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The latter half of the North American trading day was much less exhilarating than the first half as the bulk of the gains in US equities were made in the first half. The USD enjoyed a little more...
EURUSD – Sell Trade Setup Profits Heavily (4hr chart) Recently in our members commentary, we talked about selling near the key resistance level on the Euro. Yesterday we posted the chart of our...
EUR/USD Open 1.0820 High 1.0955 Low 1.0801 Close 1.0809 On Tuesday Euro/Dollar decreased with 150 pips. The European currency depreciated from 1.0955 to 1.0801 yesterday, matching the negative money...
EUR/NZD: Short One position that was opened on March 26 is still open for the pair. The pair is still consolidating after the pullback a few weeks ago but the downtrend can resume again any moment....
Australian 200 for Wednesday, April 8, 2015In the last few days the Australian 200 index has shown some signs and moved well towards the resistance at 6000 before easing away slightly. A few weeks ago...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management. Dollar Rips Higher, More Gains Ahead EUR/USD Crashes Despite Positive News flow AUD Soars After RBA Leaves Rates Steady CAD:...
Talking Points EUR/USD rangebound between $1.0710 and $1.1050 since March 20. Like broader US Dollar Index, GBP/USD stuck in triangle, too. The weak March US Nonfarm Payrolls report on Friday...
OverviewOvernight, AUD strengthened substantially against major pairs after the RBA stood pat on its benchmark rate despite markets pricing in a 25bps cut, leading AUD/USD to briefly break above...
European and Asian traders returned to their trading desks today after a long 4-day weekend and seemingly saw the recent pullback in the US dollar as a buying opportunity. As we go to press, the...
Oil industry fallout spill over into the rest of the Canadian economyAlthough many Canadian companies have been able to take advantage of the current weak loonie, plunging crude oil prices have...
US DollarThe U.S. dollar is trading mixed against its major peers after yesterday's ISM-Non Manufacturing slightly lower than expected figures. New York Fed President William Dudley said in a more or...
USD/JPY Open 119.47 High 120.26 Low 118.79 Close 119.40 On Monday Dollar/Yen increased with 90 pips. The currency couple appreciated from 118.79 to 119.70 yesterday, matching the positive money flow...
USD/JPYCurrently we are at 120.15 breaking north of a wedge which is bullish. We are looking for a continuation to the R4 resistance area @ 120.64 with an overall target @ 121.27. The average daily...