The dollar fell the most in more than a week as minutes from the Federal Reserve’s last meeting failed to provide additional insight on the pace of interest-rate increases ... Read More
The European Union (EU) is set to ink new Association Agreements with Georgia, Moldova and Ukraine that will eventually eliminate tariff barriers to trade. The EU will sign the ... Read More
Pair’s Outlook Even though the support at 1.6782/76 was deemed to be strong and most of the technical indicators were bullish, the Pound took a major hit yesterday. The ... Read More
Pair’s Outlook The selling pressure is likely to somewhat subside, considering that the currency pair is approaching a potentially tough support at 1.3582, consisting of the monthly S2 and ... Read More
Pair’s Outlook USD/JPY managed to close above the 200-day SMA, and this is a good bullish signal. However, there are still a number of tough resistances lying overhead that ... Read More
Pair’s Outlook As it turned out, the 200-day SMA was not able to keep the bulls at bay for long and eventually gave in. Now, being well-supported at 0.8946/42, ... Read More
Pair’s Outlook Last week’s attempt to re-test the 2009 highs at 1.70 did not succeed, and GBP/USD declined. Still, the key support, namely the monthly PP, 55-day SMA and ... Read More
Pair’s Outlook Regardless of the majority of the monthly technical indicators pointing upwards at the moment, the Euro is more likely to depreciate than to gain value. The immediate ... Read More
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