EUR/USD trying to rally through the 1.28 level on Monday, but failed in the end. This has been an area that has been causing quite a bit of headaches for the buyers, and it looks like it...
The Dollar Index is trading at 81.25 with 81.00-81.20 ranges still acting as short term resistance from where is sold off during September last.
EURUSD’s downward movement from 1.3171 extends to as low as 1.2661. Deeper decline is still possible, and next target would be at 1.2500 area. However the fall is likely correction of the uptrend from 1.2042, another rise...
The EUR/USD pair fell during the session on Friday, but did bounce off of the 1.27 support level. The resulting candle is somewhat like a hammer, and does show some support in this general vicinity.
The Dollar Index is trading at 81.20 with 81.00-81.20 ranges still acting as short term resistance; the USD has traded mixed wherein it has lost more than 50 pips against the Euro and the Swiss Franc, about...
The EUR/USD pair shot straight up during the session on Wednesday, but gave up quite a bit of its gains in order to form something that looks quite a bit like a shooting star.
When traders get really good and bearish, how often does a market then turn around? I have often felt that it is the markets function to fool as many people as possible. After all, if it were...
The Dollar Index is trading at 81.20 with 81.00-81.20 ranges still acting as short term resistance after the FOMC meeting yesterday. The Dollar Index is expected to again find resistance at 81.00-81.20 ranges from where is sold...
The EUR/USD pair fell below the 1.2700 level on Tuesday, but did get a bounce in order to pop back above it. Currently, we are flirting around with that handle, and have formed what looks a lot...
The Dollar Index is trading at the short term resistance of 81.00-81.20 ranges after the FOMC meeting yesterday. The Dollar Index may again expected to find resistance at 81.00-81.20 ranges from where is sold off during September...