EUR/USD fell on Monday as the market continues to concern itself with the European debt crisis. The Euro is fairly untouchable at the moment, even if it is sitting right on the 1.30 level, an obvious support...
The Dollar Index is trading range bound on the advent of long holiday season; Major trend is range bound between 73.40 and 81.40 where as the medium trend is bullish till 77.50 ranges are holding, though 81.40...
As the holiday season approaches liquidity in the FX markets typically dries up as trading desks operate on skeleton staffs. However, with the European debt crisis coming to a head, the last two weeks of the year...
AUD/USD fell below the parity level a few sessions ago, and Friday saw a very bearish candle as the day saw an attempt to rally above that parity level, only to form a shooting star at the close.
USD/CHF fell on Friday as traders continue to buy back the Franc after the lack of a rise in the “floor” of the EUR/CHF pair. Traders had expected the Swiss National Bank to raise the minimum accepted...
GBP/USD saw a fairly muted move on Friday as the markets overall tried to rally. However, the “risk on” traders we stymied by the end of the bell as the stock markets ended up fairly flat.
USD/JPY fell on Friday as traders sold off the Dollar in general. The pair did bounce towards the end of the session though, and the resulting candle for the session was a hammer.
EUR/USD rose slightly on Friday as traders did a bit of profit taking before the weekend. However, the options markets are showing that the net short positions in the Euro are at all-time highs, suggesting that the...
Following the decision by the SNB to keep the EUR/CHF floor unchanged 1.20, the CHF strengthened the most since September. As the European debt crisis comes to a head, perhaps this could be the time investors test...
AUD/USD rose during the session on Thursday to retest the parity level as resistance. As the level was former support, this is very common from a technical perspective.
