EUR/USD fell again on Wednesday as the FX community continues to shun the EU and the “solutions” that the region keeps coming up with. The 1.30 level has been broken, but the candle for the session looks...
The markets were focused on the FOMC meeting today.
EUR/USD has fallen hard again on Tuesday as traders continue to vote against the EU summit and the “fixes” that the leaders came up with. Also, there is the continuing threat of downgrades by all three major...
The big sell-off day for stock markets. The US Dollar and the Yen strengthened.
EUR/USD fell hard on Monday as traders worried about the possibility of Moody’s downgrading the EU countries on top of the S&P threat. This will continue to weigh on the ability to own the Euro.
Market review for 5 – 9.12, 2011
High volatility was witnessed in the FX market during last week on the event of low volumes and Global economic uncertainity . Major trend is range bound between 73.40 and 81.20 where as the medium trend is...
EUR/USD was the focus of the world’s attention on Friday as the EU summit was coming to a close. The market was waiting to see what could come out of Brussels, and the result was enough to...
EURUSD is forming a cycle bottom at 1.3212 on daily chart. Key resistance is now at 1.3546, a break above this level will confirm the cycle bottom, then the following upward movement could bring price to 1.4500...
After almost entire week of horizontal trend on EURUSD, now we might be witnessing comeback to more decisive downward movements. This time, we should justify current situation deploying fundamental analysis basics and in particular behavioral finance.
