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EUR/USD has posted losses on Tuesday, after the starting the week with limited movement. Early in the North American session, the pair is trading at 1.0920. Taking a look at economic news, there are...
GBP/JPY - next break 175.80In longer term, there is an uptrend at GBP/JPY; however, current price behaviour shows that right now, correction may be deeper. For 3 years GBP/JPY moved in an upward trend...
Markets are mostly – wait for it – quiet in between-holiday trade as the sun rises on another trading day in North America. As my colleague Fawad Razaqzada noted earlier today, equities...
One of the joys of the Holiday Season is the opportunity to say thank you and to wish you the very best for the New Year. The Risk Management Solutions Group.
Currently we are at 1.4806 nearing the bottom of the range. We are looking to continue to the 1.618 Fibo at 1.7424 with an overall target to the 2.270 Fibo at 1.4633. The average daily true range...
Today NZD/USD reached to a key resistance, which is located in area 0.6900. That level is strenghtened by downtrend line and Fibonacci 50% level. Since mid-November price moved in upward channel and...
EUR/USDEuro stabilizes above moving averages 20 and 50 along with stability above support line near 38.2% Fibonacci at 1.0930. A negative appears on ADX, which contradicts with the previous...
GBP/JPY Daily OutlookDaily Pivots: (S1) 178.67; (P) 179.36; (R1) 179.77; Intraday bias in GBP/JPY remains neutral for consolidation above 178.95 temporary low. In case of recovery, upside should be...
EUR/USD Daily PivotsR3 1.1033 R2 1.1011 R1 1.0989 Pivot 1.0968 S1 1.0945 S2 1.0925 S3 1.0902 EUR/USD (1.09): EUR/USD continued with a bullish close yesterday at 1.0967. The daily chart which shows...
The dollar fell against most other major currencies on Monday, as trading volumes remained thin after Christmas and ahead of the New Year holiday. The euro edged up to a one-and-a-half week high...
Oil prices stabilized on Tuesday following yesterday’s 3.6% slump. US oil futures were up 0.7% at $36.92 a barrel in late Asian session. Oil’s rebound helped Asian equities move higher and...
The Australian dollar is trading in a tight range today as investors take a break and get ready for what promises to be a volatile year in the forex markets. At 7.38am (GMT) the Aussie dollar was...
S&P 500 has turned down two weeks back and fell slightly beneath 2000 for a second time in December so we assume that bulls are not ready to break higher just yet. However, we are still observing...
DXY fell 0.72% last week and closed at 98.01 (below the 13-dma) after printing an engulfing bearish candlestick on Friday. 14-day RSI was unable to stay above its 20-dma during the previous...
AUDUSD Movement For the 24 hours to 23:00 GMT, the AUD weakened 0.27% against the USD to close at 0.7253. LME Copper prices declined 0.31% or $14.5/MT to $4665.5/MT. Aluminium prices rose 0.13% or...