EUR/USD has started falling today after its recovery rally stalled. It could be correcting back to former support at 1.2725 – the 50% Fibonacci retrace for the move, or it could be beginning ...
USD The dollar traded mixed on Monday, rising against the euro and the yen but falling to the commodity currencies: the Australian dollar, the kiwi and Canada. The meeting of the G8 over the weekend ...
The bear move in the EUR/JPY pair has found support at the lower line of a channel on the daily charts at the 100.20 level. It posted a hammer-looking candle on Friday and has continued to bounce ...
The GBP/USD has rebounded from the lows reached on Friday – at the level of the 200-day MA. It has posted a hammer candlestick and is continuing to rise – albeit at a reduced pace. In ...
The key reversal on Friday indicates the bullish rebound will probably continue higher. Today, however, we are pulling back, probably temporarily, perhaps down to the 50% retracement of the previous ...
USDIn the absence of any data of its own the dollar traded at the mercy of events outside of its shores on Friday. There was a substantial easing up of short euro positions before the weekend on hopes...
The aussie has fallen steeply in six consecutive down days. It has reached levels where there is now the possibility of a reversal. The move off the February highs is exhibiting wave parity and might ...
Eurodollar has found support at the January lows and the S3 monthly pivot. It has almost reached the target calculated from the breakout of the triangle at 1.2595. A key reversal bar has just ...
USDA slew of dismal data led to a fall in the greenback on Thursday. The Philadelphia Fed Index of dropped below the zero-line distinguishing contraction from expansion as the Leading Index also ...
Cable has just broken down through monthly and weekly pivots and is continuing its strong move down. The breakout of the ascending wedge on the daily chart gives a downside target for the end of the ...