It was late July when Draghi said he would do “whatever it takes” to preserve the euro. This included bond buying from those countries that requested help. Today, Thursday October 4, the ECB holds another meeting, this time...
The Greenback traded mixed against the major pairs, wherein it continued appreciating against the Cable and the Aussie; it traded flat against the Common currency and the Swiss Franc.
The EUR/USD pair attempted to rally during the session on Wednesday as the Euro continues get a bit of a reprieve. However, the 1.30 level looks to be a bit too restrictive for this currency, and as...
The Dollar traded flat against the major pairs of the Euro and the Cable but has appreciated by more than 100 pips against the Aussie on the event of profit taking witnessed on most of the asset...
The EUR/USD pair rose during the session on Tuesday, but gave back much of the gains in order to form a shooting star. We remain firmly under the 1.30 level, and this should signal that a real...
The EUR/USD pair initially rose during the Friday session, but fell once we get close to the 1.30 handle. The resulting move have the market falling down towards the 1.2850 level, and the candle does in fact...
On Friday, 28-09-12, the US Dollar traded weak for most of the European session; but appreciated during the American session on the event of profit taking witnessed on most of the asset classes, especially the bench mark...
EURUSD has formed a cycle top at 1.3171 on daily chart. Range trading between 1.2750 and 1.3171 would likely be seen in a couple of weeks. Support is at 1.2750, as long as this level holds, the...
The EUR/USD pair fell originally during the Thursday session, but bounced in order to form a hammer centered around the 1.29 level again. This is the second day in a row we have seen this, and as...
The US Dollar resumes down trend as after testing intermediate resistance of 80.00 ranges resulting in most of the asset classes, especially the equities appreciating. The Greenback has lost most against the Cable continued by the Aussie.
