Yesterday's lack of interest seems to point to a test of the 1.3711 area and preferably the 1.3667 area should support for that. However, take care he ... View all

The unexpected narrowing of the US trade deficit in January provided some support for the dollar yesterday, though sterling still wound up higher foll ... View all

EUR/USD Today's support: - 1.3610, 1.3583, 1.3544 and 1.3516(main), where correction is possible. Break would give 1.3472, where correction also may b ... View all

GBP closed higher on Thursday on the back of its hammer formation and now looks to build on that strength with eyes on its Mar 08'10 high at 1.5195. A ... View all

The economic recovery is on track with ongoing, but gradual, signs of progress among consumers and businesses, but with some more erratic developments ... View all

While GBP closed lower on Wednesday, price hesitation saw that close produce a hammer candle again after a similar pattern initiated a recovery higher ... View all

We continue to maintain our broader bearish view on the pair for a break through the 1.0219/04 levels, its 2010/2009 lows and possibly triggering furt ... View all

Former Italian Prime Minister and no stranger to yawning fiscal deficits, Romano Prodi said earlier today that the Greek crisis is over. Having weathe ... View all

Technically speaking, the EUR/USD faces multiple downtrend lines along with 3/8 and 3/3 highs. Our 4th tier downtrend line could serve as a key resist ... View all

Technically speaking, the Cable has our 2nd and 3rd tier uptrend lines serving as technical cushions along with intraday and 3/2 lows. Our 1st tier su ... View all

Technically speaking, the USD/JPYs faces our new downtrend lines along with intraday and 2/7 highs. Meanwhile, the highly psychological 90 area could ... View all

Technically speaking, the Aussie has multiple uptrend lines serving as technical cushions along with intraday, 3/9lows, and the psychological .90 area ... View all

USD traded in a narrow range gaining versus JPY and GBP, and drifting lower versus the EUR and commodity currencies. JPY was pressured by BOJ ease spe ... View all

You probably read about it already; maybe you didn't ... Being proposed is a European Monetary Fund (EMF) -- similar to the International Monetary Fun ... View all

The Dollar was firmer against its major European rivals in overnight trading. The main reason for the risk aversion were downbeat comments from rating ... View all

The GBP/USD broke below a short-term rising channel support, which you can see in the 4H chart. A swing projection in the 4H chart matches the 200% ex ... View all

We saw the GBP/JPY end last week with a bullish attempt, within a declining channel. This is a counter-trend rally, and a trading approach is to stalk ... View all

Bonds caught fire in trading today after failing to follow through yesterday, and this triggered the usual response in the JPY crosses, with the JPY t ... View all

Technically speaking, the EUR/USD faces multiple downtrend lines along with 3/8 and 3/3 highs. As for the downside, the EUR/USD has several uptrend li ... View all

Technically speaking, the Cable has our 1st and 2nd tier uptrend lines serving as technical cushions along with intraday and 3/2 lows. As for the tops ... View all