The EUR/USD pair had a slightly positive session for the Friday trading day, bouncing off of the 1.30 level. However, we think that the 1.3150 level above should continue to be resistant, and as a result we...
The EUR/USD pair collapsed during the session on Thursday as the shooting star from the previous session set up this potential sell signal. We had suggested that the 1.3150 level will offer support during the session, and...
Market Commentary The Dollar Index continued appreciating after finding support at 79.00 ranges to currently trade at 80.75 with 81.20-81.50 acting as short term resistance. As against historic inverse correlation between the benchmark equity index of the...
The EUR/USD pair shot straight up during the session on Wednesday as word got out that the U.S. Congress had come to an agreement involving the so-called “fiscal cliff” during New Year’s Day.
Market Commentary The US Dollar traded mixed on the last day of 2012 wherein it has depreciated against the Cable and continued appreciating against the Yen and traded flat against the Euro, Swiss France and the Aussie....
The EUR/USD pair continued to bounce around in the relatively tight consolidation area that we’ve seen over the last couple of weeks. The 1.3150 level continues offer support, as the 1.33 level continues offer resistance.
EURUSD stays within an upward price channel on daily chart, and remains in uptrend from 1.2661, the fall from 1.3308 is likely consolidation of the uptrend. Support is at the lower line of the channel, as long...
The EUR/USD pair fell during much of the Friday session, but found support at the 1.3150 level yet again. The resulting balance formed a hammer, and it does suggest that we are going to continue to see...
The EUR/USD pair is without a doubt one of the least interesting ones at the moment. We are caught between the 1.3150 support level, and the 1.3300 resistance level.
Market Commentary Amidst volatile session witnessed in the benchmark equity index of Dow Industrials (.DJIA) the Dollar Index (DX) ended flat after swinging between 79.89 and 79.42. The Dollar Index after finding support at 79.00 ranges is...
