Monthly archive March, 2017

Key Points

• The British Pound recently moved higher and broke the 138.00 level against the Japanese yen.
• The GBPJPY pair also cleared a bearish trend line with resistance at 138.15 on the hourly chart.
• In Japan today, the Securities investment Read More →

The dollar jumped to its highest in over a week versus its major rivals on Wednesday driven by the outlook on U.S. and European interest rates. Forex investors judged the the selloff following U.S. President Donald Trump's botched healthcare vote Read More →

Key Points

• The Euro is struggling to gain momentum against the British Pound and remains below 0.8650.
• The EURGBP pair is well supported on the downside near 0.8625 and a bullish trend line on the hourly chart.
• The Euro Zone Read More →

Key Points

• The Euro after struggling to clear 1.4300 against the Aussie dollar moved down.
• The EURAUD during the downside broke a monster support trend line at 1.4200 on the hourly chart.
• In the Euro Zone today, the Italian Business Read More →