JPY crosses are losing momentum in places, and what can’t continue to go up, may have to go down first. Meanwhile, the USD rally remains very much on track outside of a possible USDJPY hiccup ...
Is it really the best of a bad lot? Even disappointing PPI and manufacturing data yesterday suggests that the US recovery is somewhat uneven. So far this has not been able to stall the ...
EUR/USD - European SessionThe downside movement pushed the pair toward the ascending support as shown on graph, as it failed yesterday to break it. Some upside correction might occur from the current ...
GBP/JPY Daily OutlookDaily Pivots: (S1) 155.28; (P) 155.86; (R1) 156.35;Intraday bias in GBP/JPY remains neutral for the moment and some consolidations could be seen below 156.77 temporary top. ...
Yesterday saw a mixture of results, the best of which were the EUR/USD (6 points below target) and GBP/USD (point perfect at the top of the projection range.) I was a bit perplexed at first, as I saw ...
Foreign Exchange Price And Time At A GlanceUSD/CHF has moved sharply higher over the past few days to trade to its highest levels since last AugustOur bias remains higher in the exchange rate with ...
USDJPY is getting a bit lonely as the JPY sell-off momentum is beginning to fade elsewhere – correction time soon? Meanwhile, EURUSD breaks local support on the weak German GDP data.An explosive...
EUR/USD: European SessionThe pair settled below 1.2970 for the first time since 04/04/2013 with a long bearish candle and that might extend the downside move to test the ascending key support around ...
GBP/JPY Daily OutlookDaily Pivots: (S1) 155.09; (P) 155.57; (R1) 156.18;Intraday bias in GBP/JPY turned neutral, and some consolidations could be seen below 156.77 temporary top. A further rise is ...
Many of the pullbacks were a little stunted on Tuesday. The only one that I really caught well was the EUR/USD, which stalled 1 point below the upper end of the retracement target. Given the wretched ...
