The EUR/USD pair continued to show weakness on Thursday as the attempts at a rally only seem to have substantiated the 1.30 level as resistance at this point. The level was a spot of massive support a...
After a steady stream of bearish news early in the week, it seems the pressure on the markets is relieved. At the US opening, equities have moved smartly ahead.
The AUD/USD pair has been struggling as of late, and the Thursday session looks as if it wasn’t any different. The 1.02 level was our line in the sand for buying, and this has given way in...
The euro spent most of the day slightly above recent three-month lows hit against the US dollar and Japanese yen. Greece’s inability to form a new government has raised the prospects that a new election will be...
Markets are continuing to assimilate the consequences of the recent European elections, and the wall of worry confronting investors has not diminished.
The euro continued to tumble vs. its main currency rivals yesterday, as traders remained cautious about investing in riskier assets due to political uncertainty in the euro-zone. The EUR/USD fell to a fresh three-month low during the...
The EUR/USD pair continues to be the center of the financial world as the Wednesday session showed. The fall during the day was sudden, and the problems in the area continue to worry the trading world.
The US Dollar has traded mixed bag wherein it has strengthened against the Common Currency and the Aussie while trading flat against the Cable and the Japanese Yen. The Dollar Index is trading range bound between 80.65...
The USD/JPY pair has been one of the most interesting pairs in the currency markets lately, and the Wednesday session proved to be more of the same.
The GBP/USD pair fell for most of the session on Wednesday in order to retest the 1.6050 level for support. In the end, it go it as the pair bounced hard from that point. The resulting candle...
