The euro continued to edge higher versus the US dollar, but major resistance at 1.3750 is blocking the pair’s way higher. Economic data out of the Euro-zone...
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- Euro Ends Day Just Below Key Resistance - Will Euro-zone Retail Sales Weigh on Friday? - British Pound Surges Following Bank of England's Rate Cut -...
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Short term weakness is expected but the larger trend for the British Pound crosses has likely turned. There is strong evidence that significant bottoms...
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Consumer credit continues to trend lower
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The German economy collapsed last quarter. total industrial orders plunged 57.6% at a seasonally adjusted annualized rate (saar) in the three months between August and November. Domestic demand for capital goods, a leading indicator for business inv
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U.S. equity markets were declining on Thursday after a slew of profit warnings from retailers and after President-elect Obama's speech on the economy failed to ignite much positive sentiment. Wal-Mart slashed its fourth-quarter earnings forecast as
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EURUSD – Euro Likely to Rally vs US Dollar on Clear Shift in Forex Sentiment USDJPY – US Dollar Forecast to Lose Further Against Japanese Yen GBPUSD –...
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The 12/19 low at 1.3824 serves as potential resistance for the EURUSD. Today's high is at 1.38 and the pair has sold off over 100 pips since. On the 60...
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US initial jobless claims fell by 24,000 during the week ending January 3 to 467,000, but as we mentioned last week, employment reports for the last two...
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-EUR/USD resistance below 1.40, rally likely fails -GBP/USD into short term top, support begins below 1.50 -AUD/USD struggling at key resistance
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