The euro fell once again during the European session yesterday, following the release of a disappointing German Flash Manufacturing PMI. The news was taken as a sign by investors that the euro-zone crisis is weighing down on...
The EUR/JPY has bounced off the lower line of a major descending channel but soon ran out of momentum and has now corrected back. There is a possibility it may start another leg higher and reach just...
The EUR/USD has fallen to support from the weekly and monthly pivots at 1.2100 and is currently consolidating; it will probably resume its down-trend and target the 1.1876 lows. However a decisive break of the hammer lows...
Events in the single currency region are deemed to cause a pull on the Euro opposite the US dollar. Things are once more getting tough for the Euro Zone, and the markets are again on edge.
Reading from the news, it seems that every bit of it points to the looming demise of the Euro Zone. The bloc is not only dealing with the rising problems of Spain, but also with the economic...
Rising Spanish bond yields combined with fears that the country will soon need an international bailout sent the euro to new lows against its main currency-rivals yesterday. The EUR/USD fell to its lowest level in more than...
The EUR/USD pair fell significantly during the Monday session, after initially gapping lower. Because of the initial move, many traders got involved in the rout look to be set. However, the American traders sold the Dollar and...
The USD/JPY pair bounced off of the 78 handle during the session on Monday in order to form a good looking hammer for the session. This suggests to us that the 78 level will continue to offer...
The GBP/USD pair fell for most of the session on Monday, only to bounce at the very end of trading. The 1.55 level has offered support, and this should really be that surprising as it had been...
The AUD/USD pair fell during the Monday session as the “risk off” trade came back into play. There a lot of concerns out of Europe now, mainly revolving around Spanish principalities and cities. Spanish and Italian bond...
