EUR/USD, Technicals Agree with a Old Friend
With the world carrying no news of note for the EUR/USD pair today, we look to the four technicals behind their windows for wisdom.
Euro Retreats off 2-Month Highs on Profit-Taking
Investor profit taking brought the Euro lower against both the Japanese Yen and U.S. Dollar in Asian trading today.
EUR/USD, Uptrend and Forecasts Agree Today
Each technical indicator on the EUR/USD's daily chart is pinned to the top of it's window. Two of the three new hardest hitting news releases for this pair are forecast to hurt the Dollar today.
Pace of the U.S. Economic Recovery Pressures U.S. Dollar in Asian Trading
The U.S. Dollar remained under pressure in Asian trading today following the release of tepid economic data from the United States which is seen by many as evidence that the pace of the economic recovery is slowing.
EUR/USD: How Far Can the Rally Crawl?
Prompted by a successful Spanish Auction, the Euro accelerated its gains.
EUR/USD, Forecasts Foretell of a Fine Future for the USD
The technicals on the three hour chart tell a tale of a tumble downhill long overdue for the the EUR/USD. Three news releases foretell of a fine future for the USD.
Weak China Data helps Yen versus U.S. Dollar and Euro
A decline in regional equity markets coupled with softer than forecast economic data from China raised investor uncertainty over recovering health of the global economies and helped to broadly push up the safe-haven Yen in Asia today.
Rounded Bottom in EUR/AUD
Currently the intermediate term chart of the EUR/AUD cross is in a process of building a rounded bottom. It is not confirmed yet, but so far, it has a classic look.
USD/JPY: Trading the Range
The Japanese Yen has been in range trading for sometime now. Despite it being a tight range, there are plenty of opportunities to capitalize on the movements with low amount of risk.
EUR/USD, 1.2740 to Hold
A ceiling of 1.2740 appeared later in the day on the three hour chart.