CHF/JPY continues to rise inside the high Quality Down Channel chart pattern identified by Autochartist on the daily charts. Autochartist measures the overall Quality of this chart pattern at the 9 ...
A batch of negative eurozone economic indicators, including a worse-than-expected manufacturing PMI, drove the EUR/USD to its lowest level in over a week during trading yesterday. The news also ...
A worse-than-expected Advance GDP figure sent the dollar tumbling to multi-week lows against several of its main currency rivals on Friday. The EUR/USD closed out the week at 1.3249, up close to 100 ...
The euro saw mild upward movement during yesterday's trading session, as gains in stocks drove investors toward riskier assets. That being said, analysts are warning that debt worries in Spain and ...
The week in review culminated with the crash of the EUR/USD pair, which lost more than 130 pips yesterday before recovering. That was precipitated by the ECB’s rate decision and ECB chief Mario ...
A speech by Fed Chairman Ben Bernanke yesterday resulted in the US dollar tumbling throughout the European trading session. The speech, which hinted that the Fed may initiate another round of ...
In this week’s review, we turn first to Wall Street, which had been consistently climbing higher on various U.S. economic data points that confirmed that the economy is slowly but steadily being...
Autochartist has recently identified the high Clarity Up Channel chart pattern on the 4-hour CHF/JPY charts. The overall Quality of this chart pattern is measured at the 7 bar level as a result of the...
Following a slow trading day yesterday, traders can look forward to significant volatility today, as significant euro-zone news is scheduled to be released. A press conference from the European ...
Dollar Enjoys its Biggest Rally in Five Weeks, What Lies Ahead? When we have the S&P 500 puts in for its largest decline this year and the dollar subsequently wins its biggest daily rally since ...