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Amongst my musings about trading and market psychology I occasionally comment on some aspect of the market or a particular market. One of my favourites markets, which I have commented on a couple of...
EUR/USD - European SessionThe pair remained in a narrow range yesterday, and stabilized around 38.2% correction at 1.3115 as shown on graph. Stability below this level might push the pair towards the...
EUR/USD has started the week quietly, in sharp contrast to the volatility we saw last week. In Tuesday’s European session, the pair is trading in the low-1.31 range. Taking a look at economic...
US yields below 2.50% sending USD/JPY through 97.00PBOC tries to ease market concerns helping risk assets reboundNikkei -0.72% Europe 1.40%Oil $96/bblGold $1286/oz.Europe and Asia:JPY Small Business...
Following the major moves over the last week, we have seen this week start with some sharp moves, but without any clear direction in many markets. Sterling started and ended the day around the 1.54...
EUR/USDThe euro hit session highs on Monday, rallying from nearly three week lows. It rose as high as $1.3145, recovering from lows of $1.3055, its weakest level since June 5. It was last at $1.3140,...
The U.S. Dollar advanced against most of its peers in anticipation of today’s economic reports on House Prices and Durable Goods Orders which are both expected to show improvement and therefore...
Rupee’s attempt to stabilise over the first half of the week was completely squashed as it was subjected to renewed selling pressure over the second half and it dipped to fresh record lows near...
Dollar Rally Eases as US Stocks Take Another Spill after Fed ChatterThe US dollar slipped for the first time in six trading days – breaking pace on a bull run that matched the strongest advance...
The USD/JPY has been trading higher since Wednesday's FOMC statement. The pair broke above the upper trend-line of Elliott Wave channel, so we think five waves down in wave A)/1) is complete, and that...