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Dow Candlestick Charting Analysis for the EUR/USD

The EUR/USD has two major support lines that will reinforce the bullish trend - 1st support line would be the 1.2872 [The minor Dow Primary Movement][...] read more »
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EUR USD Staggering, Moody Cuts Ireland Rating

EUR USD is staggering at the 1.4500 level and further bearish sentiment is building up; as Moody cuts Ireland rating to just above “junk” status. Ire[...] read more »
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EUR USD Sideway Trading, 4th Day in a Row

The EUR USD has been on a sideway trading trend the last 4 days. The currency pair has been bouncing off between the low 1.4500 level and mid 1.4300 [...] read more »
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USD JPY Aiming to End the Downtrend

The USD JPY has been to hold-off further downtrend beyond the 83.45 low so far. A downside retracement/downtrend to the 78.00 level is a possibility [...] read more »
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UK Inflation Falls, GBP USD Drops below Support Line

The UK inflation (Consumer Price Index) falls to 4.0%, below the 4.4% expectation. The drop in inflation has triggered short/sell orders for the GBP [...] read more »
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USD JPY Confronted by Retracement ?

The USD JPY upside trend has slowed down once it hit the 85.50 high. There are two things to be taken into consideration: (1) the currency pair is be[...] read more »
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Greece, Ireland, and now Portugal - What Awaits the Euro Next ?

The ECB is on its way of providing its third bailout to Portugal. The current Portuguese government have made their desires know and are looking for [...] read more »
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USD JPY Deadlocked at the 85.50 High

USD JPY is currently deadlocked at the 85.50 high, with very little signs of progressing. If the 85.50 high holds further bullish sentiment, than loo[...] read more »
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ECB Hikes Interest Rate to 1.25%, Portugal's Bailout

ECB interest rate hike from 1.00% to 1.25% has done little to the EUR USD currency pair. Today’s announcement was hammered by Portugal’s call for bai[...] read more »
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EUR USD Breaks to New High, Bulls Stacking their Positions Already

EUR USD has broken above the 1.4280 major resistance line before the ECB (European Central Bank) rate hike expected announcement tomorrow ( 1.00% to [...] read more »
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GBP PMI Strong Display, Rallying the Currency Pair

The GBP PMI came out today at 57.1, higher than the forecast and expectations. The GBP USD has so far rallied to the mid 1.6200 level but it is expec[...] read more »
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EUR USD and GBP USD in Sync with USD JPY ... No Way !

The current sentiment for the 3 major currency pairs is bullish, but don’t expect the “sync” to continue without one of the currency pair losing the [...] read more »
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Exclusive Focus on the EUR USD - ECB Expected to Raise Interest Rate !

The currency pair this week started on a downtrend channel along the GBP USD and reached the 1.4020 low. The EUR USD has so far recovered to the 1.42[...] read more »
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USD JPY Extremely Bullish, 84.49 Major Resistance is Next

USD JPY is extremely bullish, it is coming very close of breaking the Dow Medium Swing at the 84.49 resistance line. Intraday bias will change to the[...] read more »
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GBP USD Falls Below 1.6000 level, Positive U.S Payroll

GBP USD fell below the 1.6000 level on a positive U.S payroll outcome. Intraday bias remains on the upside, as long as the currency pair doesn’t sett[...] read more »
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