Euro/dollar fell to a 1 ½-year low last week amid general dollar strength despite struggling higher between Tuesday and Thursday. My model remains short, but only the medium-term bias remains bearish....

The Euro also declined heavily last week against the Japanese Yen but the pair managed to rise back on Friday after hitting the strong support level at 132.06 which provided the pair with huge upside ...

EUR/GBP In the middle of August the EUR/GBP broke through the 0.784 and showed after that a huge rebound with breaking the 0.802 resistance level. A similar movement we can see now. When the market do...

As investors gained their appetite, the Euro was able to incline against the Yen but is finding difficulty to breach the resistance level at 138.26 as it recorded the high for today at 138.34. However...

The GBP/JPY is retesting the 74.6% correction for the long term upside channel at 174.51. We don't advise trading on the pair today as we could see fluctuations in the markets due to fears that have r...

After Monday's dramatic price action, today's euro and pound price action seems placid. However, even with volatility cooling, it is hard to miss the recent breakouts and trend extensions that resulte...

Although the pair continued to decline, we saw the key support for the descending channel at 137.27 was able to halt further losses resulting in a significant rebound to the upside. Momentum indicator...

There is no change to last week's analysis. '5 waves up from the January 2007 low at .6535 suggests that a large corrective decline is underway from .8187. The Fibonacci zone does not begin until .755...

The open to the new trading week has offered the market the kind of volatility many were expecting after the US Congressional vote last Friday. However, the vote certainly hasn't instilled confidence ...

We have completely underestimated the need for US banks and funds to repatriate all forms of non-dollar holdings to shore up creaking edifices at home. Adding to the woe is the realisation of Eurozone...

After breaking the 38.2% correction for the long term ascending channel at 142.73, the pair returned to the trade within a downside channel pressured by the bearish movements as we see unwinding of ca...

The Euro also fell against the Japanese Yen with the pair seemingly heading towards the 38.2% correctional level at 138.99 for the long term upside wave which ended back in July, the momentum indicato...

The Euro continued to fall against the Japanese Yen as the pair continued to trade below the 23.6% correctional level at 150.80, the momentum indicators are showing the pair is being traded among an o...

The pair is consolidating within narrow ranges between the 149.03 support and the 150.59 resistance level. The Relative strength indicator on the four hour chart is showing the need for an upside corr...

We maintain that 5 waves up from 1.5326 indicate that the longer term trend has turned up. The decline from 1.6376 has now tested the 61.8% of 1.5326-1.6376. If the larger bullish bias is correct, the...

The euro and pound pairs are building momentum; but most of the crosses are already well on their way (and present unattractive risk/reward) or there is little fundamental impetus to keep the market m...

The Euro also fell heavily against the Japanese Yen as the pair was able to breach the 151.56 support level but the downside movement stopped at the 148.83 level which provided the pair with some stre...

Euro/dollar hit a five-week high last Monday before returning most of the gains. It's basically stuck and needs more information before the next move. My model remains long, but the bias is down. Imm...

A 'spike high' last week after the massive 'spike low' two weeks ago suggest this market is looking for direction in increasingly stressed conditions. Over the next month or so we still favour several...

Starting the week with a decline, the pair is now being oversold on the intraday charts according to momentum indicators suggesting the possibility of an upside correction yet the ADX indicator is sti...

Momentum indicators were able to adjust from an overbought area to result in downside movements as the pair once again failed to breach the 38.2% correction for the downside channel at 155.60. Yet on ...

The GBP/JPY pair is still trading within the same levels as we see contradictions in technical indicators as the Stochastic indicator shows the pair being overbought on the daily charts and in need of...

In last week's release the question was asked: is the US dollar bull trend over? The expectation was that we would see confirmation over the following weeks in the form of a broader decline, following...

It seems like the breach of the 38.2% correction at 155.60 was a false breakout as the pair reversed movements to end trading yesterday below that level. As we see now the EUR/JPY pair is currently re...

Across the market, the euro has been strong on both daily and monthly time frames. However, the currency is scaling dangerous heights considering the volatility in the financial markets and the potent...

The EUR/JPY pair was able to breach the 38.2% correction at 155.60 for the medium term downside channel that started on 28-7-2008 and ended on 18-9-2008, where all we need now is a confirmation of the...

