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Traders, please check our video on EUR/USD, and why we think the pair could fell much lower in the next few days - and even weeks.Below you may find the video
The USD/JPY pair is still rising and could continue higher, with an eventual target at the underside of the previous rising channel as well as other resistance at 99.25. However, there are now signs...
Currently we are at 98.25 inside a nice bullish channel. We are looking for a continuation to the R6 at 98.88 with the overall target at the Day chart trend line at 101.62-102.05. The average daily...
The global rout continues. Currently, there is only one-way traffic, and it’s all about getting investors out of their current trades and into something ‘more’ liquid as they price...
AUD/USD continues to struggle, as the pair trades at its lowest levels in almost three years. The Aussie lost over three cents last week against the surging US dollar. In Monday’s European...
EUR/USDCurrent level - 1.3105The bias here remains negative. The downtrend from 1.3414 is absolutely intact, heading towards the 1.2950 support zone. Minor intraday resistance is projected at 1.3110,...
Last week put a strong argument in place for a local top in the EUR/USD, and now the question is whether the sell-off continues or apace or loses steam, as the market assesses the justication of...
EUR/USD continues to struggle, as the pair tests the 1.31 line in Monday’s European session. The euro has lost close to three cents since Wednesday, when the US Federal Reserve announced that it...
Market Drivers for June 24, 2013Worries about liquidity in China send Asian stocks lower, AUD/USD tests 9150IFO basically in line creating minor selloff in EUR/USDNikkei -1.28% Europe - 1.12%Oil...
Euros dipped below the medium term 50% fib level and trendline support but we closed above both of these areas and today we may well see a correction. Back above 1.3145 will confirm, and from here we...
EUR/USD - Weekly ReportMonday trading kick started with a downside bias to trade below 1.3115 levels. We cannot bet on extending bearishness until the end of the week, where 1.2970 levels represent...
The EUR/USD pair has found support from the 50-day Moving Average at today's lows, and has rebounded. The support is so tough it will probably lead to a strong correction. Apart from the 50-day MA,...
GBP/JPY Daily OutlookDaily Pivots: (S1) 149.76; (P) 150.84; (R1) 151.93;A further rally is mildly in favor in the GBP/JPY to 154.22 resistance. A break will confirm that correction from 156.77 has...
USD/JPY Open 98.38 High 98.71 Low 96.84 Close 97.88On Friday, the USD/JPY continued increasing with 130 pip range. The currency couple appreciated from 96.84 to 98.14 on Friday, matching the positive...
The EUR/USD pair is trading below the downward trend line on a 30 minute time frame. The price has not challenged or broken this trendline, which represents weakness for the pair and bias could be to...