The EUR/USD enters a correction territory as profit taking kicks in
The euro recovered slightly from almost one-year low against the US dollar recorded in early Asian trade as the pair reached a large option barrier at the 1.3150 support; the common currency gains are seen as short-term More...
GBP/USD – Weekly Technical Analysis (25.08.2014-29.08.2014)
The selloff in GBP/USD is already in its sixth week, and the charts do not provide any clue of a correction. The slide from 1.7190 has taken place with negligible corrective upswings after which the bears have More...
EUR/USD – Weekly Technical Analysis (25.08.2014-29.08.2014)
The break through the 1.3330 support level, which we were anticipating, occurred last week. The former sent the EUR/USD further south, and it is currently trading at 1.3195. The pair is now expected to continue More...
