USD/JPY Open 91.69 High 92.11 Low 91.28 Close 91.60Last week Dollar/Yen traded within a range and with upward incline at the end of the week, in converse with the Interbank sentiment at nearly -60%. The currency couple...
Gold continues to trade within the short term ascending channel shown above with signs of a continuation bullish pattern with the neckline at 1254.00. The 50 Days MA supports the short term bullish channel, and after the...
The USD essentially traded in range on Friday as the currencies moved in a rather tentative manner. The U.S. released its Retail Sales statistics and the outcome was negative. A result of minus -1.1 was produced by...
The EUR has enjoyed a few trading sessions with relative stability and on Friday it was able to hold onto its gains against the USD. The Single Currency still finds itself at the lower depths of its...
The Sterling continued to find stability on Friday even as another dose of poor U.K. economic data was published. The Manufacturing Production and Industrial Production figures turned in negative results with a matching decline of minus -0.4%.
The JPY lost ground to the USD on Friday as traders continued to show a tad more risk appetite within the Asian equity markets reflecting their global counterparts. The JPY and USD remain in a well practiced...
USD The Dollar rose against both the Euro and the Yen on Friday as better than expected data showed that consumer confidence rose in June to its highest level in more than two years. Moreover, Forex traders...
GBP/USD Open 1.4581 High 1.4743 Low 1.4511 Close 1.4546After a slight increase on Friday, Pound/Dollar lost all Thursday’s gains, in line with negative Interbank sentiment at around -34%. The Cable depreciated from 1.4745 to 1.4506 on Friday,...
Crude continues trading within the ascending channel shown below, according to the scenario mentioned in our previous reports, where the last bearish movement that touched this channel support is around 73.25 meeting with MA 100 and is accompanied by...
EURUSD The pair continued its upside push where it managed to breach the resistance level for the descending short term channel, surpassing the breached retest line for the previously mentioned bearish technical pattern at 1.2130.
