The EUR/USD pair had a strong showing during the Thursday session as the European bonds auctions continue to do fairly well all things considered. However, there is a massive resistance area coming up, based upon the yellow...
EUR/USD rose straight up for the Wednesday session as traders celebrated more rumors of free money for the Greeks in the form of some kind of bailout being put together by the IMF.
The Dollar Index continues correction for the third day on the event of strong equity bourses across the world, especially the benchmark index of the Dow Jones Industrials. The medium trend is bullish till 80.00 ranges are...
The euro grew against the U.S. dollar and its others major competitors.
The EUR/USD pair rose over the session on Tuesday as the markets were in the “risk on” mode for most of the day. The Euro is simply far too weak and toxic at the moment to own...
Correction in the Dollar Index continues on the event of strong equity bourses across the world, especially the benchmark index of the Dow Jones Industrials. The medium trend is bullish till 80.00 ranges are holding on weekly...
The good news for the Euro: France placed its government bonds on 8.59 billion
Market review for 09 -13.01, 2012
EUR/USD fell for the session on Friday as the traders in the FX markets sold off the Euro in general as rumors of an impending credit rating cut for France by S&P came out.
EURUSD’s downward movement extended to as low as 1.2624. Resistance is at the upper line of the price channel on daily chart, as long as the channel resistance holds, downtrend could be expected to continue, and next...
