EURUSD The pair continued downs downside correction reaching 38.2% Fibonacci that meets with the 50 MA. The ability of this level to hold the pair to the upside will help activate the bullish scenario expected for today....
USDCAD: In our analysis Wednesday we talked about the potential for huge price action if the CAD cleanly breaks above the 200 day MA and we certainly saw that yesterday. This move is significant for 3 reasons....
USD/JPY Open 89.42 High 91.87 Low 89.05 Close 89.62Dollar/Yen made a significant decrease on Thursday, in line the Interbank sentiment at around -23%. The currency couple depreciated from 91.87 down to 89.05, closing the day at 89.62....
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GBP/USD Open 1.4336 High 1.4458 Low 1.4243 Close 1.4356After a slight descend at the beginning of this week, Pound/Dollar was held within a wide trading range, in converse with the negative Interbank sentiment at around -68%. The...
The USD lost plenty of ground to the EUR, GBP, and JPY on day in which the broad markets exhibited steep declines on international bourses. Wall Street and all the major American equity indexes plunged along with...
The EUR found takers on Thursday and during its one day run it was able to muster enough gains to put itself at the higher end of it weak trend against the USD. The situation in Europe...
Without any major economic data released from the U.K. on Thursday, the Sterling actually found itself with better footing. The GBP was able to firm like its counterpart the EUR. As to the reason why this happened,...
The JPY continues to make a push towards the strongest parts of its range against the USD. The JPY strength has come on the heels of a very anxious and risk adverse equities market. Gold has been...
EURUSD The pair managed to breach the neckline shown in our reports yesterday at 1.2430, while pushing towards the upside to closely near the main key target at 1.2570. This confirms natural trading within the descending channel...
