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AUD/USD has posted gains on Thursday and is trading close to the 0.93 line early in the North American session. On the release front, it's been a busy day in both Australia...
EUR/USDEuropean volumes were thin throughout the session due to the Ascension holiday, therefore with a lack of tier 1 data or notable economic commentary from the Eurozone, much of today’s...
I've been watching the US Dollar Index looking for clues in anticipation of it's next move. Today I got that clue from the current level of the USD Index, the GDP (preliminary report), and Pending...
EUR/USDCurrently we are at 1.4654 on a significant level. We are looking for a break and continuation to the support area at 1.4532-57. The average daily true range (ATR) for the pair currently is 99...
There is always a huge debate about whether it is better to be a technical trader or a fundamental trader. Technical traders believe they are right and everyone else is wrong, whilst fundamental...
EUR/USDThe euro is still moving inside descending structure. Today the price may reach level of 1.3585 and then grow up towards level of 1.3650 to test it from below. Later, in our opinion, instrument...
Gold prices continue to slip on Thursday, as the metal is mired at levels not seen since early February. In the European session, the spot price stands at $1253.38 per ounce. In the US, there are...
Forex News and Events: The EUR continues to lose ground against the USD as the ECB is expected to ease policy in June while the Fed will finalize asset buying by October. Globally bond yields are...
Market BriefFX was subdued in the Asia session with price action contained in Gold and Silver. Regional equity indices were little changed as news flow grinded to a halt. The Nikkei rose to 0.07%, the...
EUR/USD has edged higher in Thursday trade, with the pair slightly above the 1.36 line in the European session. We can expect thin trading during the day, with the German...
Talking Points: Dollar Rallies as 10 Year Yield Tumbles British Pound Tumbles Versus Majors as Rate Outlook Slumps Euro: Does ECB’s Warning of Bubble Risk Extend to EZ Periphery Markets? Dollar...
USD/CAD Technical Strategy: Long at 1.0907Support: 1.0849 (May 19 low), 1.0823 (trend line), 1.0813 (May 8 low) Resistance: 1.0973 (14.6% Fib exp.), 1.1072 (23.6% Fib exp.) The US dollar is...
EUR/USDThe euro fell to a more-than-three-month low against the dollar as German unemployment unexpectedly increased this month and euro-area lending contracted, boosting the case for more European...
AUD/USD continues to fall after the recent breakout of the daily Triangle chart pattern that was previously identified by Autochartist – as you can see from the following trade alert for this...