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EUR/USD downside risks remain while capped by 1.3690 and better 1.3730/30 barriersA setback into the aggressive bullish outside Thursday pattern has highlighted upside reluctance after a minor prod...
EUR/USD The euro bounced above 1.36 handle after spike down, where the pair threatened psychologicak 1.35 support. Short-lived downside attempt shows that near-term basing attempts are still in play,...
Today is starting off rather anticlimactic, especially after last weeks fundamental events, where market participants spent weeks building up and buying into various scenarios depending on what the...
The USD/JPY pair is still broadly trading in the sideways range it began in February. It broke down below the range lows temporarily but then rose up, forming a channel higher, thrusting back inside,...
The EUR/USD is under pressure on Monday, as the pair trades in the low-1.36 range in the European session. In economic news, it's a quiet day, with French and German markets closed...
GBP/JPYDaily Pivots: (S1) 171.84; (P) 172.17; (R1) 172.51; Further rise is mildly in favor in the GBP/JPY for 173.46 and above. But overall outlook is unchanged. The sideway consolidation pattern...
Market Drivers For June 09, 2014 Markets very quiet as half of Europe on holiday Chinese Trade data up on smaller imports Nikkei 0.31% Europe .16% Oil $103/bbl Gold $1254/oz. Europe and AsiaCNY: Trade...
The EUR/USD surprised traders and rebounded after the ECB moved to inject stimulus into the eurozone by adding a lot of new programs and venturing into negative interest rates. The euro jumped the...
EUR/USD: Current level - 1.3649 The outlook here remains bullish, for a break through 1.3673, en route to 1.3730 and 1.3790 major resistance. Initial intraday support is seen at 1.3620 and crucial on...
EUR/USD - Weekly Report After touching the suggested 1.3520 target, the pair rebounded sharply, forming a bullish candle that indicates the possibility of a bullish correction. This correction depends...
The EUR/USD fell sharply and then rebounded aggressively after the ECB announced more stimulus. I am now cautiously bullish after price action formed a long hammer-like buy candle last Thursday, and...
Market BriefA quiet start to the week as the USD has been broadly unchanged against G10, yet slightly weaker verse EM FX. The lack of movement is following decent US payroll data on Friday and...
Good morning and it’s good to be back. I can wholeheartedly recommend Valencia as a destination for a weekend away; a doctor’s appointment would confirm that my blood is equal parts rioja,...
FThe US dollar traded higher against the majority of its foreign currency exchange peers after Friday’s Non-Farm Payroll reports reflected steady progress for the jobs market. According to the...
The GBP/USD traded higher last week and made an overlap with 1.6810 which means that any bearish impulse wave count has been invalidated. As such, we are now observing a new, bullish interpretation...