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Talking Points: GBP/USD Technical Strategy: Flat Support: 1.4798, 1.4709, 1.4565 Resistance: 1.4990, 1.5058, 1.5175 The British Pound moved higher against the US Dollar as expected after...
Talking Points: EUR/GBP Technical Strategy: Short at 0.7311 Support: 0.7149, 0.7005, 0.6887 Resistance: 0.7239, 0.7392, 0.7509 The Euro declined against the British Pound as expected after...
Talking Points: USD/CAD Technical Strategy: Flat Support: 1.2014, 1.1820, 1.1581 Resistance: 1.2208, 1.2448, 1.2609 The US Dollar moved lower against its Canadian namesake as expected after...
Talking Points: NZD/USD Technical Strategy: Flat Support: 0.7597, 0.7494, 0.7406 Resistance:0.7700, 0.7828, 0.8034 The New Zealand Dollar may have marked a significant reversal against its...
Talking Points: AUD/USD Technical Strategy: Flat Support: 0.7715, 0.7559, 0.7460 Resistance:0.7900, 0.8058, 0.8221 The Australian Dollar accelerated upward, with prices on pace to challenge...
EUR/USDThe euro gained ground against the broadly softer dollar on Thursday, but gains were held in check as euro area bond yields fell to fresh lows a day after the European Central Bank said it...
For the 24 hours to 23:00 GMT, the USD declined 0.86% against the CAD to close at 1.2198, amid weak US data releases.In the Asian session, at GMT0300, the pair is trading at 1.2194, with the USD...
For the 24 hours to 23:00 GMT, the USD declined 0.90% against the CHF and closed at 0.9560, on the back of an unexpected increase in the US initial jobless claims data.In economic news, the producer...
For the 24 hours to 23:00 GMT, the GBP rose 0.72% against the USD and closed at 1.4934, extending its previous session gains.In the Asian session, at GMT0300, the pair is trading at 1.4929, with the...
For the 24 hours to 23:00 GMT, the EUR rose 0.84% against the USD and closed at 1.0766.The greenback lost ground, following downbeat initial jobless claims data in the US. Data showed that number of...
Our preferred Elliott wave suggest AUD/USD downtrend is mature in the higher time frames but mid-term cycles still remain bearish against 3/24 (0.7937) high. Decline from 0.7937 – 0.7529 took...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management.CAD, AUD, NZD: Is this a Real Bottom? Dumping Dollars Great Euro Short Squeeze Drives Pair Above 1.08 NZD: Prices Fall 3% at...
Two weeks ago, Thursday, we highlighted the importance of the 1.0400 level in EUR/CHF, concluding that, “If EUR/CHF drops through support at 1.0400, a continuation down toward the 50% Fibonacci...
The first half of the North American trading session has been lacking major market moving developments as US data took turns missing and beating expectations this morning. While Building Permits,...