Please try another search
Wall Street showed a lack of direction throughout the trading day on Monday as trader weighed worries about the deteriorating security situation in Iraq against a batch of upbeat U.S. economic data....
The New Zealand Dollar remains one of the best performers against the US dollar, as the NZD/USD pair continues to climb higher. The pair is currently under a correction, and I think it might continue...
Market CommentaryThe US Dollar is trading flat against most of the FX majors; the Greenback traded mixed bag wherein it has appreciated against the Common Currency and the Swiss Franc whereas the...
Market BriefThe good economic data failed to boost enthusiasm in New York yesterday, yet the fading risk sentiment due to geopolitical tensions in Iraq lifted the safe-haven demand in US dollars. The...
USD/JPYOpen 101.84 High 102.11 Low 101.71 Close 101.82On Monday the USD/JPY decreased with 40 pips. The currency couple depreciated from 102.11 to 101.71 yesterday, matching the negative money flow...
The U.S. Dollar traded lower against a number of Forex currencies as demand for safe havens reigned in the market due to reports that violence has escalated in several regions of Iraq. Worries about...
EUR/USDRisk reward: 1.72Trend: DownSell at 1.3567 SL 1.3599 TP 1.3512USD/JPYRisk reward: 1.16Trend: UpBuy at 101.89 SL 101.57 TP 102.26GBP/USDRisk reward: 2.06Trend: Strong DownSell at 1.6987 SL...
GBP/USD Main scenario:The pair is trading along an uptrend.The uptrend may be expected to continue while pair is trading above support level 1.6960, which will be followed by reaching resistance...
EUR/USD Main scenario:The pair is trading along a sideways trend.An uptrend is started from support 1.3510, which will be followed by moving up to resistance level 1.3590 - 1.3625.Alternative...
Talking Points:British Pound May Give Back Some Recent Gains if CPI Data Disappoints Upbeat US Inflation Data May Help US Dollar Correct Higher Pre-FOMC Aussie Dollar Fell as Minutes from June...
EUR/USDThe price moves within a day downward trend, but temporarily it has been consolidated in a flat corridor. One should not be confused by this fact for a few reasons. First of all, we did not...
GBP/JPYDaily Pivots: (S1) 172.67; (P) 172.97; (R1) 173.21; The GBP/JPY turned sideway ahead of 173.46 resistance. But with 172.53 support intact, further rise is expected. Current rise from 169.53...
Aussie weakens mildly today after RBA minutes showed that interest rates will likely be on hold in the foreseeable future. It note that "given this outlook for the economy and the significant degree...
Soporific trading has continued this week with yesterday’s session throwing up little to get excited about. Tomorrow’s Federal Reserve meeting is looming large for investors given the...