Price action on USD/CAD (a daily chart of which is shown) as of Friday (7/30/2010) has once again hit the bottom of a large triangle consolidation pattern after having traded just below key 1.0400 resistance for the entire week. This... (Continue reading)
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FXstreet.com (Barcelona) - European equities traded lower on Friday, tracking the fading optimism...
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It has been three years since the Bank of International Settlements’ last report on foreign exchange was released. Since then, analysts could only speculate about how the forex market has evolved and changed. The wait is now over, thanks to a... (Continue reading)
FXstreet.com (Barcelona) - The Asian equities market is tracking losses over Wall Street Friday,... For more information, read our latest forex news. ... (Continue reading)
FXstreet.com (Barcelona) - The Canadian dollar has been pressured lower against the yen Thursday,...
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FXstreet.com (Barcelona) - The Canadian dollar has been pressured lower against the yen Thursday,...
For more information, read our latest forex news.
EURO The euro appreciated vis-à-vis the U.S. dollar today as the single currency tested offers around the US$ 1.3105 level and was supported around the $1.2975 level. The common currency traded above the $1.3100 figure today for the first time... (Continue reading)
Price action has managed to trade above our 50 day simple moving average over the past week. Today's breakout confirms our bullish bias and has paved the way for a potential rally towards 1.3687. If this resistance level does not... (Continue reading)
Forex traders, join the daily All Things Forex broadcast- a live one hour program covering Forex and major economic events, trend developments, research, analysis, ideas, education, live traders forum, interviews with some of the most respected names in the trading... (Continue reading)