EURUSD may find stiff resistance at 1.3955 ranges. Common Currency fell after taking resistance near high of 1.3861 made on February 02, 2011 and settled lower at 1.3751, halting two days rally. EURUSD is showing bit of...
EURUSD is facing 1.3861 resistance, a break above this level will indicate that a cycle bottom has been formed at 1.3428 level on daily chart, and the uptrend from 1.2874 has resumed, then further rise to 1.4100-1.4200...
Dollar is expected to continue to trade in weaker territory, especially against the Euro and Cable, though it’s trading neutral against the Aussie Dollar. During past three days, despite sell of in Dow Jones Industrials, historic correlation...
Bank of England minutes bring pound to maximums. Asian and European trading session: Euro: 2-year maximums of the oil prices level supported the growing euro rate, since the possibility that the ECB would reinforce its monetary policies...
EURUSD continued its previous day rally yesterday to settle with positive note at 1.3758, well above high of 09th February 2011. 1.3865 is now immediate resistance for common currency above which possibilities of testing 1.4282, high made...
Demand for the save-heaven assets is growing.
Greetings. Let’s take a look at the EUR/USD hourly chart. There are still a lot of strong resistance levels we’re watching for before we see bigger potential move up. We’re still watching the pair closely and looking...
Common currency settled marginally lower at 1.3672 and showed sharp recovery from day’s low of 1.3525. Till it trades above 1.3428, we don’t see any major correction in EURUSD, 1.3744, high of 09th February 2011, is immediate...
Instability in the Middle East and Africa regions concerns the market.
Dow Jones Industrials (.DJIA) correlation suggests strength for Dollar in very short-term. With Dow showing signs of sell off from historic congestion zone of 12300 ranges, most of the majors showed signs of yielding against the USD....
