The GBP/USD pair fell during the session on Monday, but bounced in order to form a hammer just above the 1.62 level again. This level looks like is acting as significant support, and as such we think...
The EUR/USD pair fell during the session on Monday as the pair continues to grind away below the 1.30 level. However, we do get a little bit of supportive action 1.29, and it looks like any move...
The AUD/USD pair fell during the Monday session as the “risk off” attitude of traders affected commodity prices. However, the 1.04 level offered support again in this pair, and it does suggest that perhaps there is quite...
Non eventful day contributed to dull trading in most of the FX Pairs. The Dollar Index is trading flat at 79.55 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the...
EUR-USD Weekly chart Last Weekly review The price has broken the 1.2580 resistance level in addition to the upper lip of the descending price channel (red broken lines), the price has done that with a significant green...
Market review for 17 – 21.09.2012
The skirmish between the ComDolls has the Canadian dollar gaining the upper hand over its Australian counterpart. An extension of late Friday’s bearish streak is seen to pick up today, as the currency pair feels the selloff...
The Euro lost to the Great British pound in the previous European trading session despite speculations that Spain is coming up with new economic reforms that bring it closer to making a formal request for rescue funds...
The euro saw mild gains against most of its main currency rivals on Friday, as hopes that Spain will soon seek a bailout from the ECB boosted risk appetite with investors. Still, a lack of significant economic...
The Dollar Index is trading firm at 79.60 after finding support at 78.70 ranges; further fall in the Greenback is expected only on the Dollar Index consistently trading below 78.00 ranges.
