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EUR/USD - European SessionThe sharp upside move of yesterday managed to take the pair above 78.6% correction at 1.3505. Stability above the referred to level might extend bullishness today and the...
GBP/JPY Daily OutlookDaily Pivots: (S1) 157.52; (P) 157.88; (R1) 158.45; More.....GBP/JPY's break of 158.54 suggest that recent rise has resumed and intraday bias is back on the upside. Current rally...
XAU/USD Spot Gold regained strength and bounced sharply after brief break below the 1300 support, and was contained at $1,291. Strong rally to 1375 zone, seen so far, retraced nearly 61.8% of...
AUD/NZD The cross lost ground as a recovery attempt failure at 1.1428, triggered fresh weakness that broke below near-term platform at 1.1330 zone. A loss of the psychological 1.1300 support opens way...
AUD/USD The Aussie maintains positive tone and rallied sharply after completion of near-term 0.9392/0.9284 corrective phase. The price surged through initial 0.9400 barrier, as well as a Fibonacci of...
USD/JPY The pair came under increased pressure on Wednesday as loss of 99.00 handle accelerated bears through 98.44, 16/09 low, as well as tge 98.25/00 supports to find temporary ground at 97.75, near...
EUR/JPY The cross rallied above near-term congestion top at 132.63 and nearly fully retraced 133.35/131.63 corrective phase. Near-term studies remain positive and see scope for eventual break above...
EUR/USD The euro skyrocketed after a disappointing Fed decision, surging off the 1.3330 base through initial the targets at 1.3450 and 1.3500. Gains reached 1.3541, fresh seven-month high, where rally...
We find ourselves in an unusual predicament. Risk currencies were already looking quite overbought before Bernanke dropped the bombshell and pushed everything even further. We’re now stretched...
GBP/USD Open 1.6122 High 1.6165 Low 1.5890 Close 1.6140On Wednesday Pound/Dollar continued increasing tremendously with 275 pips. The Cable appreciated from 1.5890 to 1.6165 yesterday, in line with...
EUR/USDTrading range: 1.3510 - 1.3585Trend: NeutralBuy at 1.3523 SL 1.3491 TP 1.3573 USD/JPYTrading range: 98.05 - 98.75Trend: NeutralBuy at 98.18 SL 97.86 TP 98.63 GBP/USDTrading range: 1.6100 -...
The US Dollar was in recovery mode through the European session as EUR/USD gained to US$ 1.3535, USD/JPY gained to ¥98.46, AUD/USD fell to US$ 0.9483, and NZD/USD improved to US$ 0.8411. USD...
Wednesday’s forecast had a bit of a turmoil due to a strong US dollar move. Only the USD/CAD, AUD/USD, and NZD/USD behaved close to what we had thought possible. As we had expected, the US...
Dollar Suffers Biggest Drop in 14 Months on FOMC’s Taper Surprise The dollar collapsed this past session. Not far removed from three-year highs and still sporting a hefty expectation of an...
GBP/USD for Thursday, September 19, 2013 Throughout the second half of August the GBP/USD slowly but surely drifted lower away from the resistance level 1.57 and back down below 1.55 however this all...