EUR/GBP Technical Analysis: January Losses May Be Trimmed Next
A bullish reversal pattern threatens to erase the downside progress EUR/GBP made. Resistance is eyed at 0.87637 while a rising support line may stop attempts to resume declines.
A bullish reversal pattern threatens to erase the downside progress EUR/GBP made. Resistance is eyed at 0.87637 while a rising support line may stop attempts to resume declines.
The New Zealand Dollar looks set to extend a Fed-inspired advance to challenge December’s swing top, with a break opening the door for a rise above the 0.70 figure.
The FTSE has been generally undergoing see-saw price action, can a higher low forge into a higher high or will resistance keep a lid on further upside?
After a strong week for the Australian Dollar, it may add gains versus the US Dollar and the Japanese Yen as the Canadian Dollar holds its ground. I cover AUD/USD, AUD/JPY and AUD/CAD.
The Dollar has found its feet, holding steady-to-firmer against the other main currencies so far today after dropping sharply during the prior 24 hours in the wake of the Fed’s dovish turn. EUR-USD has lodged in the low-to-mid 1.1400s, below its post-Fed high at 1.1514, while USD-JPY has parked in the upper 109.0s, comfortably above […]
The Dollar has traded mixed into the release of the January U.S. jobs report, losing modest ground to the Euro while holding near net unchanged against the Yen and gaining on the Pound, which took a hit on weak UK data, and the Australian and Canadian Dollars. Risk appetite has been cautious, with most stock […]
OVERVIEW The US Dollar Index reversed yesterday’s gains with a mixed jobs report. British Pound comes under selling pressure over poor manufacturing PMI NYMEX WTI Crude goes higher, trading near 9-week high, $54.30 a barrel
The Dollar rallied on the back of better than expected jobs, ISM, amd U. Michigan sentiment in N.Y. on Friday. The DXY bounced to 95.63 from lows of 95.40. Wall Street was mixed after a week of solid gains, while Treasury yields edged up on the data as well. EUR-USD ranged between 1.1458 and 1.1488, […]
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