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EUR/USD fluctuated today as the global economy showed both good and bad signs, leaving traders unsure how to react. US durable goods orders turned out to be much better than expected last month putting pressure on the currency pair.

Durable goods orders rose 4.0% in July, almost two …

EUR/USD rallied today after the report showed a better than expected value for manufacturing growth in the Eurozone. (Event A on the chart.) The currency pair started to fall by 9:30 GMT, but currently attempts to resume rally as the US manufacturing declined even more than was predicted.

New home sales were at a seasonally adjusted …

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EUR/USD tumbled today as inflation in the US accelerates, while concerns about the debt problems in Europe persist. US leading indicators also rose. Yet there were plenty of bad news for the United States. Jobless claims rose and existing home sales fell. Manufacturing was particularly bad, as manufacturing index of Philadelphia …

EUR/USD managed to jump today even after yesterday European leaders failed to reach agreement about measures to battle the debt crisis. The rally wasn’t caused by news from the US as there was not much US economic data today and what the released data was positive for the US anyway.

PPI rose …

EUR/USD went lower today after the reports signaled that Europe’s economy continues to experience slowdown. The data from the US also showed some negative results. Housing starts and building permits decline last month. Export prices were also down. On the other hand, import prices increased, while industrial …

There are many Forex indicators available to the traders nowadays. It’s pretty impossible to know how they all work, but there are also the indicators that are usually called “standard”, which are often included into various trading platforms (like MetaTrader or Web Trader). These standard …

This day was rather unfavorable for the US dollar as fundamental reports were far worse than was expected. EUR/US jumped as a result. Market analysts promised that US manufacturing would expand and purchases of US long-term securities would increase. Today’s reports proved such optimistic forecasts to be completely …

An interesting specimen of the descending triangle pattern can be seen on the EUR/NZD H4 chart. With its top peak at 1.7769 on August 9, the pattern spans from August 8 till August 12. The bottom of the triangle is formed near 1.7080 rate. There are only few H4 bars left …

An almost flawless symmetrical triangles pattern has formed on the USD/CAD H4 chart. The current price is quite close to the pattern’s apex, signaling a prompt breakout. The previous trend is clearly bullish, hinting that the bullish breakout should be expected. In case of a bearish breakout, the pattern may not sustain itself. …