Dollar index building momentum to the upside
Yesterday’s price action on the US Dollar index was highly significant with the price once again testing the key resistance at 81.60, which defines the […]
Yesterday’s price action on the US Dollar index was highly significant with the price once again testing the key resistance at 81.60, which defines the […]
Before moving to an analysis of the price action in today’s trading session for the eurodollar, which has so far seen the pair move sharply […]
The eurodollar continued to trade in a narrow range yesterday, ending the session with a narrow spread up bar before closing at 1.3388, as […]
The recent sell off in cable continues unabated with the pair now breaking below the 1.5550 price point and indeed at the time of writing […]
Today’s dramatic fall in the eurodollar appears to have been triggered by weaker than expected economic data from the eurozone which confirmed that the economy […]
Ever since Mario Draghi pledged last year that the ECB was ready “to do whatever it takes” to preserve the euro, the single currency has […]
With markets wait for tomorrow’s interest rate decision from the ECB the eurodollar on the daily chart has continued to trade sideways moving between 1.3457 […]
Another extraordinary month for the usdjpy which saw the pair continue to climb higher, ending last Friday’s trading session as a wide spread up candle […]
With last week’s raft of economic releases now just a dim and distant memory the markets are consolidating and moving on as they await the […]
Euro traders can often miss out on some great trades in the cross pairs, and none more so than in the eurgbp which over the […]
Another good at the office for euro bulls as the eurodollar continues to surge higher, moving strongly through the 1.3500 price point to trade at […]
The euro continues to defy its detractors and critics, surging ahead in this morning’s trading session against the US Dollar, the British Pound, the Swiss […]
Following a period of sideways consolidation over the last few days above the 88 price region, the USDJPY now looks set for a further attempt […]
Cable’s recent fall from grace was further accelerated on Friday which saw the pair plunge lower breaking back below the psychological 1.60 price point to […]
The 1.33 price point for the eurodollar now appears to be a formidable barrier, following the three consecutive failures at this level with the most […]
With little fundamental news in Europe today forex traders may wish to focus their attention on the commodity dollars and in particular on the Australian […]
The dollar index continues to trade in a relatively narrow range which has been in place since early September 2012. The floor of this range […]
The key technical level for the aussie dollar on the daily chart remains the 1.0600 level which saw the pair fail at this level on […]
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