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A EUR/USD break below 1.3165 would target correction to 1.3000, maybe 1.2900A growing risk now of a still deeper setback, having last week broken below modest support at 1.3300 and probed through the...
EUR/USDTrading range: 1.3210 - 1.3110Trend: DownwardSell at 1.3197 SL 1.3229 TP 1.3120USD/JPYTrading range: 99.20 - 100.15Trend: UpwardBuy at 99.33 SL 99.01 TP 100.05GBP/USDTrading range: 1.5575 -...
The historical ranges in EURUSD post the 2008-crash suggest that investors should stay away from shorting volatility in EURUSD for the month of SeptemberEURUSD month-end straddle prices for September...
A SHOOTING STAR ON EUR/USD?By now, the market is just waiting for the news coming from the Federal Reserve to take a position for or against tapering. In fact, the winds of war blowing on Syria, and...
The USD generally retreated during the European morning. Among the G10 currencies, the JPY was the only currency to fall significantly against the USD during the session. The EM currencies largely...
Friday’s dollar highs were pretty much in line with expectations, and as suggested would provoke some weakness against the Europeans. The weekend video outlined the expectations for yesterday...
Bears were beneficiaries from Obama’s lack of gusto for the Syrian war effort, which drove USD lower across the board, USD/SGD inclusive. Price hit a low of 1.272 yesterday based on this,...
EUR/USD Open 1.3191 High 1.3228 Low 1.3182 Close 1.3188On Monday EUR/USD decreased insignificantly with 45 pips. The European currency depreciated from 1.3228 to 1.3182 yesterday, matching the...
GBP/USD for Tuesday, September 3, 2013Throughout the last couple of weeks the GBP/USD has slowly but surely drifted lower away from the resistance level 1.57 and back down below 1.55. Earlier last...
EUR/USD for Tuesday, September 3, 2013Throughout last week the Euro fell strongly away from the resistance level at 1.34 back to the support level at 1.32 and in doing so traded to its lowest level in...
It promises to be a very quiet start to the new month of September, as the US and Canadian markets are closed for the Labor Day holiday. USD/CAD is trading in the mid-1.05 range in Monday trading....
The Australian dollar has moved higher as we begin the new trading week. The pair is testing the important 0.90 line early in Monday’s North American session. The Aussie received a boost as...
The pound posted gains against the US dollar on Monday, courtesy of an outstanding British Manufacturing PMI. The key index soared to its highest level in close to twenty years, as British PMIs...
Brazil's August PMI was reported yesterday and it improved to 49.4 from 48.5 in July. The August trade balance will be reported shortly and is expected to show that the trade balance swung into...