The EUR/GBP pair has continued rising higher and re-touched the June highs. Whilst it has broken out of a channel it is still encompassed by the broader down-trend. The wave formation higher appears complete with the final...
Gold has broken through a major trend-line and rallied strongly. The next few days will be crucial in establishing the new trend higher. I see 1722 as an initial target, where there is resistance from a clustering...
Eurodollar is stuck in a range. There is the possibility of a breakout higher and a move to the top of the channel at 1.2670ish, however the 100-day MA is resisting further gains, and a decisive move...
In the previous European trading session, the Euro gained versus the British pound aided by expectations that the European Central Bank would reveal clear steps in addressing the debt crisis at its policy meeting to be held...
The euro shot up to an eight-week high against the US dollar on Friday, following a speech from Fed Chairman Bernanke in which he hinted that new steps will soon be taken to boost the US economic...
The EUR/USD pair had a very eventful Friday session as the Federal Reserve Chairman Ben Bernanke gave a speech at Jackson Hole, Wyoming that addressed the possibility of further quantitative easing.
The USD/JPY pair fell during the session on Friday, but bounced about 20 pips in order to form a hammer shaped candle. We are still within the supportive zone from 78 to the 78.75 level, and as...
The GBP/USD pair shot straight up during the Friday session as the Federal Reserve Chairman Ben Bernanke suggested that the Federal Reserve could begin to buy U.S. Treasury’s again, driving yields even lower to drive investors looking...
The AUD/USD pair rose during the session on Friday as the 1.03 level comes into offer support. The pair has sold off rather significantly lately, and as such a bounce should have been expected.
The USD/CAD pair fell during the session on Friday in order to retest the bottom again. The 0.98 level should continue to hold as support in the meantime, but it does give way we think this pair...
