GBP/USD Open 1.6324 High 1.6405 Low 1.6189 Close 1.6332Pound/Dollar did not make a significant movement on Wednesday, yet managed to snatch out of the the triangle formation on the 3 hour chart, reaching the 1.6405 top, indicating...
EUR/USD Open 1.4521 High 1.4586 Low 1.4373 Close 1.4533Euro/Dollar corrected insignificantly upwards on Tuesday to the 1.4586 top, closing the day at 1.4533. Although the bullish adjustment did not come as a surprise for us after the...
Following the optimistic forecast for the U.S. economy given by the Federal Reserve Bank (FED) on Wednesday, the U.S. Dollar continued to make serious gains against its major counterparts well into morning trading. The EUR/USD pair was...
AUD The Australian Dollar retreated on Wednesday after news emerged that Australia posted a very disappointing GDP number in the third quarter. To add insult to injury, the previous quarter’s growth figures, which were applauded as a...
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USD/JPY Open 89.46 High 89.93 Low 88.60 Close 89.61Dollar/Yen attempted to fall on Monday but the 88.36 support did a good job, preventing further downward pressure and maintaining a valid bullish scenario, as seen on the 1...
Global Equity Markets were mixed on Tuesday as Dubai continues to sort out its debt repayment obligations. In the U.S Producer Prices climbed 1.8% which was more than double expectations. This caused stocks to retreat as it...
Key Support & Resistance (S/R) Levels: As the Greenback continues to rally heading into the end of the year we thought it would be a good time to review a couple key S/R levels. Traders generate S/R...
GBP/USD Open 1.6265 High 1.6320 Low 1.6189 Close 1.6267Pound/Dollar made an increasing movement on Tuesday, reaching a peak at 1.6315, from where the Cable dropped as expected, down to 1.6209 bottom, closing the day at 1.6267. The...
USD The US Dollar gained across the board on Tuesday in advance of the conclusion of the two day Federal Reserve meeting later on today. The Fed has been emphatic in their insistence that interest rates will...
