The US Dollar Index lost about 0.25% to near important support of 73.40 ranges, most of the asset classes are trading stable after witnessing unprecedented volatility during past couple of weeks especially the equity bourses across the...
The Swiss franc (CHF) was seen trading with largely bullish results yesterday as traders moved away from riskier assets worldwide. The move came after the Swiss National Bank (SNB) delivered a dovish statement that failed to peg...
Greetings. Let’s pull up the USD/CAD chart. The longer term trend is bullish and we hit the 38.2 retracement level from the retracement we’ve been in since August 8.
Market Review – 17/08/2011 22:01 GMT Dollar falls on increased risk appetite The greenback weakened across the board on Wednesday as improved risk appetite prompted investors to buy higher-yielding currencies such as the Australian dollar and New...
ForexPros Daily Analysis August 17, 2011 Euro, Pound in Longs, Hitting Resistance, Yen Hugging Lows Euro: On the daily, the euro is in longs but hit resistance at the short setup at 1.43877, with a target at...
The USD/CAD pair initially rose during the Tuesday session, but then fell to form a shooting star of sorts just above the 0.98 level. This crucial support level needs to give way for this candle to be...
The AUD/USD pair fell on Tuesday as the markets in general did, but then found a bid late in the day to form a bit of a hammer.
The USD/CHF pair had a bullish day on Tuesday as session saw a retest of the bullishness on Monday. The Swiss National Bank is set to make an announcement on Wednesday as to their intentions to devalue...
The GBP/USD pair continued to climb on Tuesday as traders were pleasantly surprised by a slightly higher than expected inflation report out of the UK this week.
The USD/JPY pair continues to sit in a stagnant fashion as the psychological game between the trading world and the Bank of Japan continues.
