The pair continues to consolidate in a tight range since its sharp from its record low (0,7070) two weeks ago.
We have seen the pair confirming a possible material base on top of its historical low (76,00) with a break back above the 77,00 handle.
The pair has been under intense pressure over the last couple of days with a break below its daily 20 moving average.
The pair continues to evolve in a multi-week range between 1,40 and 1,47 represented by the weekly bollinger bands. An annoucement of another Quantitative Easing from the Fed this afternoon (14:00 GMT) could very well spark a...
Market Review – 25/08/2011 21:58 GMT Dollar gains ahead of Bernanke’s speech at Jackson Hole The greenback rose against other major currencies on Thursday on renewed risk aversion together with the selloff in U.S. and European equities...
Greetings. Let’s pull up the EUR/USD. It looks like we’re forming a potential Contracting Triangle (CT) so once it completes, look for a continuation of the upward movement to a potential price target area of 1.4500 and...
The USD/CAD pair had a very neutral day on Wednesday as the market didn’t get much in the way of news to push it around. With the oil markets being so quiet, there is little to push...
The AUD/USD pair fell on Wednesday as traders still struggle to break above the 1.05 level for any significant amount of time. The pair seems to be still reeling from the recent drop, and it appears that...
The USD/CHF pair rose slightly on Wednesday, but still failed to break above the 0.8000 level – a level that has been massively resistive over the last couple of weeks.
The GBP/USD pair fell on Wednesday as traders sold off the Pound against the Greenback. The dollar had been believed for some time to be about to be weakened by the Fed on Friday as it introduced...