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The trading year started with USD strength seen across the board. Market participants, and the lack of liquidity seen over the Christmas period, had caused the greenback to soften over the Christmas...
EUR/USDThe euro remained lower against the U.S. dollar on Thursday, after relatively positive U.S. manufacturing data did little to support market sentiment after the release of disappointing U.S....
The currency markets have been gripped by risk aversion into the New Year, and we are seeing a big reversal in especially in the USD/JPY and EUR/USD pairs.Investors favored covering yen shorts, giving...
The U.S. Dollar inched higher against most of its forex counterparts as market traders awaited the release of first-tier U.S. economic reports on Thursday. Previously released positive data showing a...
EUR/USD - European SessionThe pair dropped yesterday and since breaking 1.3715, negativity became favored. Linear Regression Indicators currently tend to make a negative crossover, as RSI broke line...
Our previous forecasts put out last year headed in our direction for the most part, especially the EUR/USD, USD/CHF, NZD/USD and EUR/JPY. Today we have a few fundamental items coming out that could...
GBP/JPY Daily OutlookDaily Pivots: (S1) 171.18; (P) 173.01; (R1) 174.19; The sharp decline suggests that a short term top is formed at 174.84 on bearish divergence condition in the 4 hours MACD....
The dollar gained against the euro and sterling today in thin trading conditions on strong US data. ISM and unemployment claims indicate that the US economy is on the right track and prompted traders...
EUR/USD Daily Analysis: Happy New Year, Piphutters! Can you believe another year has passed? Time flies when you are counting pips. For a little perspective, last year on January 1st the EURUSD was at...