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Currently we are at 0.9415. This is a 2 part trade opportunity. 1) We are looking for a bullish continuation to the. Resistance area @ 0.9462 and 2) the next target the 1.270 Fibo area @...
Financial markets were volatile last week, as stock markets, led by technology shares, posted big losses across the board.US equities dropped sharply as earnings season kicked off and investors grew...
The status quo in the Ukraine was never going to hold, something had to give and it seem the match has been lit over the weekend. Spread of violence to more towns with the uptick of skirmishes between...
Market BriefThe week starts with escalating tensions in Ukraine, broadly higher USD and ECB’s efforts to cap the strength in EUR. The UN Security Council met in an emergency meeting last night....
The Rupee continues its weakening trend against the Greenback today even though markets are closed for local holiday. Prices opened at 60.45 but is currently trading at 60.7 right now, pushed higher...
The US dollar is stronger against major and emerging market currencies today. Against the majors, the dollar's gains are concentrated against the euro, where weekend comments played up the chances of...
OPTFX – Weekly Update and Outlook USD - The US Dollar was fairly heavily punished last week, reversing the recent strength seen over previous weeks and moving back to early/mid March levels...
Hedge funds and money managers were net sellers of dollars during the week of April 8 with six out of eight IMM currency futures being bought against the Greenback. As a result, the combined dollar...
The U.S. Dollar put an end to its downward trend and rallied versus many of the majors as market traders shied away from risk assets upon the decline of global equities. And even though the data...
EUR/USD - Weekly Report The pair dropped and is currently trading below 23.6% correction at 1.3850, meanwhile trading is still stable above 1.3780 strengthening the bullish possibility. Stochastic is...