EUR/USD fell during a large portion of the session on Tuesday, only to bounce back. This isn’t a big surprise, as the Euro seems to have the ability to bounce no matter what. However, the market seems...
You would think after twenty or so major and mini summits over the period since the Greek saga commenced, the European leaders would have enough experience to have successful productive summits.
The market participants expect the negative outcome of the upcoming EU
The EUR/USD pair fell for much of the session on Monday, but managed to find support at the 1.25 level. This caused the pair to print a hammer for the session, and this suggests that we are...
The EUR/USD pair had a fairly quiet session on Friday as the 1.25 level continue to hold the support. However, it does in fact look like we are trying to form some type of bearish flag.
EURUSD may be forming a cycle top at 1.2747 on daily chart. Key support is now located at 1.2500, a breakdown below this level will indicate that the downtrend from 1.3486 has resumed, then further decline towards...
The EUR/USD pair fell hard on Thursday as the markets worried about immanent downgrades of the world’s largest banks by Moody’s, and weak economic numbers from both China and Germany.
The FOMC meeting results: the rate kept at 0-0.25 %, the “Twist” program
EUR/USD had fairly volatile day on Wednesday as the Federal Reserve had its announcement signaling an extension of the “Operation Twist.” The market reaction was one of confusion, and at the end of the day, not much...
The Economic Sentiment in Europe showed a disappointed result.
