EURUSD Forecast January 17, 2017, Technical Analysis
The EUR rallied during the day on Monday, but found enough resistance at the 50-day exponential moving average to turn around and form a less than spectacular candle.
Euro
EURUSD Forecast December 5, 2016, Technical Analysis
The EURUSD pair fell slightly but then turned back around to form a hammer.
AUDUSD Forecast December 5, 2016, Technical Analysis
The AUDUSD pair fell slightly during the session on Friday, but found enough support near the 0.74 level to bounce and test the 0.7450 level again. We found resistance there, as we have in the past, so now it looks very choppy to say the least.
Dollar Eases On Profit-Taking Ahead Of An Important Week
Black Friday means financial markets will close earlier than usual today, but don’t despair as there is a lot to look forward to next week.
EURUSD Forecast November 8, 2016, Technical Analysis
The EURUSD pair fell significantly during the day on Monday as we got word that the FBI was not going to indict Hillary Clinton due to emails.
EURUSD Forecast November 3, 2016, Technical Analysis
The EURUSD pair continued to grind higher during the day on Wednesday, as fears over a switch in the expected outcome of the presidential election in the United States of course has have the US dollar falling.
USDCHF Parity In Sight As Dollar Extends Bullish Momentum
In recent days we have seen the dollar’s bullish trend gain momentum against the G10 currencies. Investors appear to be expanding their bullish bets on the greenback amid rising expectations that Donald Trump’s reputation will prevent him to become the next US president.
EURUSD Daily Analysis – September 26, 2016
EURUSD is forming a sideways consolidation in a range between 1.1123 and 1.1326.
EURUSD FOMC Decision Won’t Necessarily Be A Binary Outcome For USD
Risk is on the menu at the start of this new week with stocks, crude oil and commodity currencies all climbing higher, while the dollar is easing back slightly after Friday’s rally.
King Dollar Set For A Rebound?
The dollar staged a broad-based rally on Thursday to make back some of the losses it had suffered earlier in the week which had been on the back of a poor ISM services PMI reading and last week’s disappointing jobs report.