The EUR/USD pair fell during the initial part of the Tuesday session, but bounced yet again in order to form a hammer. Looking at this chart, it becomes obvious that we are forming higher lows along the...
EURGBP. We had some interesting economic numbers released last week. Perhaps overlooked was the European M3 money supply report. This is the broadest measurement of the money supply and the quarterly and yearly growth numbers were both...
The Dollar Index is still trading range bound between 80.40 and 79.00. The USD traded flat against the Euro, the Swiss Franc and the Aussie Dollar but appreciated by more than 70 pips against the Cable.
The EUR/USD pair fell during the session as the Dollar gained in general against most currencies. Looking at this chart, you can see that we are trying to go higher overtime, but it is been a ridiculous...
EURUSD. Reports Wednesday October 24 confirmed that the economic slowdown which has been plaguing the countries in Southern Europe is moving north. The German Manufacturing PMI (M/M) was down to 45.7 from 47.4 last month. The Services...
The Dollar Index is still trading range bound between 80.00 and 79.00. The USD traded flat against most of the FX majors, though mild correction was observed in the Cable after the Cable has appreciated during past...
EURUSD traded in a range between 1.2803 and 1.3171 for several weeks. The price action in the range is likely consolidation of the uptrend from 1.2042. Support is at 1.2803, the uptrend could be expected to resume...
The EUR/USD pair fell during the session on Friday but found a bit late in the day in order to form a hammer. This hammer was formed directly after a shooting star, so it does suggest to...
The EUR/USD pair rose at first during the Thursday session to trigger by orders from the hammer on Wednesday, but by the end of the session we saw a reversal and a shooting star print. Because of...
The EUR/USD pair fell during most of the session, but bounced off of the 1.2950 area in order to form a hammer for the trading day. This does look rather bullish, but we have trouble thinking that...
