AUDUSD stays above the rising trend line on daily chart and remains in uptrend from 0.6284. The pullback from 0.8263 is more likely consolidation of uptrend. Further fall to test the support of the rising trend line...
GBPUSD drops sharply from 1.6662, suggesting that a cycle top is being formed on daily chart. Key support is now located at 1.5777, a break below this level will confirm the cycle top and signal deeper decline...
EURUSD remains in uptrend from 1.2884. Range trading between 1.3793 and 1.4338 would more likely be seen next week. Initial support is at the rising trend line on daily chart now at 1.3915, below this level will...
Today’s U.S. Non-Farm Employment Change data release is set to dominate the trading between the Dollar and its major currency pairs. A number of other factors are also likely to impact the forex market today, such as...
The Dollar gained considerably ground in yesterday’s trading, whilst the price of Crude Oil plummeted. The question today is can this pattern be extended into end-of-week trading? The answer to this question will be determined by a...
EUR/USD With news out of the US and the EURO zone today a larger than average range is expected (150 + pips).
The Dollar continued its freefall against all the major currencies despite positive housing data figures from yesterday. Today, at 12:15 GMT, Forex traders will have the ability to enjoy hefty volatility in the market as the ADP...
EUR/USD Continues to March A pair has just pulled off the highs in the early Tokyo session, but the trend is still up and the bias is still up.
Strong economic data from the U.S, U.K and China combined with strong equity performances has led to a sell-off of the safe haven currencies and pushed investors to higher yielding, riskier currencies as many see the global...
EUR/USD Awaits Breakout The pair has been stuck in a range through early trading, but the EUR is showing early signs of weakness.
