The USD traded to the stronger side of its range against both the EUR and GBP in another day of caution throughout the global marketplace. Wall Street finished the day in negative territory and its recent spate...
The EUR continued sputter on Wednesday as it traded to the lower part of its range versus the USD. The Single Currency however continues to hold itself above the lowest realms of its recent downward slope and...
The Sterling traded lower on Wednesday as it was not able to hold onto its gains made over the previous trading sessions. The GBP now finds itself in a position that will test the fortitude of those...
The JPY has continued to gain against the USD and the Yen now finds itself in the stronger parts of its range versus the major currencies. Japanese export companies will certainly not be happy with the value...
GBP/USD Open 1.4943 High 1.5073 Low 1.5018 Close 1.4940 On Wednesday Pound/Dollar decreasing resumed, not exactly matching the weak negative Interbank sentiment at only around -1%. The Cable depreciated from 1.5073 to 1.4933 yesterday, closing the day...
The EUR/USD pair took off during yesterday’s trading session. The rally was supported by low demand for loans offered by the ECB to European banks. Investors realized European banks might be in better financial conditions than previously...
Crude succeeded in achieving yesterday’s suggested bearish direction, where it was able to breach pivotal support 75.20 as trading currently stabilizes at support for the bullish short term channel at 74.60.
EURUSD SMA 50 was able to halt the pair’s upside push as bearish signs helped it through Stochastic indicator, where the pair is currently heading towards pivotal support around 1.2150; representing the suggested neckline for the bearish technical...
EUR/USD Open 1.2229 High 1.2297 Low 1.2169 Close 1.2232 After the sharp descend at the beginning of the week, on Wednesday Euro/Dollar adjusted upwards. The European currency rose from 1.2169 to 1.2297, in line with the Interbank...
Earlier on a 4-hour timeframe the NZD/USD currency pair has formed Doji candle on upward trend. Favorable fact for downward motion is that this candle has developed around strong resistance
