The AUD/USD pair fell during the session on Friday in order to trigger sell orders from the Thursday shooting star. Because of this, it appears that we are failing at the center of the previous consolidation area,...
Yesterday, U.S. Jobless claims affected all major currencies and pairs when the Unemployment Claims came in higher than expected. Today, traders should look to continue following reports out of the EU Economic Summit as it goes into...
The Euro is foreseen to continue its gains opposite the British pound as sources reveal that European leaders are taking a positive leap toward establishing a single banking supervisor for the Euro region.
The US Dollar gained across the board after the Dollar Index again found support at 79.00 ranges. The Dollar appreciated most against the Cable, by more than 100 pips followed by the Euro and the Swiss France...
The USD/JPY pair rose during the session after initially falling on Thursday, in order to close above the 79 handle for the first time in several weeks. This is bullish, but we do see quite a bit...
The USD/CAD pair fell most of the session on Thursday, but the 0.98 handle offered enough support in order to push this pair almost to the unchanged level. The resulting candle is a hammer, and it looks...
The GBP/USD pair initially rose during the session on Thursday, but failed at the 1.62 handle as the sellers stepped in. More concerning is the fact that we closed the very bottom of the range, and the...
The EUR/USD pair initially rose during the Thursday session, but found resistance too strong at the 1.31 handle. This general vicinity looks like it’s trying to form a bit of a double top, but the pullback should...
The AUD/USD pair rose during the session on Thursday, to test the 1.04 handle. This area is the “middle” of the consolidation area that we currently see between 1.06 and the 1.02 handles.
Date: 17.10.2012 Time: 17:25 Rate: 1. 3130 Daily chart Last Review Eur/USD forecast: The price is very close to the 1.3070 price level, breaching this level will create an ascending price structure which will probably lead the price towards...
