EURUSD The pair rushed to the upside to return within the ascending channel shown above, while at the same time activating the bullish technical pattern after breaching the neckline at 1.2325. From here, we expect a bullish...
ForexPros Daily Analysis June 17, 2010 Fundamental Analysis: BoC Gov Carney Speaks Canadian traders await the speech by governor Carney, to take place tomorrow, June 18th. Mark Carney, Bank of Canada governor, 2008-2015. As head of Canada’s...
USD/JPY Open 91.41 High 91.78 Low 91.14 Close 91.43On Wednesday Dollar/Yen continued trading with a slight decrease, in line with the Interbank sentiment at around -56%. The currency couple depreciated from 91.78 to 91.78 yesterday, closing the...
The pair led two attempts at breaching the critical resistance that descended currently towards 113.35 which is the key area for returning to the ascending channel previously breached.
GBP/USD Open 1.4732 High 1.4856 Low 1.4644 Close 1.4725After strong rise at the beginning of this week, on Wednesday Pound/Dollar corrected deeply downwards, in line with negative Interbank sentiment at around -29%. The Cable depreciated from 1.4856...
Caution and tentative trading came back into the broad markets swiftly on Wednesday as economic data from the U.S. managed once again to emphasize that not all is well. The USD gained on the EUR and GBP...
Economic data from Europe was rather light and the EUR traded under the gyrations of risk sentiment. CPI releases from the E.U. proved lackluster, demonstrating once again that inflation is not a predominant theme in the current...
The Sterling turned in a rather flat trading session while losing a bit of ground to the USD on faltering sentiment. Today will be a big day of data from the U.K. with Retail Sales and CBI...
The consolidated range that the JPY and USD has been undertaking for months continues. Asian bourses found themselves in weaker territory on the heels of less than promising data from the U.S. yesterday. With important data ready...
Today is expected to be a very busy say, as many key numbers and events are scheduled to be released. The Swiss central bank is expected to keep its benchmark interest at 0.25%; however, SNB rhetoric on...
