EUR/USD rose during the Thursday session as traders continued to sell the Dollar overall. However, by the end of the session, all of those gains were given up as the market formed a shooting star at the...
After the US Dollar lost across the board on the event of no change in the interest rate, most of the appreciated as result, currently the Green back is trading sideways. The medium trend is bullish till...
The Bank of Japan lowered the forecast of the economic growth for next year
EUR/USD rose overall during the Tuesday session as the pair initially fell in trading. The market fell to sub-1.30 level, and then turned around as support came back into the fold at the area. However, the area...
With the Fed’s Interest Rate decision due today, the US Dollar is trading sideways against most of the FX majors. The medium trend is bullish till 79.60 ranges are holding on weekly closing basis, though 83.30 ranges...
The Asian financial markets celebrated a New Year.
Market review for 16 – 20.01, 2012
Strong equity bourses across the world, especially the benchmark index of the Dow Jones Industrials resulted in the Dollar Index loosing more then 1.2 points during last week. The medium trend is bullish till 79.60 ranges are...
The EUR/USD pair fell on Friday as traders sold the Euro on concerns of the Greek debts talks stalling. However, the pair was bought back up during the US session, and has formed a hammer on the...
EURUSD broke above the upper line of the price channel on daily chart, suggesting that a cycle bottom has been formed. Further rally would likely be seen over the next several weeks, and the target would be...
