Technical Major CurrenciesEUR/USD Just 20 pips separated between the previous session`s high and the proposed entry point at 1.2700 where the pair has slipped again touching the technical objective ...
NZD/USDThe market bounced off the trend line support at 0.7550. Resistance is now at 0.7680 and then at 0.7850.Alternatively, a move below 0.7550 may test the December low at 0.7460.DISCLOSURE & ...
Technical Major CurrenciesEUR/USDNegatively influenced by the negative divergence- caught this morning over 4h- the pair has slipped after testing 76.4% Fibonacci level as seen on the provided graph. ...
Following two weeks of impressive climb, the Dow Jones FXCM Dollar Index is finally taking a breather. Yet, this pause can prove more painful for the dollar and productive for risk-based assets than ...
It was an active week for euro traders. The total size of the speculator short in the euro versus the USD increased to 219,642 contracts, up from 183,685 in the previous week. When the large short ...
Technical Major CurrenciesEUR/USD Affected by the oversold sign which appeared on momentum indicators the pair has achieved a corrective bounce, particularly after touching 161.8% Fibonacci expansion ...
The cross is currently at 0.7603 following a breakout of the wedge. The cross has little to bounce, here, so the hook should finish and target a move to the S5/-1.270 Fib extension at ...
Technical Major CurrenciesEUR/USD Back to the longer time frames where we believe that Friday’s closing was very important as it will define whether the pair is able to close below the support ...
In the U.S., economic data continues to be eclipsed, at least in the media, by the financing frenzy surrounding the Facebook IPO which is set to launch tomorrow. Nonetheless, there were some events ...
Technical Major CurrenciesEUR/USD The pair continued neglecting the oversold signs appearing on daily and four-hour time scales due to the strong bearish trend on weekly studies. It is currently ...