Saxo bank is looking to enjoy its award from the “Profit and Loss” magazine for having the best re…

The GBPUSD is down testing Fibo support and the 200 hour simple moving average. The pair has been…

Here is a list of the Top 10 spotlight economic events that every currency trader should pay…

USD/CHF 60 minute chart

The GBP/USD pair has been declining since Friday after nearing the 1.55 level. This was an anticipated area of resistance, having a confluence of 200SMA in the daily, as well as 50% retracement and a previous powerline. However, the mode of the pair is no longer bearish, and is probably

The GBP/USD pair has been declining since Friday after nearing the 1.55 level. This was an anticipated area of resistance, having a confluence of 200SMA in the daily, as well as 50% retracement and a previous powerline. However, the mode of the pair is no longer bearish, and is probably

The euro rose slightly against the dollar on Monday as investors anticipated that stress tests of European banks would allay fears about the region’s banking sector. The euro managed to hold on to its marginal gain despite a downgrade of Ireland’s credit rating Monday and the breakdown in funding talks

Although dollar’s intra-day anticipated rebound from 1.0446 suggests the rise from 1.0400 temporary low has possibly resumed, break of said resistance at 1.0543-48 is needed to confirm and bring stronger retracement of recent decline to 1.0570/75 (61.8% Fibonacci retracement of 1.0676 to 1.0400) and possibly towards resistance at 1.0618 but

The dollar recovered from earlier losses against the euro Monday amid modest investor optimism…

July 19 (Bloomberg) — Builders in the U.S. turned more pessimistic in July than forecast, a sign…