The EUR/USD pair closed the day on Friday knocking on the door of the 1.45 resistance level, and as such – looks very bullish at the moment. However, this level has repelled the bulls several times, and...
EURUSD is testing the resistance of the price channel on daily chart, a clear break above the channel resistance will indicate that the uptrend from 1.3837 has resumed, then further rise towards 1.4939 previous high could be...
The Dollar Index is trading flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-74.50 ranges in the short-term and...
The EUR/USD pair fell slightly on Thursday as traders sold off risk in the global stock markets. The Europeans adding more short selling bans in their stock markets show exactly how desperate the situation is becoming in...
The pair continues to evolve in a multi-week range between 1,40 and 1,47 represented by the weekly bollinger bands. An annoucement of another Quantitative Easing from the Fed this afternoon (14:00 GMT) could very well spark a...
Greetings. Let’s pull up the EUR/USD. It looks like we’re forming a potential Contracting Triangle (CT) so once it completes, look for a continuation of the upward movement to a potential price target area of 1.4500 and...
The EUR/USD pair tried to break above the 1.45 level again on Wednesday, but failed yet again. The US Durable Goods numbers came in much higher than expected, and as a result – the Americans sold off...
Willingness to take risks increased today.
The Dollar traded flat amidst stable trading observed in most of the asset classes, especially in the equity markets across the World. The Dollar Index is range bound between 73.40-76.70 ranges; historic correlation between the Dollar Index...
Nothing really new with the EUR/USD which continues to trade flat with market participants waiting for a possible QE3 announcement from the Fed next friday.
