GBP/USD Open 1.6610 High 1.6636 Low 1.6349 Close 1.6606 On Wednesday Pound/Dollar climbed with nearly 300 pips, from the 1.6349 bottom to the 1.6636 top, where rising was limited at the upper limit of the bearish channel,...
Witnessing a steady decline during this week’s trading sessions, the USD became weakened as traders unwound their Dollar-buy positions in exchange for riskier assets, such as stocks. The global stock rally seen yesterday may have been one...
EUR/USD Open 1.5017 High 1.5048 Low 1.4888 Close 1.5014 Euro/Dollar made significant ascending movement on Wednesday, breaking up the psychological 1.5000 level. Technically, this fact opens a way for stronger upward impulse toward next objective 1.5170 in...
USD/JPY Open 90.68 High 91.05 Low 90.08 Close 90.69 Dollar/Yen traded consolidated down to 90.08 on Tuesday, from where sharply rose with around 100 pips, closing the day at 90.69. On the 3 hour chart, after breaking...
GBP/USD Open 1.6379 High 1.6517 Low 1.6251 Close 1.6378 Pound/Dollar continued its bullish movement on Tuesday, reaching a peak at 1.6480, closing the day at 1.6378. On the 3 hour chart quotes broke up the upper limit...
The Dollar strengthened versus the EUR following a decline in stock markets, poor U.S economic data and an unexpectedly dour outlook from the Bank of Canada. Concerns about the strength of U.S. corporate earnings and the strength...
EUR/USD Open 1.4932 High 1.4993 Low 1.4887 Close 1.4941 On Monday Euro/Dollar corrected down to the 1.4887 level, where the correctional movement was limited, closing the day at 1.4941. Expectation are bullish in the medium term, but...
The forex market awaits crucial U.S. data today in the PPI and Building Permits figures at 12:30 GMT. These publications are set to drive the pace of the forex market throughout the trading day. It is also...
USD/JPY Open 90.66 High 91.13 Low 90.08 Close 90.52 On Monday Dollar/Yen made a significant descending movement from. The currency couple decreased from the 91.13 top down to 90.39, closing the day at 90.52. Immediate resistance is...
GBP/USD Open 1.6397 High 1.6446 Low 1.6251 Close 1.6417 On Monday Pound/Dollar descended down to the 1.6251 bottom, from where the cable started climbing up to 1.6436, closing the day at 1.6417. This morning ascending continued to...
