The Cable remains well bid after a slight pullback on the 1,61 level. A break above 1,62 (wednesday high) would accelerate the move towards 1,6250 which might offer a great resistance (daily bollinger band and weekly 20...
The Greenback traded flat after it has depreciated heavily on Wednesday, the 13th on the back of widened trade deficit. Key equity index, Dow Jones Industrials (DJIA) is expected to find resistance in the zone of 12700-12800...
We were expecting somoe kind of bounce on the Cable which has been more than confirmed. We can see that the pair is forming a nice morning star pattern on top of its daily bollinger band which...
The US Dollar tumbles after the trade deficit widens by more than $6B. The USD appreciated homogeneously against all the FX majors.Key equity index, Dow Jones Industrials (DJIA) is expected to find resistance in the zone of...
The GBP/USD pair rose rapidly on Wednesday as it was suggested by Ben Bernanke that possible quantitative easing is in the cards in front of Congress. Because of this, the USD sold off against almost everything in...
GBP/USD fell hard on Tuesday, but bounced to form a hammer just above the all-important 1.59 level. The candle shows how hard it is going to be to break the level, and days like this is why...
The US Dollar traded strong for most of the day; though it has trade strong though the Asian and European trading sessions, profit booking was witnessed during the American trading session on the event of the smart...
The Cable might be in the process to build a significant bounce on top of its recent low near 1,5775 correspondong to the 2011 low. Indeed, the bounce coincides with the lower bollinger band and the studies...
The US Dollar Index appreciated for fourth consecutive day on the event of on the event of profit taking in the key equity index of the Dow Jones Industrials (DJIA). The USD has appreciated homogeneously against all...
The Cable has been under pressure as well and the new fresh low below 1,59 opens the door to further decline with a next target at 1,58.
