EURUSD continued its downward movement from 1.4246, and the fall extended to as low as 1.2858. Resistance remains at the upper border of the price channel on daily chart, as long as the channel resistance holds, downtrend...
The EUR/USD fell during the session on Thursday after the Italian 10 year bond auctions came out with a lackluster performance. The yield was just under 7%, but the after auction trading in the secondary markets saw...
Correction in benchmark equity index of the Dow Jones Industrials from historic resistance zone of 12300-12380 ranges and Consumer Confidence numbers beating the street led to the Dollar Index appreciating by 1 point to close firm at...
The EUR/USD pair fell on Wednesday in low volume trading. The pair is supported all the way down to the 1.29 level, so while the break of the 1.30 level is significant, it isn’t a sell signal...
EUR/USD rose again on Tuesday as the trading world felt slightly bullish. However, the market has shown time and time again that the rallies in the EUR/USD pair are to be sold, and it must be said...
Flat trading day was witnessed in most of the FX majors but for the Cable which was volatile on the event of low volumes. Major trend is range bound between 73.40 and 81.40; the medium trend is...
The Dollar Index is trading flat as is case with most of the asset classes. Major trend is range bound between 73.40 and 81.40 ; the medium trend is bullish till 77.50 ranges is holding on weekly...
EURUSD bounced of its strong support level – area of 1.2940 ,one year-low, and was stuck in horizontal trend during entire week.
EUR/USD pair rose initially during the Friday session as the 1.30 level keeps offering support, but the market gave up gains as we entered the US session. The pair is presently fighting it out at a massive...
EURUSD stays in a downward price channel on daily chart, and remains in downtrend from 1.4246. Initial resistance is at the upper line of the channel, as long as the channel resistance holds, downtrend could be expected...
