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The euro initially tried to shoot higher against the Kiwi dollar during the trading session on Friday, but as you can see we have a bit of a down trending channel going, and it has held as resistance....
The Canadian dollar is steady in the Friday session. Currently, the pair is trading at 1.3219, down 0.11% on the day. On the release front, the markets are braced for weak Canadian retail sales...
The pair USD/CHF is still likely to fall. Estimated pivot point is at a level of 1.0061.Main scenario: short positions will be relevant from corrections below the level of 1.0061 with a target of...
The GBP/USD pair is under correction, still likely to fall. Estimated pivot point is at a level of 1.3110.Main scenario: short positions will be relevant from corrections below the level of 1.3110...
The pair EUR/USD is still likely to fall. Estimated pivot point is at a level of 1.1412.Main scenario: short positions will be relevant from corrections below the level of 1.1412 with a target of...
The pair USD/CHF is still likely to fall. Estimated pivot point is at a level of 1.0061.Main scenario: short positions will be relevant from corrections below the level of 1.0061 with a target of...
EUR/JPY traded slightly higher today, after it hit support near the 125.35 level yesterday. Overall, the pair has been trading in a sideways manner between 124.20 and 125.95 since January 24th and...
USD/JPY remains in a limited range this week, with the 111.00 figure continues to act as the key resistance. The pair dipped marginally yesterday amid investor optimism over the US-China trade talks...
Five things the markets are talking about Global equities saw some modest gains overnight as investors await results from the Sino-U.S trade talks. Will we get some concrete news or perhaps an...
It’s been a relatively quiet week for EUR/USD, and pair is unchanged on Thursday. Currently, the pair is trading at 1.1343, up 0.08% on the day. In economic news, German data continued to...
EURUSD closed around 1.1339 in the US session Thursday, ticked up +0.02%, but it slips from the session high of 1.1366 on mixed ECB talks, high probability of renewed TLTRO, a deluge of soft economic...
Quick TakeBy analyzing today's currency pairs, I am left with the impression that swing/day traders may be able to find some solid opportunities in markets that appear to be overstretched in the...
Daily FX Market Roundup February 21, 2019Kathy Lien, Managing Director of FX Strategy for BK Asset Management.Thursday's biggest story in the FX market was the sharp reversal and big declines in the...
GBP/USD is steady in the Thursday session, continuing the trend seen on Wednesday. In North American trade, the pair is trading at 1.3051, unchanged on the day. In economic news, the U.K posted a rare...
The EUR/USD daily Forex chart sold off strongly to the bottom of the 4-month trading range. Since trading ranges resist breaking out, the odds favor a bull leg in the trading range. The chart has...