The greenback was under serious pressure during the whole week and the EUR/USD pair has reached new maximums. On Monday the euro continued to trade around its 8-months maximums against the greenback. According to the experts’ opinion,...
AUDUSD runs in a rising price channel on daily chart and remains in uptrend. As long as the channel resistance holds, uptrend is expected to continue, and next target would be at 1.0300 area.
Positive Asian economic data supported the risk appetites. Asian and European trading sessions: Euro: Expectations for the release of the strong European statistics pushed the EUR/USD rate to the maximums of $1.3982. The Euro-zone industrial production indeed...
EURJPY On the 4 hour, the EURJPY traded in a rising channel for 4 weeks, from mid September until this week. Prices have now broken through the channel, and after a quick test of the channel as...
The US dollar rate shows technical correction. FOMC meeting is in focus. Asian and European trading sessions: Euro: The EUR/USD pair slipped as low as the $1.3775 mark, as investors showed less demand for the high-risk assets....
The AUD/USD pair is now trading in the flat limited by 0.9708-0.9909. The breakout of the flat will show the direction of the future med term frend. According to wave count on larger timeframes this pair is...
The greenback continues to be under pressure. Asian and European trading sessions: Euro: On Monday the euro continued to trade around its 8-months maximums against the greenback. According to the experts’ opinion, the euro was overbought, and...
During the whole previous trading week the euro was demonstrating strength over the weakening US dollar. But on Monday the euro was under temporary pressure due to the negative influence from the European banking sector. The released...
AUDUSD remains in uptrend from 0.8771 and the rise extended to as high as 0.9916 level. Support is at 0.9540, as long as this level holds, uptrend is expected to continue and next target would be at...
Unexpectedly low ADP employment affects the market. Asian and European trading session: Euro: The EUR/USD pair reached the 8-months maximum at the $1,3880 mark. US Dollar: On Wednesday the US dollar was still trading at the 8-months...
