The GBP/USD pair fell on Thursday, continuing a move that started on Wednesday. The pair looks extraordinarily weak, as it keeps falling. The 1.6250 area should serve as some kind of minor support, but this latest move...
The pair has been under intense pressure over the last couple of days with a break below its daily 20 moving average.
The GBP/USD pair fell on Wednesday as traders sold off the Pound against the Greenback. The dollar had been believed for some time to be about to be weakened by the Fed on Friday as it introduced...
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...
We still consider the Cable slighly bullish despite the current consolidation. The market might be testing April high at 1,6750 soon if the 1,66 resistance is cleared.
The yen and franc retreated on fears of intervention of Japan and Switzerland
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...
We continue to hold a slight bullish bias on the pair but the outlook is not very clear considering the overall lack of volatility.
The Dollar Index again took support at 73.50-74.00 ranges, which happens to be very important support; most of the asset classes, especially the equity bourses succumbed to selling pressure resulting in the Dollar Index recovering again from...
