EURGBP- Price failure ahead of the 0.8794 level, its Sept 21’2011 high has seen the cross reversing its intra day gains to close lower on Wednesday.It is presently facing price hesitation. There...
U.S. Dollar Trading (USD) more mixed trading at highs overnight with stocks doing well in the European session but reversing later in the US session with concerns that France and Germany were at ...
The pair is fluctuating around the retest level that we mentioned yesterday at 0.8720, while Stochastic is gaining positivity over daily basis. Therefore, we maintain our intraday bullish ...
Strength towards 0.8886/85 ahead of potential supply.EUR/GBP continues to trade close to the 200 day moving average over recent sessions. However, the bigger picture is dominated by the recent failure...
The euro moved higher on Wednesday despite Moody’s downgrading Spanish government debt by two notches. The single currency was lifted by reports that France and Germany reached a deal to ...
British Inflation Suggests Stronger PoundWith yesterday's inflationary data out of Britain, it seems the pessimism in Europe isn't trickling across the English Channel, at least for now. Holiday ...
The pair was not able to touch the support of the main ascending channel and rebounded to end the day above the resistance of the descending correctional channel shown on the image; therefore, ...
The Dollar Index (77.05) rallied yesterday as the Euro (1.3750) lost ground after Germany stumped the markets about a speedy resolution to the European debt crisis, saying a solution might not emerge ...
The negative bias was a result of the strong resistance from the 38.2% Fibonacci level, and currently the pair is attempting to breach the 50% level and trade back within the correctional bearish ...
The euro gained moderately on Tuesday but remained well below the previous day’s one month high as comments by German officials tempered expectations that a solution would be found to the euro ...