EURUSD broke below the lower border of the price channel on 4-hour chart, suggesting that a cycle top has been formed at 1.3817 level on 4-hour chart...
EURUSD broke below lower border of price channel
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GBPUSD continues its sideways consolidation
GBPUSD continues its sideways consolidation. Range trading between 1.5344 and 1.5664 is still in favor in a couple of days. As long as 1.5664...
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US consumer confidence rockets higher
The Conference Board’s measure of Consumer Confidence rose sharply to 54.1 in August from an upwardly revised 47.4 in July. Again like last time, little early reaction in Eur/Usd to the news. More so in Usd/Jpy as the pair moves back to...
Asian Market Means More Dollar Strength 15-6-2009 | Financial 24
Asian Market Means More Dollar Strength Overall, the dollar continues to gain ground against the major currencies throughout the Asian session, as the market remains in risk-aversion mode. The current per. Financial 24 | Financial News -...
Cable eyes resistance at 1.6671, 1.6715
Cable remains on a tear with a global recovery helping lift the worst of the worst (except for the dollar) as prospects brighten going forward. Talk of a major resuffling of the UK cabinet is not impacting the currency despite talk that Chancellor Darling could be on the chopping block. Hanging...