AUDUSD may be forming a cycle bottom at 0.9537 level on 4-hour chart. Range trading between 0.9537 and 0.9700 would…
The European common currency today has rebounded after a sharp decline to begin the week in the forex markets. The…
Gold has been consolidating other than a spike to an intermediate wave 3 top of $1424, for about 7 weeks…
Classic economics says that the key to economic growth is capital accumulation and production. A fact that holds true for…
U.S. employment data released today in the form of the ADP National Employment Report showed that U.S. private employment increased…
By Natalie R. - Following a strong bearish streak versus the USD over the past week, the DKK has begun…
Safe-haven currencies remained supported in Asia Wednesday on escalating concerns over Eurozone sovereign risk, but the dollar failed to make…
Possible Turn Back for the USDJPY After brewing into the bearish trend channel for the past few days, the USDJPY…
In the last 24 hours there has been a perceptible shift in what the markets expect from EU officials. Last…
The euro rallied today versus the dollar and yen as selling pressure on the common currency eased as speculation rose…