Monthly archive March, 2017

Key Points

• The Euro moved down this week against the British Pound and traded as low as 0.8605.
• The EURGBP pair is currently recovering, but likely to face sellers near 0.8640 and a broken support trend line on the hourly Read More →

Key Points

• The Euro moved higher and settled above the 1.4100 resistance against the Aussie dollar.
• There is a nice connecting bullish trend line with support at 1.4100 formed on the hourly chart of EURAUD.
• Today in the Euro Zone, Read More →

Key Points

• The British Pound bounced and traded above the 1.2400 resistance against the Swiss Franc.
• There was a break above a bearish trend line with resistance at 1.2390 on the hourly chart of GBPCHF.
• Today, the UK’s Retail Sales Read More →

US Dollar is nursing its wounds after hitting lows last seen in early February. So far the US Dollar Index managed to distance itself from the lows of 99.55 seen yesterday but remains vulnerable as we still see some USD Read More →