EURUSD traded sideways in a range between 1.2975 and 1.3486 for several weeks. Another fall to re-test 1.2975 key support would likely be seen next week, a breakdown below this level could trigger another fall towards 1.2500....
After falling throughout the morning session, the euro was able to stage a partial recovery during afternoon trading yesterday, following comments from ECB President Draghi who reiterated his earlier predictions of euro-zone economic growth during the second...
The USD/JPY pair continued to stall on Thursday as the market consolidates around the 80 handle. The level is one of the most important ones in the Forex markets at the moment, and if today has one...
The USD/CAD pair rose after first dropping during the Thursday session. The pair is currently stuck in a relatively well defined range, and as a result has been the domain of short term traders lately.
The GBP/USD pair fell slightly for the Thursday session as the market consolidated ahead of the Non-Farm Payroll numbers. The market is very bullish at the moment, and because of this we think the pair could be...
The EUR/USD pair fell for most of the Thursday session, but bounced in order to form a hammer for the day. The jobs number will be one that could move this market today, as the traders try...
The AUD/USD pair fell hard on the session for Thursday as traders prepared for the important Non-Farm Payroll numbers today. The announcement should be one of the most important this year, as the markets try to figure...
July 1st, less than two months away, will mark the commencement of Labor Prime Minister Julia Gillard’s controversial carbon tax. While Australia accounts for only 1.5% of global carbon emissions, it is the largest per capita emitter.
The Euro-Zone Unemployment Rate in March reached a new record of 10.9
Technical analysis for 02/05 EURUSD The pair has risen to the Moving Average (100) at 1.32148. If the pair stays above this level the pair will rise to 1.33143. If the pair stays below 1.31674 the pair will...
