Monthly archive October, 2016

Key Points

• The Aussie dollar moved below a major support area of 0.7660 earlier during the Asian Read More →

Key Points

• The Euro remained in a downtrend, and traded below the 1.1000 support against the US Read More →

Following the downside break of 1.0950 we believe that EUR/USD has further room to fall near-term.

Technically, we could see a further fall towards the 1.0700-1.0850 area. According to IMM data, the market is short EUR/USD but not in Read More →

The euro hovered near a three-month trough ahead of a European Central Bank meeting later today, while the Mexican peso rose to a six-week high after the conclusion of the final US presidential debate before the November election.

EUR/USD Read More →

Key Points

• The British Pound managed to spike higher to move above the 1.2100 resistance area vs Read More →