Last minute deal has been struck to increase the US borrowings by President Obama, but the street seems to be more concerned about the weakening of the US economy which resulted in sell off for the straight...
The market is still carving out a new lower top on the daily chart which might lead the EUR/USD toward the key support at 1,40 coinciding with the 20 moving average.
Greetings. Let’s take a look at the USD/CHF. We see a lot of talk about how much further can the USD/CHF pair go?
The EUR/USD first rose, then fell during the Monday session. The fact that it has broken below the bottoms of two o hammers suggests that some kind of major support in the 1.4250 area might be getting...
The US Dollar strengthens across the board especially against the Euro and the Cable; the Dollar Index (DXU11) finds stability again in the ranges of 74.00 after it has hit critical support of 73.40 ranges; despite the...
The pair has confirmed a new fail on its daily descending trendline yesterday. The overall structure is now quite bearish with a risk of additional decline towards key level at 1,40 (daily bollinger band).
The Dollar Index (DXU11) finds stability again in the ranges of 74.00 after it has hit critical support of 73.40 ranges. The US Dollar is trading mixed after President Obama announced a last minute deal to increase...
The EUR/USD pair fell, and then rose on Friday, as traders really don’t which side of the Atlantic is worse right now. Because of this, the pair will be choppy at best. However, if the markets get...
Last week, we did see the EUR/USD testing its descending trendline for the 4th time since the beginning of May.
Being contained by the upper border of the price channel on daily chart, EURUSD pulled back from 1.4535, suggesting that a cycle top is being formed. Range trading between 1.4050 and 1.4535 would likely be seen in...
