Please try another search
For the 24 hours to 23:00 GMT, the EUR rose 1.59% against the USD and closed at 1.1284, as Germany’s industrial production data surpassed market expectations.Data released indicated that...
GBP/JPY has fallen after GDP data on Monday showed a surprise rise in growth of 1.0% in Q1, which easily bet the 0.6% analyst estimate. The pair broke below a key up-trend-line yesterday and has now...
Good morning. Hope all is well! We seem to have had a bit of a turmoil on our forecast for yesterday, with only one pair conforming to our forecast. This was mainly due to the dollar weakening instead...
Like I wrote in the previous post about USD/CAD, there was an high chance of a false break-out of the 1.253 resistance due to the weak background, and previous supply signals at that level, meaning it...
Talking Points:Revised 1Q Eurozone GDP Figures Unlikely to Generate Significant Volatility Euro Focused on Greece-Linked News Flow as Funding Deal Remains Elusive The second revision of first-quarter...
Talking Points: USD/JPY Technical Strategy: Flat Support: 124.20, 123.18, 122.36 Resistance: 124.83, 125.85, 126.80 The US dollar declined against the Japanese yen as expected, with a bearish...
Talking Points: EUR/USD Technical Strategy: Flat Support: 1.1202, 1.1005, 1.0818 Resistance:1.1320, 1.1439, 1.1585 The euro moved higher against the US dollar as expected, having produced a...
Talking Points:EUR/GBP Technical Strategy: Flat Support: 0.7343, 0.7313, 0.7265 Resistance: 0.7391, 0.7430, 0.7469 The Euro launched higher against the British Pound once again following two days of...
Chris looks at the upcoming Tuesday session in the forex markets in our GBP/AUD forecast, with the market presently testing the vital 2.0000 level. Many of you may have struggled with this pair...
Sterling appears to be carving out a potential head and shoulders topping pattern. If this pattern is valid and the neckline breaks, it could signal a retest of the multi-year lows set in April, near...
GBP/AUD decline to 1.95991, completed wave X. From this level, the pair rallied in wave (w) in the form of a double correction w-x-y, where wave w ended at 2.004, wave x ended at 1.9822, and wave y of...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Is Strong Dollar the Fed’s #1 Problem this Month? Behind the 1% Jump in Euro EUR/GBP Soars on Euro Strength CAD Shrugs...
All of the action in the Dollar Index since mid January is starting to form a very toppy pattern -- as in the head-and-shoulders variety top, with the neckline-support zone located in and around...
It’s been a relatively quiet first day of trade in the G10 FX market, where the biggest story has been profit-taking in the US dollar after Friday’s strong NFP report. Things are much...
Those who trade EUR/USD should watch 10-Year German bund yields: so far they had strong correlation with the euro. The yields have reached this week 8-month highs close to 1% on surprisingly strong...