Trendline Support Holding for the USD Index
Trendline Support Holding for the USD Index
The USD Index (USDX) pushed to a new high on the year this week at 86.21. It has since consolidated. As we get into the 10/1 US session, it is ...
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CAD/JPY Maintains Bullish Bias; Awaiting Breakout
CAD/JPY Maintains Bullish Bias; Awaiting Breakout
CAD/JPY fell yesterday after the soft Canadian GDP data which showed essentially no growth in July. In the 4H chart, we can see that this decline was ... Continue reading
EUR/USD Technical Analysis – How Low Can it Go?
EUR/USD Technical Analysis – How Low Can it Go?
[caption id="attachment_45978" align="aligncenter" width="525"] EUR/USD[/caption] (Figure): Daily chart for EUR/USD EUR/USD has continued its ... Continue reading

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Technical Outlook

Gold prices dipped in early morning Asian session on the back of profit taking after seeing solid gains in the overnight US trading of a weak dollar and geopolitical tensions across Syria and Iraq. After being in a strong uptrend o...
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Stock Picks

On Tuesday, US stocks were lower after pulling back from the futures’ gains while the dollar gained. The US dollar index gained 0.5% against the basket of currencies, up for the sixth time in the last eight sessions of its hig...
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Technical Analysis

Tomorrow (10/2) the ECB will conclude its monetary policy meeting, release an official statement and follow up with a press conference with bank prez, Mario Draghi. Let's take a look at the EUR/USD and EUR/GBP ahead of this key event ...
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Bitcoin News

ForexMinute.com – After falling aggressively last week, most of the top coins improved immensely in last 24 hours, including Litecoin, Bitcoin, BitSharesX, Dogecoin, NXT, and others. Whilst, Darkcoin dropped notably within the sa...
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