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News and Reports

EUR/USD Looking for Triangle an ...

FXTimes | Feb 22 12 18:23 GMT

After bouncing up from 1.32, instead of rallying to 1.33-1.3320 resistance area, the EUR/USD traded into a congestion triangle seen in the 1H chart. ...

USD/JPY Climbs Above 80; Target ...

FXTimes | Feb 22 12 13:24 GMT

There is a break above the 80 handle and the USD/JPY continues to rally sharply since bouncing off 76.00. The daily chart shows a very bullish market ...

EUR/GBP Pushes Above Key Resist ...

FXTimes | Feb 22 12 12:41 GMT

For the EUR/GBP, the 0.84 handle represents a key resistance for price action since mid Dec 2011. The 2/22 European market pushed the pair above this ...

GBP/USD Falls Back to Consolida ...

FXTimes | Feb 22 12 12:38 GMT

After a counter-trend breakout signaling possible bullish continuation, the GBP/USD failed to reach the Feb. high near 1.5925. Instead, it topped off ...

FX Thoughts for the Day

Kshitij Consultancy Services | Feb 22 12 12:35 GMT

Cable has dropped sharply breaking below its Support at 1.5750 and is now trading just above 1.5700. Immediate Support is seen at 1.5691 (100-DMA) wh ...

Forex Technical Analysis

DeltaStock Inc. | Feb 22 12 11:06 GMT

Still in the minor aside pattern below 1.3295 peaks and my outlook continues to be bullish while trading takes place above 1.3170 support, for a brea ...

USD/JPY Renews Uptrend Above 80 ...

ZIFX.com | Feb 22 12 10:46 GMT

On Tuesday Dollar/Yen increased insignificantly with 30 pips. The currency couple appreciated from 79.55 to 79.87 yesterday, not matching the very ne ...

EURUSD - Hesitating With Upside ...

FXTechstrategy | Feb 22 12 09:15 GMT

EURUSD - Although hesitating, EUR remains biased to the upside with eyes on the 1.3322 level traded on Feb 09’2012. A break of here will aim at the ...

Morning Forex Technical

Dukascopy Swiss FX Group | Feb 22 12 09:05 GMT

EUR/USD is anticipated to overcome an initial resistance at 1.3235/50 and then fail at 1.3300/22. Afterwards it is expected to slide down to 1.2974. ...

GBP/USD Unstable And Volnurable ...

ZIFX.com | Feb 22 12 08:57 GMT

On Tuesday Pound/Dollar continued decreasing with 90 pips. The Cable depreciated from 1.5865 to 1.5771 yesterday, in converse with the positive Inter ...

The UK, QE and the Pound

Forex.com | Feb 22 12 17:15 GMT

The Bank of England minutes from the February meeting were released on Wednesday and surprised the market because two members of the Committee (noted ...

U.S. January Existing Home Sale ...

RBC Financial Group | Feb 22 12 16:42 GMT

Existing home sales in the US rose 4.3% in January 2012 to 4.57 million annualized units from the downwardly revised 4.38 million seen in December 20 ...

Can it be? Commodity Dollars an ...

Saxo Bank | Feb 22 12 15:35 GMT

Today we have the odd spectacle of the weak commodity currencies and a weak Japanese yen - a spectacle that is unlikely to continue in the near term. ...

GBP/USD & Other GBP Crosses ...

FXTimes | Feb 22 12 15:30 GMT

One of the weakest performers today was the GBP as Bank of England Meeting Minutes revealed that two members voted for a larger expansion of the bond ...

USD Gains amid Global Growth Co ...

Forex.com | Feb 22 12 15:27 GMT

USD is higher against most of the majors with the exception of the NOK as sentiment declines after contractionary PMI readings in China and Europe. C ...

After Greece - Now What?

Forex.com | Feb 22 12 13:32 GMT

The focus today is very much on the growth signals coming out of the currency bloc. After all, now that Greece has been "stabilised" post the second ...

The More Things Change, The Mor ...

Saxo Bank | Feb 22 12 10:43 GMT

The market is little changed from where we were yesterday and the pattern continues. The small exception right now is that stocks are leading currenc ...

After Greece – Now What?

Forex.com | Feb 22 12 10:15 GMT

The focus today is very much on the growth signals coming out of the currency bloc. After all, now that Greece has been 'stabilised' post the second ...

Bank Of England Minutes Show Sp ...

ecPulse.com | Feb 22 12 10:10 GMT

The Bank of England released the Minutes of the Monetary Policy Committee meeting held on 8&9 February 2012, where the MPC voted unanimously to leave ...

Eurozone PMI Back In Contractio ...

Saxo Bank | Feb 22 12 10:07 GMT

The above-50 spell in the Composite PMI for the Eurozone was short-lived as it lasted all of one month, January. This morning's (advance) report for ...