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AUDUSD: With a break of its key resistance located at the 0.9221 level seen, a return to its 2009 high at 0.9404 is now expected. Though it has to conquer its April 21'10 high at 0.933 ...

The EUR/JPY chart in the 4H time-frame shows near-term correction mode. The market is in a second rally swing after declining from 109.50. If the 2nd swing is a 100% of the first, the ...

The EUR/GBP pair could not break below 0.8200. That was the central pivot of the previous triangle pattern. The inability shows the market is not bearish is still remains ranging in th ...

The USD/CHF shows a bullish divergence with the RSI, and the market has since rallied from 1.0060 to 1.0160. The market then tested the 50-period simple moving average and failed to br ...

Cable dipped to touch a low of 1.5376 in the European session today. The pair may see some more downmove towards the strong Support region of 1.5350-300 in the coming sessions over tod ...

This morning, the Bank of England announced to the surprise of noone that they will keep their key interest rate at 0.50% and that their will be no change in Monetary policy. England d ...

As highlighted in our Wednesday analysis, while GBP holds below the 1.5701 level, its Aug 16'10 high, it continues to face bear threats nearer term. In such a case, the 1.5295 level, i ...

Euro was starting to stabilize after the 1.2657 lows that were reached yesterday. However, an upward bounce is still only a corrective, so even lower levels should be seen; its just a ...

On Wednesday Dollar/Yen increased, recovering partly for the losses earlier in the week, in converse with the very negative Interbank sentiment at nearly -78%. The currency couple appr ...

The Aussie is surging past previous August highs after Australia’s employment change figure topped 30k and the unemployment rate dipped to 5.1%. Australia’s economy continues ...

The USD/JPY is continuing its gradual decline after previous September lows gave way. Noda ratcheted up the rhetoric yesterday and implied that the possibility of intervention has incr ...

The Cable is outperforming the EUR/USD after UK topped analyst expectations by registering growth of 0.2%. Additionally, manufacturing production came in line with analyst expectations ...

The EUR/USD is stumbling lower today as the currency pair tests previous September lows after an ECB economist stated that German banks will need more funding. That’s the second c ...

EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are descending, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.3 ...

EUR/GBP Longer term bias switched to bearish now that the cross has breached key support in 0.8400 area.  Intraday: testing 0.8200 and holding above it makes us think that a rebound ...

The GBP climbed to the highest level against the EUR since the last week. In the U.K. house prices unexpectedly rose and manufacturing grew the third month in a row. In July the U.K. o ...

EURUSD Yesterday's failure to sustain break below trendline support at 1.2672, with 1.2658 low reached, triggered a correction higher to leave a lower top at 1.2762, ahead of fresh wea ...

EURO: Euro gained yesterday against the USD following a strong bond auction in Portugal & Ireland's decision to split Anglo Irish Bank into a funding bank and an asset recovery bank. I ...

On Wednesday Pound/Dollar continued increasing, in line with the positive Interbank sentiment at around +5%. The Cable appreciated from 1.5344 to 1.5527 yesterday, closing the day at 1 ...

SMA 50 was able to halt the pair's upside movement yesterday, where it managed to achieve a daily closing below the pivotal levels of 1.2775. This maintains the suggested bearish direc ...