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Dollar was losing against the euro during the first half of the trading session today but managed to regain it’s position after some important fundamental reports were released in United States. The negative values in the reports made traders to go for the «safer» dollar. EUR/USD is now …
My own experience suggests that the majority of the traders usually trades on 2 or 3 preferred Forex pairs that usually include EUR/USD, GBP/USD and USD/JPY, while not many go into other major crosses with an extremely low number of traders touching something exotic like USD/BRL or NZD/CHF. In Forex …
Another set of chart patterns — this time for the EUR/JPY and GBP/USD Forex pairs. Only two patterns are presented this time because other interesting patterns are now in that stage when it’s already too late to enter any positions based on them. I hope that you …
EUR/USD trend: sell.
GBP/USD trend: buy.
USD/JPY trend: sell.
EUR/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3520 | 1.3634 | 1.3785 | 1.3898 | 1.4049 | 1.4162 | 1.4313 |
| GBP/USD | 1.5891 | 1.6039 | |||||
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3447 | 1.3625 | 1.3820 | 1.3999 | 1.4194 | 1.4373 | 1.4568 |
| GBP/USD | 1.5133 | 1.5467 | 1.5954 | 1.6288 | 1.6776 | 1.7109 | 1.7597 |
| USD/JPY | 95.61 | 96.35 | 97.38 | 98.12 | 99.15 | 99.89 | |
The U. S. dollar fell against the euro today as the consumer price index report showed a positive revision of the April’s value and also a higher than expected value for May. EUR/USD is now trading near 1.3855.
CPI rose by 0.1% in May in the United States after remaining …
EUR/USD rose today after the yesterday’s deep fall. It’s still trading below the Monday’s open level but managed to recover more than a half of its loss. Good housing statistics from U.S. made Forex traders to bet against the dollar in favor of the high-yielding currencies. EUR/USD is now trading …
The euro fell against the dollar at a fastest pace since late March today as the U.S. fundamental indicators signaled a deepening of the recession. The traders now favor safety over gain. EUR/USD is now trading near 1.3785.
New York Empire State Index declined from -4.5 to …
EUR/USD trend: sell.
GBP/USD trend: sell.
USD/JPY trend: sell.
EUR/JPY trend: sell.
| Floor Pivot Points | |||||||
|---|---|---|---|---|---|---|---|
| Pair | 3rd Sup | 2nd Sup | 1st Sup | Pivot | 1st Res | 2nd Res | 3rd Res |
| EUR/USD | 1.3447 | 1.3625 | 1.3820 | 1.3999 | 1.4194 | 1.4373 | 1.4568 |
| GBP/USD | 1.5133 | 1.5467 | |||||
EUR/USD went up today after the yesterday’s decline as the U.S. fundamental reports showed some optimism for the global economy revival and the traders favored yield more than risk. It’s now trading near 1.4043.
Retail sales were reported with a growth of 0.5% for the month …