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EURUSD remains in uptrend from 1.1876
EURUSD remains in uptrend from 1.1876 and the fall from 1.3028 is treated as consolidation of uptrend. Support is now at 1.2732, as long as...
Slow start to week for Asia; sterling weakness a feature
There hasn’t been too much change in overnight Asian trade. Sterling weakness is a feature as the market frets about the future of Prime Minister Gordon Brown. Cable is down at 1.5930 from a North American close Friday around 1.5980, while EUR/GBP is up at .8780 from around .8740. Interesting...
EUR/JPY on the slide
Early Tokyo has taken a dislike to EUR/JPY, selling it down from 137.70 to 137.30. Those players caught long at the wrong levels might be bailing out and reassessing as this pair has certainly come quite a long way in a relatively short space of time. GBP/JPY has also met with some early selling,...
AUDUSD had formed a cycle top at 1.0855
AUDUSD had formed a cycle top at 1.0855 on 4-hour chart. Further decline to test 1.0596 key support would likely be seen, a breakdown below...
Forex Options Show US Dollar Sentiment Extreme, Bounce Likely ...
Forex options markets currently show traders are the most bearish the US Dollar in the past calendar year?bolstering the case for a noteworthy US dollar bottom. In fact, Euro/US Dollar risk reversals now show that traders are the most ... ForexSphere -...