The EUR/USD pair tried to rally during the session on Tuesday but failed. The 1.27 level above is still the top of this massive resistance area, and we are not buying this pair until we get above...
The Dollar Index after finding support at 81.00 ranges is currently trading at 81.49 resulting in long liquidation in most of the asset classes especially the benchmark equity index of the Dow Industrials and Nymex Crude. The...
The EUR/USD is still in a counter-trend rally. It is unlikely to be the start of a new trend higher and therefore will probably roll-over. Currently there is a possibility the pair could be starting a move...
Commitment of Traders (COT) Techncial Analysis. Speculators have flipped to the short side of the USD. This is the first time specs have collectively had a net short position in the USD since they moved to the...
The Dollar Index is currently trading near the critical support of 81.00 ranges to currently trade at 81.13 the short-term trend is still range bound between 81.00 and 82.10; only daily close below 81.00 would lead to...
The EUR/USD pair rose slightly during the Monday session as the volume simply wasn’t there. The Labor Day holiday in the United States Volumes to a minimum, and as such the day could almost be written off....
Eurodollar is stuck in a range. There is the possibility of a breakout higher and a move to the top of the channel at 1.2670ish, however the 100-day MA is resisting further gains, and a decisive move...
The EUR/USD pair had a very eventful Friday session as the Federal Reserve Chairman Ben Bernanke gave a speech at Jackson Hole, Wyoming that addressed the possibility of further quantitative easing.
On Friday, the US Dollar depreciated off the European session highs to close just above the critical support of 81.00 ranges to currently trade at 81.23 the short-term trend is still range bound between 81.00 and 82.10;...
EURUSD continues its upward movement from 1.2042, and the rise extends to as high as 1.2636. Further rise to test 1.2747 key resistance could be expected, a break above this level will signal completion of the downtrend...
