Euro 1.3525 Initial support at 1.3500 (Psychological level) followed by 1.3436 (Mar 2 low). Initial resistance is now located at 1.3741 (Mar 18 high) followed by 1.3818 (Mar 18 high)...

USD/JPY was bounded in choppy sideway trading below 91.08 last week and there is no indication that such consolidation is finished. Initial bias remains neutral this week. Nevertheless, note that rise...

Last week, it the USD crosses such as the EUR/USD and GBP/USD were showing signs of reversal after greenback dominance for end of 2009 and most of 2010 so far. However, by week's end, the greenback pr...

Despite intra-day bounce to 90.72, failure to break yesterday’s high at 90.81 suggests further consolidation would take place and cross-buying in yen has increased downside risk for another fall towar...

Intraday bias in USD/JPY remains neutral as it's still bounded in choppy sideway trading below 91.08. As noted before, rise from 88.13 is still expected to continue as long as 89.62 cluster support (5...

The pair continues to struggle and search for a direction but while trading within its established long term falling channel, it retains its medium term downtrend bias. As that continues to shape up, ...

Dollar/Yen is trading hesitantly this week within the small 89.75 - 90.89 range, as seen on the 15 minute chart, in converse with the very negative bank sentiment at around -59%. On Thursday the curre...

EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169....

While the EUR/USD crossed its resistance around the 1.3797 level as shown in the yesterday's report the currency pair rebounded heralded by a long packing Doji close to a bearish trend-line. For the t...

EURUSD Fresh weakness emerged after yesterday's break through 1.3656/39 key support, extending losses to 1.3586 thus far. This opens way for test of 1.3543/29, 10/05 Mar low and possible attempt at 1....

The EURUSD is currently trading at 1.3626 levels. Immediate resistance comes near 1.3800-1.3850 levels. We feel that if Euro is able to hold above 1.3550-1.3600 levels in the next 1 week we might head...

Intraday bias in USD/JPY remains neutral as it's still bounded in choppy sideway trading below 91.08. As noted before, rise from 88.13 is still expected to continue as long as 89.62 cluster support (5...

The ongoing negative pressure has caused the pair's pivotal support to complete forming the bearish technical pattern after breaching its neckline at 1.3635. The fact that, trading is below pivotal su...

Earlier opened and held short positions have had a positive result in attainment of minimal anticipated target. OsMA trend indicator, having marked close parity of both party activity, does not clarif...

EURUSD Comment: Still struggling with recent highs around 1.3800 as the Euro remains everyone's pet hate. Moving averages have crossed to bullish and will hopefully limit the downside. Other currencie...

The euro found some support in the 1.3600 area, but from here the pair is expected to push lower, targeting the 1.3450 area. Greece continues to be a major problem for the Eur, forcing some radical an...

Although the greenback rebounded from 89.75 to 90.81, lack of upside follow through buying suggests further consolidation would take place today, however, as long as said support level holds, bullishn...

EUR/USD Today's support: - 1.3583 and 1.3567(main), where correction is possible. Break would give 1.3542, where correction also may be. Then follows 1.3517. Break of the latter would result in 1.3488...

The EURUSD had a significant bearish momentum yesterday, break below the bullish channel indicating potential bullish failure testing 1.3530 area even 1.3450/30 key support level. The bias is bearish ...

EUR/USD closed lower on Thursday as it extends the trading range of the past six weeks. The low-range close sets the stage for a steady to lower opening on Friday. Stochastics and the RSI remain neutr...

Euro 1.3605 Initial support at 1.3587 (Mar 15 low) followed by 1.3531 (Mar 11 low). Initial resistance is now located at 1.3818 (Feb 9 high) followed by 1.3839 (Feb 4 high)...

Technically speaking, the USD/JPY faces multiple downtrend lines along with intraday, 3/17, and 3/12 highs. Meanwhile, the highly psychological 90 area could continue to have an influence over the USD...

USD/JPY dips to as low as 89.76 earlier today but remains supported above 89.62 cluster support (50% retracement of 88.13 to 91.08 at 89.60). Rise from 88.13 is still expected to continue. Above 91.08...

Despite intra-day fall to 89.75, as dollar has rebounded after holding above support at 89.63, retaining our near term bullishness and as long as this intra-day support holds, gain to minor resistance...

Dollar/Yen is moving with a slight decrease this week as seen on the 15 minute chart, in line with the negative Bank sentiment projection at around -60%. BoJ kept its economy assessment unchanged for ...

EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169....

EURUSD Rally off 1.3639/56, 15/16 Mar low, stalled at 1.3816 yesterday, ahead of reversal. Loss of 1.3656/39 supports opens 1.3620/1.3530, to possibly continue broader downtrend. Only regain of 1.3727...

The EURUSD is currently trading at 1.3726 levels. Immediate resistance comes near 1.3800 levels. If it breaks these resistance levels then we could target further upside till 1.4000 levels. Bias is bu...

The estimated test of key resistance range levels has been confirmed with conditions for implementation of the pre-planned short positions. OsMA trend indicator, having marked preserved parity of both...

The pair continues its negative pressure to attempt to retest resistance for the previously broken descending channel that had recently turned into support at 1.3660. Momentum indicators are entering ...

Intraday bias in USD/JPY remains neutral as choppy sideway trading from 91.08 continues. More consolidations could still be seen but after all, rise from 88.13 is expected to continue as long as 89.62...

EURUSD Comment: Testing the top of a potential 'rounded bottom' but needs a daily (and then weekly) close above here to really get going. Moving averages have crossed to bullish and will hopefully lim...

Although the greenback has retreated again after meeting resistance around 90.72-74, as long as support at 89.63 holds, prospect of another rebound remains and break of said minor resistance would sig...

EUR/USD-market strategy indicates buying levels from the $1.3688 To strengthen our analysis; we use many other indicators, starting with MACD (Moving Averages convergence divergence); we notice the MA...

Euro 1.3720 Initial support at 1.3640 (Mar 15 low) followed by 1.3621 (Mar 11 low). Initial resistance is now located at 1.3839 (Feb 9 high) followed by 1.3903 (Feb 4 high)...

EUR/USD closed lower on Wednesday as it extends the trading range of the past six weeks. The low-range close sets the stage for a steady to lower opening on Thursday. Stochastics and the RSI remain ne...

The EURUSD attempted to push higher yesterday, topped at 1.3817 but closed lower at 1.3734 and keep moving lower around 1.3720 at the time I wrote this comment. While technical bullish view remains in...

Technically speaking, the USD/JPY faces multiple downtrend lines along with intraday, 3/15, and 3/12 highs. Meanwhile, the highly psychological 90 area could continue to have an influence over the USD...

Although dollar’s near term sideways trading is expected to continue, reckon support at 89.97 (yesterday’s low) would contain downside and bring another rise, above resistance at 91.09 would signal th...

Intraday bias in USD/JPY remains neutral as choppy sideway trading from 91.08 continues. More consolidations could still be seen but after all, rise from 88.13 is expected to continue as long as 89.62...

Dollar/Yen is moving within the 90.00 - 90.97 since the end of last week, not in line with the negative Bank sentiment projection at around -65.6%. On Tuesday the currency couple climbed from 90.00 to...

EUR/USD is in a downtrend, after peaking at 1.5146 (Nov.25,2009). Technical indicators are neutral, and trading is situated below the 50- and 200-Day SMA, currently projected at 1.4793 and 1.4169...

The Federal Reserve kept the federal funds rate target for overnight loans between banks near zero and repeated its pledge to keep it there for an 'extended period'. The Fed also said that the emergen...

EURUSD Continues to trend higher off 1.3433, yearly low, posted on 02 Mar. The latest upleg from 1.3639/56 higher lows, now attempting through 1.3798, range ceiling, with clear break there to expose 1...

The EURUSD is currently trading at 1.3780 levels. Immediate resistance comes near 1.3800 levels. If it breaks these resistance levels then we could target further upside till 1.4000 levels. Bias is ne...

The earlier opened and held short positions have had a positive result in overlap of minimal and basic anticipated target. OsMA trend indicator, having marked close parity of both party activity, does...

The pair continued it's upwards pressure forming a bullish technical pattern with a neckline at 1.3775. Momentum indicators are showing overbought signs that could cause some fluctuation before resumi...

USD/JPY continues to engage in choppy sideway trading below 91.08 and intraday bias remains neutral for the moment. More consolidations could still be seen but after all, rise from 88.13 is expected t...

EURUSD Comment: Testing the top of a potential 'rounded bottom' as we break 'channel' resistance by moving sideways across the page. Moving averages have crossed to bullish and economists favour US do...

As the greenback has rebounded after finding renewed buying interest above yesterday's low at 89.97, suggesting the pullback from 91.09 has ended there and consolidation with upside bias is seen, brea...