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Investors did get to see a forex move, however it maybe fleeting as the market now waits for Central Bank guidance. The mighty dollar has slid in early European trading, pushing the pound to its...
Forex News and Events: The FX markets are dominated by decent USD sell-off. Euro and sterling pick momentum on the upside before the ECB and BoE meetings due on Thursday. The good PMI readings should...
Market BriefAs widely expected, the RBA left its cash target rate unchanged at 2.50% and reiterated the importance of a period of price stability. The Australian officials repeated that the Aussie...
There is one story today. It is stronger European service sector PMIs. This has pushed lower in the US dollar against all the major currencies and most of the actively traded emerging market...
EUR/USD has posted gains on Tuesday, as the pair has pushed above the 1.39 line in the European session. On the release front, Spanish releases were excellent, as Unemployment Change plunged...
EUR/USDRisk reward: 1.78Trend: UpBuy at 1.3879 SL 1.3847 TP 1.3936USD/JPYRisk reward: 1.59Trend: DownSell at 102.06 SL 102.38 TP 101.55GBP/USDRisk reward: 2.06Trend: Strong UpBuy at 1.6877 SL 1.6845...
EUR/USD - European Session The pair is stable above 1.3850 at 23.6% correction forcing us to keep our positive expectations especially if accompanied by the positive Linear Regression Indicators.Of...
USD/JPY Open 102.15 High 102.27 Low 101.85 Close 102.13On Monday dollar-yen traded within 40 pip range. The currency couple depreciated from 102.27 to 101.85 yesterday, matching the negative money...
The U.S. Dollar depreciated against several majors, including those considered to be harbor currencies, as turmoil in the Ukraine escalated over the weekend, suggesting that the possibility of a civil...
GBP/JPY Daily OutlookDaily Pivots: (S1) 171.82; (P) 172.21; (R1) 172.65; Intraday bias in GBP/JPY remains neutral for the moment. The cross is still staying in side medium term consolidation pattern...
EUR/USDThe euro edged up against the dollar yesterday as investors avoided the greenback on fears an escalating crisis in Ukraine may drag the Washington into the conflict and dampen recovery, though...
Autochartist recently identified the Triangle chart pattern on the daily EUR/CHF charts – as you can see from the following trade opportunity alert for this currency pair. EUR/CHF is expected to...
EUR/USD Daily Analysis: We expect continued upward consolidation today as the trend analysis, both 4h and daily, remains bullish. However the oversold 4h chart, along with bearish 4h and daily...