Key Points

• The New Zealand dollar recently faced sellers near 0.7220 against the US Dollar, and moved down.
• The NZDUSD pair moved down, but found support near 0.7120, and a bullish trend line on the hourly chart.
• Today in New Read More →

Key Points

• The Aussie Dollar after finding support near 85.00 against the Japanese yen traded higher.
• The AUDJPY pair is currently facing resistance near a couple of trend lines at 85.50 and 85.60 on the hourly chart.
• Today in Australia, Read More →

We expect Draghi this week to try to avoid any expectations on further policy changes. The dominant theme in Europe recently has been the acceleration in inflation and real economic activity (Chart of the Day), which ex post seems to Read More →

The US Dollar index slipped to below 101 levels yesterday and is currently trading at 100.64. The Dollar looks as if its taken a pause ahead of Janet Yellen’s monetary policy speech expected later today. The public will be screening Read More →

Key Points

• The Euro managed to gain bids recently against the US Dollar, and moved past 1.0650.
• The EURUSD pair remains supported on the downside near a bullish trend line on the hourly chart at 1.0660.
• Today in the Euro Read More →