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For the 24 hours to 23:00 GMT, the EUR rose 0.11% against the USD and closed at 1.0903, as the services sector across the Euro-zone continued to expand. Data showed that the Euro-zone’s services...
EUR/GBP has shown some considerable supply on the same day as it broke the support. This earlier supply volumes were only matched by the apparently strong volumes near the support, at the beginning of...
Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.6985, 0.6930, 0.6876 Resistance: 0.7051, 0.7083, 0.7159 The euro moved lower against the British pound as expected after prices put in a...
Talking Points:NZD/USD Technical Strategy: Flat Support: 0.6443, 0.6261, 0.6114 Resistance:0.6556, 0.6679, 0.6791 The New Zealand dollar is testing July’s lows against its US counterpart after a...
Talking Points:AUD/USD Technical Strategy: Flat Support: 0.7323, 0.7234, 0.7144 Resistance:0.7379, 0.7407, 0.7468 The Australian dollar is digesting gains after turning upward against its US...
British Pound Thursday:From the US to the British Isles, attention shifts across the Atlantic Ocean tonight. Markets will receive an unprecedented data dump from the Bank of England, tonight releasing...
We had a wonderful day yesterday where we were able to catch up on slower days of the week and get to make the most on the crosses especially the GBP/NZD and GBP/JPY. EUR/CAD finally decided to join...
AUD/USD – Thursday 6 August 2015The Australian dollar has enjoyed a surge higher a couple of days ago moving from its consolidation zone just below 0.73 up to a two week high above the previous...
As my colleague Kathleen Brooks noted yesterday in her in-depth preview, today is a major day for the British pound (see “Bank of England: Binge Watching the Bank's Next Move”). In...
Short term Elliott Wave view suggests wave ((w)) decline from 96.16 is in progress and taking the form of a double three wxy where wave w ended at 94.09, wave x bounce is in progress and expected to...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. What Makes Thursday "Super" for GBP? Dollar Soars as Service Sector Index Hits 10 Year High USD/CAD Marches Higher AUD Shrugs...
As we expected in our July 12 Article, ".. This potentially form the next swing low on the daily, if there are not enough sellers who are willing to continuously sell at current rate, around...
The growth in the Gross Domestic Product figures in the previous week suggested that the economic performance of the United States is still average and almost lackluster. The GDP growth is at 2.3...
Talking Points USD/JPY inching towards key pivot S&P 500 meandering around 50-day MA US DOLLAR testing key retracement again Foreign Exchange Price & Time at a Glance: ChartPrepared by...