Forex Daily Analysis (2016.07.05)

EURUSD broke 1.20 for the first time since December 2014 on Tuesday, as further tensions between the US and North Korea brought in USD Bears, and ECB President Draghi’s recent...

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OPENING THE GATES OF FOREX - You may have asked yourself why you are getting interested in the Forex market, what attracts you that much and why you have decided to start...

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EURUSD looks to Draghi for policy clues - Following Tuesday’s weakening in the US dollar, prices were seen stabilizing yesterday with the markets now waiting for the ECB’s...

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US dollar and EUR/USD - Despite a strong opening yesterday, the US dollar failed to keep the momentum going, giving back some of the gains from earlier in the day. Lack of...

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PMI and EUR/USD - German and Eurozone Manufacturing, Services and Composite PMIs for Aug, will be released at 08:30 and 09:00 GMT+1 on Tue 23rd Aug.Although the German...

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Daily Forex Market - The US dollar index managed to close bullish yesterday, forming an inside bar in the process. A break out from this level could signal further gains or...

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EUR/USD Technical Analysis - The EUR/USD pair initially fell during the course of the session on Thursday, but found enough support to turn around and form a bit of a hammer....

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Big day for the British pound - The Bank of England’s monetary policy meeting today will be the big event as the markets brace for a rate cut. What will determine the price...

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EURUSD maintains sideways pattern - The euro continues to trade flat against the dollar with 4-hour sessions shows prices forming multiple inside bars. Japan is expected to...

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