s comments in the subsequent press conference...
Expectations were high for the European Central Bank’s announcement: rate cuts and increased quantitative easing (QE),and the ECB delivered as expected.The initial result were unmistakably...
Cable has entered into an interesting trading zone on Friday, which could give a strong indication of what we can expect from the pair in the coming weeks. The area between 1.4350 and 1.44 and been a...
Despite the large drop from the NZD after a surprise decrease in interest rates, the NZD/USD has regained a large majority of those losses today as the USD opens weak. The NZD/USD has been trading...
EUR/AUD Currently we are 1.4796 at a strong support. If support is broken we are looking to continue to the double bottom at 1.4601 and maybe to the 1.4500. The average daily true range (ATR) for the...
On Thursday, the US Dollar declined against the Pound and the GBP/USD pair strengthened by more than 70 points. A fall in the number of jobless claims in the US did not manage to support the national...
GBP/USD The pair remains biased to the upside on corrective recovery, leaving risk of more strength on the cards. On the downside, support lies at the 1.4250 level where a break will turn attention to...
GBP/NZD Daily The rate is currently testing the 7-month falling trendline resistance, a polarity change as the former support becomes the new resistance and the resistance from a breakaway falling...
Market Drivers March 11, 2016 Euro trades back 1.1100 as profit taking kicks in UK Trade Balance in line Nikkei 0.51% Dax 2.53% Oil $38/bbl Gold $1266/oz Europe and AsiaEUR: GE CPI 0.4% vs. 0.4%GBP:...
USD/JPY has gained 100 points on Friday, as the pair trades at 113.90 in the European session. On the release front, Japanese BSI Manufacturing Index posted a sharp decline of -7.9 points, well below...
Date: 11.03.2016 EUR/USD Current level - 1.1116 Yesterday's extreme volatility led to a massive rise after 1.0820 low, all the way up to 1.1216 intraday peak. Current pullback should be...
EUR/USD has posted losses Friday, as the pair trades at 1.1130 in the European session. The euro posted sharp gains on Thursday, after the ECB announced it was lowering interest rates and expanding...
GBP/JPY Daily Outlook Daily Pivots: (S1) 160.60; (P) 161.74; (R1) 162.75; The corrective rebound from 154.70 is still in progress and would possibly target 61.8% retracement of 175.01 to 154.70 at...