EUR/USDThe pair settled marginally lower as market participants used the looming testimony by Bernanke, as well as the release of the minutes from the previous Fed’s policy meeting, as an ...
EUR/USDCurrent level - 1.2876The bias here is positive above 1.2840-50 support area and I favor a rise towards 1.2940 and 1.3020. Crucial on the downside is 1.2840 and initial minor resistance is ...
Cable has not yet turned bullish on the daily charts, but we are turning this way so we, at the moment, favour buying weakness. We have our two trend lines which come in at 1.5183 and 1.5153 today, so...
Although far from anything resembling a correction, the markets ended Monday’s trading session barely in the red on the back of a weak dollar and gold that started the day sharply lower but ...
We’ve seen the recent trend in USD strength backing off over the past couple of days ahead of Bernanke’s testimony before Congress tomorrow, although the JPY is on the defensive again ...
Bull ScenarioThe GBP/USD pair is trading above the 50 day (shown in green) and the 100 day (shown in yellow) moving averages. This suggests that the bulls could have the advantage, and bias could be ...
CurrenciesEUR/USD- the pair is trading within the symmetrical triangle on a 30 minute time frame. The price has broken its downward trend line.USD/JPY- the price action is trading within the ...
The dollar generally lost versus its peers following the speech of Chicago Fed President Evans, an outspoken dove who had pushed for the tying of monetary policy to the unemployment rate. In his ...
Market Movers for May 21, 2013RBA minutes show no further inclination to cutUK Inflation materially lower than expectedNikkei 0.13% Europe -0.82%Oil $96.58/bblGold $1353/oz.Europe and AsiaAUD: RBA ...
EUR/USD - European SessionThe pair moved to the upside yesterday, and is trading above key support of the ascending wave as Stochastic offers positive bias. Linear Regression Indicators are negative ...