After finding support near 0.7848 (21.4% Fib level of 0.7755-0.8195), the EURGBP has bounced higher to hit an intraday high of 0.7979, but has lost momentum and may move back to the downside. The pair...

The Euro crosses have rolled over and appear headed lower for at least the next few weeks. EURGBP: 5 waves up from the January 2007 low at .6535 and daily RSI rolling over from above 70 suggest that a...

Euro/dollar reversed aggressive losses to close higher last week after coining a near 2 ½-year low the week before. My model is long on profit taking and more sustained recovery should be under way, a...

Heavy fluctuations might be seen in the markets as momentum indicators are contradicting one another on different time frames yet it seems like the pair is more pressured to the downside. The pair is ...

Trading for today on the pair might witness slight volatility as we see momentum indicators adjusting on the daily and weekly charts yet trading within an overbought area on the four hour charts. Howe...

In the last weeks the EUR/GBP lost all the profits from the end of August but now we have three indicators which might show a turn. The first is the support at 0.7840 which was established in July. Th...

The EUR/JPY pair was able to recover yesterday's losses as it inclined today yet trading remains within a consolidation area between 147.70s – 151.60s. Momentum indicators and directions indicators sh...

AUD is reaching the long term upward channel at 0,7700. 2007 lows were formed slightly below these levels. The area of 0,7700 or a slightly lower is capable of holding the decline, and lead euro towar...

EURGBP 5 waves up from the January 2007 low at .6535 and daily RSI rolling over from above 70 suggest that a large corrective decline is underway from .8187. The Fibonacci zone does not begin until .7...

The EUR/JPY pair is still trading below the 23.6% correction at 152.72 for the long term ascending channel making it our initial upside target. Momentum indicators are gradually adjusting as we see on...

Is the dollar bullish trend over? This certainly has become a more pertinent question of late and as the Swiss franc tentatively joins the yen in pressuring the dollar, the potential for a broader dol...

Price on the key EUR/GBP cross (a daily chart of which is shown) has just made a pronounced bounce almost precisely off the significant uptrend support line that has been in place for at least a year ...

With volatility picking up for the US dollar and carry trade, the momentum behind the euro and pound seems to be modest in comparison. With technicals being pushed and fundamentals in flux, there are ...

The Euro versus the Yen was pressured heavily to the downside due to carry trading transactions and the market gap that was recovered seen in the EUR/USD pair. The pair seems to be losing the bearish ...

A massive 'spike low' and 'doji-type' candle against retracement support. It should signal the end of the Euro's collapse of the last nine weeks and the start of renewed US dollar weakness. Rising ope...

Euro/dollar recovered part of last week's losses after sinking to a near 2 ½-year low, and my model is long on profit taking. A more sustained recovery should be under way. Above 1.4480, resistance is...

The EURGBP has moved lower to hold below 0.8100 over the past few days, and should continue its move to the downside. After hitting an intraday high of 0.8006, the pair has retraced back to trade with...

Trading remains below the 23.6% correction for the long term ascending channel that started on 27-5-2001 and ended on 15-7-2007 yet with the direction indicators supporting the pair to the upside, we ...

Not much has changed since yesterday as trading remains of high volatility within the same ranges. The EUR/JPY pair is still trading below the 100% correction for the medium term wave that started on ...

As the EUR/JPY pair confirmed the close below the 100% correction for the medium term upside wave that lasted from 20-3-2008 till 23-7-2008, this added more downside pressures on the pair taking the n...

After EUR/GBP (a daily chart of which is shown) managed to reach a very long-term high last week at around 0.8185, price has corrected all the way back down to the top border of the rough triangle for...

The EUR/GBP pair confirmed the close below the 38.2% Fibonacci correction for the medium term upside channel and remains traded within the ranges between the previously mentioned level at 0.8036 and t...

EURGBP looks to be making an abc correction of the August 2007-July 2008 rally. Price and pattern in the smaller timeframe indicate that price should move lower over the next few hours or day to compl...

The EUR/GBP pair was able to close below the 38.2% correction for the medium upside channel that started on August 11, 2008 to return and trade within the sideways trend it was trapped in from March –...