EURUSD runs in a price channel on 4-hour chart. Support is now at the lower border of the channel, now at 1.3045, as long as the channel support...
EURUSD runs in a price channel
Source: feedproxy.google.com
Read more...
AUD/USD Daily Outlook
Daily Pivots: (S1) 0.8618; (P) 0.8666; (R1) 0.8723; AUD/USD weakens further today but it’s still holding above 0.8589 support. Intraday bias remains neutral for the moment. Note that break of 0.8589 will confirms hat a short term top is at least in place, with bearish divergence conditions...
Forex markets – what we can expect this week
It is rare in the financial markets that one event can dominate and influence the outcome of so many diverse instruments, but at present this is most certainly the case, with the US economy teetering on the brink and the FED now increasingly backed into a corner with regard to its policy of a...
US Trade deficit increases in April. Dollar gaining in Forex Trading today.
Wednesday, June 10th - The United States trade deficit edged up in April for the second consecutive...
Thursday Sector Laggards: Agriculture & Farm Products, Music & Electronics Stores
In trading on Thursday, agriculture & farm products shares were relative laggards, down on the day by about 1.4%. Helping drag down the...
The Senior Strategist: Keep an eye on the finance ministers and FED
The most important events of this week are the meeting with the euro finance ministers today and the FED meeting Tuesday. Senior Strategist...