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It really wouldn’t be autumn without a political crisis in the Eurozone; as soon as we hear the sound of conkers falling to the ground, look to Europe and an almighty political squabble.This...
EUR/USDThe euro was higher against the dollar on Friday as concerns over a U.S. government shutdown and uncertainty over the future direction of Federal Reserve policy weighed on the greenback....
During Asian trade on Monday, Chinese HSBC Markit Manufacturing PMI for September came in at 50.2 versus an expected reading of 51.2 which was much weaker than expected, causing the Aud/Usd to fall to...
Friday’s forecast headed in our direction on most pairs, especially the USD/CAD, USD/CHF, NZD/USD and EUR/JPY. However, there were issues with the EUR/USD and CHF/USD where they went in the...
EUR/USD recently broke the hourly Triangle chart pattern that has been identified by Autochartist – as you can see from the following trade opportunity alert for this currency pair. The pair is...
EUR/USDTrading range: 1.3520 - 1.3445Trend: NeutralSell at 1.3507 SL 1.3539 TP 1.3457USD/JPYTrading range: 98.15 - 97.50Trend: NeutralSell at 98.05 SL 98.37 TP 97.60 GBP/USDTrading range: 1.6180 -...
It was a busy weekend in terms of news and markets inevitably opened with a cautious note in early trading on Monday. Political issues in the United States, as well as in Europe, have jolted the...
Main scenarion:Market is trading in wide sideways trend, between support level 1.3470 and resistance 1.3570. We can expect uptrend development with target on resistance level 1.3520 and then 1.3570,...
GBP/JPY Daily Pivots: (S1) 158.15; (P) 158.62; (R1) 158.99; The GBP/JPY is staying in tight range below 159.98 for the moment and intraday bias stays neutral for some more consolidations. But, near...
GBP/USD aims for 1.6382 cycle high and maybe 1.6617 into OctoberA strong end to last week to maintain a resilient consolidation bias, though with activity still confined within the mid-Sept surging...
THIS WEEKSo last week ended a rather choppy week in the markets with very little volume and even less real price action to speak of. Essentially markets chopped sideways as they essentially weight for...