Posts Tagged ‘ pair ’

EUR/USD Goes Down on Signs of Improving Economy in U.S.

EUR/USD currency pair went down today after macroeconomic indicators signaled about improving economic conditions in the U.S. Yesterday’s report about an unexpected surge of new home sales, together with today’s reports, promises a bright future for the U.S. economy, or at least some recovery. Consumers, obviously, hadn’t time to react… [ READ MORE ]

Cable Hits 5 Month High as Risk Rally Rolls On

Risk trade continued to be supported in Asian and early European trade today with both euro and pound making fresh highs, but Aussie was felled by softer inflation data and tumbled below .9000 as expectations of additional RBA rate hikes during the summer evaporated. The euro rose to a high of 1.3043, boosted by better [ READ MORE ]

AUD/NZD Range-Bound from June 1st

The AUD/NZD daily chart shows an interesting situation appearing since June 1st. The currency pair is trading inside the range formed by 0% and 23.6% levels of the Fibonacci retracements drawn for the last bearish trend. The range channel isn’t very strict as there are both upward and downward spikes in it but it’s… [ READ MORE ]

Forex Technical Analysis for Week 07/26—07/30

EUR/USD trend: buy. GBP/USD trend: buy. USD/JPY trend: buy. EUR/JPY trend: buy. GBP/JPY trend: buy. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot … [ READ MORE ]

Dollar Declines on Poor Macro Reports

EUR/USD rose today above the yesterday’s open level as the macroeconomic reports from U.S. showed that the economy is recovering too slowly. Employment, housing and economic reports turned out to be negative today. The currency pair is now trading near 1.2920. Initial jobless claims rose from 427k… [ READ MORE ]

EUR/USD Continues Its Drop on Oil Inventories Report

EUR/USD continued its decline today before and after the release on the oil inventories showed a rather small gain. Traders are also reacting to the yesterday’s news and to the elevated level of risk aversion. The currency pair is currently trading near 1.2818. Crude oil inventories rose by 0.4 million barrels in U.S. during… [ READ MORE ]

Euro Fails to Hold 1.3000

The euro rose to a fresh eight week high of 1.3028 in early European trade, boosted by growing investor enthusiasm over the results of the bank stress test due Friday, but the pair could not hold the highs and fell back below the 1.3000 figure by mid-morning trade as the tug of war around this [ READ MORE ]

Canada Raises Rates, but Tempers Expectations

The 1.30 level in EUR/USD appears to be an interminable barrier for the currency pair. For the second time this [ READ MORE ]

Forex Technical Analysis for Week 07/19—07/23

EUR/USD trend: sell. GBP/USD trend: hold. USD/JPY trend: sell. EUR/JPY trend: sell. GBP/JPY trend: sell. Floor Pivot Points Pair 3rd Sup 2nd Sup 1st Sup Pivot … [ READ MORE ]

EUR: Counting Down To Stress Tests

Currencies and equities may have sold off aggressively but the euro ended the NY trading session virtually unchanged against the U.S. dollar. The currency’s resilience in the face steep losses elsewhere reflects a fear of being caught short and missing the move (China’s comments also didn’t hurt – see JPY). The EUR/USD fell [ READ MORE ]

Get members only access to exclusive insider views and updates of the best Forex Robots at work! It's free to join.
ForexRbot Insider
* indicates required field

Powered by MailChimp