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EUR/USDTrading range: 1.3020 - 1.3095Trend: NeutralBuy at 1.3033 SL 1.3001 TP 1.3083USD/JPYTrading range: 99.00 - 98.35Trend: NeutralSell at 98.87 SL 99.19 TP 98.42GBP/USDTrading range: 1.5285 -...
Market CommentaryThe Dollar Index (DX) is trading in tight range in a dull session, as observed across asset classes. Medium term trend range is bound between 83.40 and 81.80 with positive bias;...
April 22, 2013 – USD/JPY (daily chart) has risen in the past week to approach major resistance around 100.00, re-testing the four-year high of 99.93 that was established just a week-and-a-half...
Just so we can all take a break from obsessing over Netflix…….I wanted to point that that the USD/JPY, in spite of the G20 news this weekend, seems to have double-topped.In turn, I think...
This is one trade I'll be thinking about, as it may be justification to slightly tweak my entry criteria. My stop just barely got hit before price reversed; I'm interested to see if it...
EUR/USD: Open 1.3062 High 1.3085 Low 1.3014 Close 1.3063On Monday, the EUR/USD decreased with 70 pips. The European currency depreciated from 1.3085 to 1.3014 yesterday, matching the negative money...
I found yesterday somewhat of a strange day. There were some concealed wriggles that have exposed a small weakness in the way I had looked at the development of the prior few days. I had also...
USD/CAD moves sideways in a range between 1.0203 and 1.0293. Key support is at 1.0203. As long as this level holds, the price action in the trading range could be treated as consolidation of the...
EUR: Break Of 1.30 Hinges Upon PMIsUSD: Treading Water As Equities ConsolidateGBP: Talk Of FLS ExtensionNZD: Could Drop Further On RBNZAUD: Vulnerable To Chinese PMICAD: Potential Pullback In Retail...
The euro kicked off the week trading at $1.30 Monday morning as investors prepared for the results of a preliminary purchasing executive survey that could force the European Central Bank to cut...
The Dollar Index would, on appearance, suggest that the dollar has done absolutely nothing today, up just 0.02% over the Asian and European sessions, however this was more a result of the dollar...
While everyone is focused on whether USD/JPY will break 100 this morning, we are much more interested in how this weekend's Italian Presidential election and ECB comments affect the euro. After five...
Currently we are at 1.3376 after breaking out of the uptrend. Remains to be seen if this is a false breakout but it pays to be ready. We are looking for a continuation to the support at 1.3291 and...