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This week starts with the euro (EUR) keeping its upward trend following European Central Bank (ECB) President, Mario Draghi’s, press conference on Thursday. The single currency traded just below...
With risk trends struggling for consistency and Fed officials passing up the opportunity to offer a tangible shift in monetary policy, the dollar was a mixed bag Monday. The Dow Jones FXCM Dollar...
Risk aversion in the marketplace, following disappointing eurozone industrial data, resulted in gains for the safe-haven US dollar against its higher-yielding currency rivals yesterday. Meanwhile,...
It was a strange day yesterday - some good news and some slight variations that indicate an inconsistent outlook. The easiest to note was the divergence between EUR/USD and USD/CHF again. The euro...
BIAS: Cautiously I feel this will go lower today.Resistance: 89.67 89.93 90.06 90.37Support: 89.36 89.08 88.70-75 88.52MAIN ANALYSIS: Losses seen yesterday to 89.08 but followed by a firm reversal...
GBP/USD Open 1.6075 High 1.6156 Low 1.6030 Close 1.6072On Monday GBP/USD decreased with 125 pips. The cable depreciated from 1.6156 to 1.6030 yesterday, in line with the negative money flow sentiment...
Last Update At 15 January 2013 01:49GMT Trend Daily Chart UpDaily Indicators Rising21 HR EMA 1.336755 HR EMA 1.3217 Trend Hourly Chart UpHourly Indicators Bearish divergences13 HR RSI 6014 HR DMI +ve...
Yesterday's markets gave mixed results to our forecasts. Today, I'm expecting the US dollar to swing creating a mixed sentiments approach. I've added several pairs as hedged currency pairs to offset...
US Stock MarketStocks finished the trading day almost flat on Friday. The S&P 500 finished unchanged, the Dow Jones rose by 0.13%, and the NASDAQ rose by 0.12%. Technically, the Dow Jones remains...
Technical Major CurrenciesEUR/USDThe bearish move stopped yesterday close to support levels at 1.3335 from where the pair rebounded to the upside. This indicates that the pair is still moving to the...