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INTRADAY CHART BIAS: We should see losses todayResistance: 0.9279 0.9288-05 0.9323 0.9345Support: 0.9200-25 0.9151-68 0.9115 0.9050-60MAIN ANALYSIS: Friday saw gains hold below 0.9270-05 as...
With the first month of 2015 passing us and moving to February, the outlook for the year ahead for some nations does not show too much promise. Data recently released showed the global economy...
Key Fundamental Forex Events for the Week of January 26th through January 30thThe following table lists the key economic data and other events that came out during the week of January 26th through...
This week will see a number of exchange rate-sensitive announcements including US January PMIs, Australian RBA and UK Bank of England interest rate decisions, Canadian employment data and US non farm...
The US dollar turned in a mixed performance in the last week of January. It slipped against the euro, yen, sterling and the Swedish krona, while rising against the other G10 currencies. The Swiss...
By Kathy Lien, Managing Director of FX Strategy for BK Asset Management Will the Dollar Stand Up to the Test? Busy Week Ahead Euro Sinks After Greece Rejects Troika Why USD/CAD Could Reach 1.30 NZD...
Currently we are at 0.7242. We are looking for a continuation to the 1.618 Fibo support area @ 0.7127 with an overall target @ 0.6965. The average daily true range (ATR) for the pair currently is 108...
The euro had a long transition in to being. Starting as a concept in 1995 and then an accounting currency in 1999, it made it to the big time as a hard currency, replacing all the currencies of...
The USD/JPY pair is trading in wedge pattern on 60-minute time frame. The price is trading below the 50 day (shown in yellow) and the 100 day (shown in red) moving average and as long as the price is...
EUR/USDCurrent level - 1.1334 Still in the consolidation pattern below 1.1380 minor resistance, but the overall outlook remains bullish, for a rise towards 1.1460, en route to 1.1540....
The euro is flat on Friday, as EUR/USD trades in the low-1.13 range in the European session. On the release front, Eurozone releases were a disappointment. German Retail Sales posted a gain of 0.2%,...
Talking Points: Soft 4Q US GDP Data May Punish US Dollar, Drive Japanese Yen Gains Euro Unlikely to Find Potent Catalyst in Soft Eurozone Inflation Figures January’s flash Eurozone CPI data...
Global equity markets were little changed yesterday after a late surge on Wall Street overcame earlier declines on worries about Greece's path and a mixed earnings season so far, while U.S. government...