EUR/USD rose during the session on Friday as the market tried to rally on all things risky. However, there is a massively important meeting in Europe on Monday that will decide whether or not the Greeks get...
The USD/JPY pair continued to shoot straight up during the Friday session as the Yen is starting to become parabolic in this move. The Bank of Japan has announced an escalation of bond buying, and as a...
USDCAD remains in downtrend from 1.0523, the rise from 0.9925 is likely consolidation of the downtrend. Another fall towards 0.9700 is still possible after consolidation, and a breakdown below 0.9925 could signal resumption of the downtrend. Resistance...
USDCHF remains in downtrend from 0.9594, the rise from 0.9088 is likely consolidation of the downtrend. One more fall towards the lower line of the price channel on daily chart would likely be seen after consolidation. Resistance...
USDJPY breaks above 79.52 resistance, suggesting that the sideways movement in a range between 75.57 and 79.52 has completed. Further rise is expected after a minor consolidation, and next target would be at 82.00 area. Support is...
AUDUSD stays in a upward price channel on daily chart, and remains in uptrend from 0.9861, the price action from 1.0844 could be treated as consolidation of the uptrend. Another rise towards 1.1080 previous high is still...
GBPUSD is forming a cycle top at 1.5928 on daily chart. Another fall to test 1.5640 key support would likely be seen, a breakdown below this level will confirm the cycle top, then further decline towards 1.5236...
EURUSD broke below 1.3026 support, suggesting that a cycle top has been formed at 1.3320 on daily chart. Further decline would likely be seen over the next several days, and the first target would be at 1.2800...
The European Central Bank agreed to exchange Greek bonds for new securities. Asian and European trading sessions: Euro: The EUR / USD pair fell to $ 1.2997 mark during the Asian trading session on the background of...
The EUR/USD continued to fall during yesterday’s trading session, as negative euro-zone news caused investors to revert back to safe-haven assets. The pair dropped below the psychologically significant 1.3000 level for the first time since January 25th.
