Cable Near-Term OutlookVery bearish view unchanged as the market has continued sharply lower from the long discussed "ideal" area for an important top at 1.5600 (May 1st high, 50% from the Jan high at...
EUR/USDCurrent level - 1.2927Current slide after 1.2955 peak is only an inner part of the consolidation pattern above 1.2798 and the intraday outlook is positive again, for 1.3020, with a key support ...
The U.S. Dollar weakened against the majority of its trading counterparts as demand for safe havens increased on speculation the Federal Reserve may scale back on monthly asset purchases very soon. ...
For the 24 hours to 23:00 GMT, GBP rose 0.39% against the USD and closed at 1.5093, as the Gross Domestic Product (GDP) in UK rebounded from a 0.3% decline in Q42012 and registered a 0.3% rise in the ...
CurrenciesEUR/USD- the pair has formed a complex reverse Head & Shoulder pattern a 30 minute time frame. The RSI is showing that the bias could be towards the upside.USD/JPY- the price action ...
JPY crosses were all over the place overnight before and after Kuroda was out discussing the BoJ’s view of bond market volatility. EURUSD needs to fall today or we risk the old 1.3000 magnet ...
GBP/USD Open 1.5109 High 1.5129 Low 1.5012 Close 1.5105On Thursday Pound/Dollar increased with 115 pips. The Cable appreciated from 1.5012 to 1.5129 yesterday, in converse with the negative money flow...
EUR/USDTrading range: 1.2900 - 1.3005Trend: UpwardBuy at 1.2914 SL 1.2882 TP 1.2991USD/JPYTrading range: 101.95 - 101.05Trend: DownwardSell at 101.84 SL 102.16 TP 101.1 GBP/USDTrading range: 1.5065 - ...
EUR/USDEven though the session was dominated by risk-averse flows, which stemmed from liquidation related flows out of Asia where the Nikkei 225 index fell over 7% and in turn prompted market ...
The British pound is disappointing buyers again. After a few successful weeks of bullish correction, bears came back and struck powerfully. All troubles started below the 50% Fibonacci level, showing ...