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Last week, which straddled the New Year holiday, saw a reversal in the trends seen in the second half of Q4 13. These trends were characterized by the strength of the euro, sterling and the handful of...
EUR/USD What Forex Target Traders See: We are currently sitting at 1.3599. The pair has broken the uptrend and the break of the significant supports confirms the move to the downside. We are looking...
The following table lists the key economic data and other events that came out during the week of December 30th through January 3rd, with release times displayed for the GMT time zone. The list also...
Capital Markets are trying to find their trading legs with participants yet to return to normal working conditions after the holiday shortened season. The northeast winter storm along the US and...
EUR/USDThe pair finished Friday’s London session in negative territory at the lowest level since early December in what was a particularly light week for FX markets. At the start of the week...
The Japanese yen has dashed out of the starting gates in 2014, gaining over 100 points against the US dollar. In Friday's European session, the yen is trading in the mid-104 range. Taking a look at...
EUR/USDThe Euro came under increased pressure after losing initial supports at 1.3730/00 zone, with fresh extension lower, testing near-term range floor and key support at 1.3624. Further downside is...
Cable pushed sharply lower yesterday despite glimpses of early bullishness. Prices rallied higher on the get-go and managed to hit a high of 1.6603, but that didn't stop prices from tumbling heavily...
The US data yesterday was generally USD supportive, though the dollar was already rallying before its release and didn’t really respond, suggesting that most of the day's activity was about the...
The USD/JPY has been trading nicely higher in December, but now it seems that this move is completed after latest sharp drop from around 105.45 and through the channel support line connected from...
To kick off the new year I wanted to start recording my morning trading routine, in which I review the daily charts of over 20 forex pairs. I do this each day between 8 AM and 9 AM EST (1 PM - 2 PM...