USDCAD is forming a cycle bottom at 1.0061 level on daily chart. Range trading between 1.0061 and 1.0370 would more likely be seen in a couple of weeks. However, the bounce from 1.0061 is treated as consolidation of downtrend from 1.0779, o...Read More>>

USDCHF stays above the rising trend line from 0.9917 to 1.0132 and remains in uptrend from 0.9917. As long as the trend line support holds, another rise towards 1.1000 is possible. Key support is now at 1.0506, a breakdown below this level...Read More>>

USD / JPY 90.54 Low 89.14 Open 89.63 Close 89.67 highest U.S. dollar / yen rose to 90.54 at the top, from where the main movement continued to decline to 89.39, to close at 89.67 a day. Further, down-channel, its shape and composition of th...Read More>>

Fundamental analysis: U.S. durable goods orders Traders expect the core durable goods orders will be held tomorrow (January 28 published). It is used to measure the total value of new orders for durable goods excluding transportation change...Read More>>

The UK economy is finally out of the economic recession in the recovery of gross domestic product growth of 0.1%. Bernanke's re-election seems certain, as 13 Republican senators said they would vote for him, and only six Democrats has refus...Read More>>

USD/JPY Open 89.99 High 91.87 Low 89.78 Close 89.78 Dollar/Yen climbed on Friday to the 90.51 top, from where it started retreating down to the 89.84 bottom, closing the week at 89.78. This morning the Dollar rose, influenced by the possibl...Read More>>

Traders look forward to the publication of the German Information and Foschung (Ifo) Business Climate Index tomorrow (January 26). The index determines the business sentiment and conditions in the Euro-zone. The reading is concluded from a...Read More>>

The Swiss National Bank president Philipp Hildebrand repeated on Friday that they will prevent any excessive appreciation of the Swiss franc. There are rumors that Bernankes reelection on Tuesday is in jeopardy. Dow Jones and SP500 have bro...Read More>>

USD / JPY 91.87 Low 89.78 Open 90.38 Close 90.39 highest USD / JPY rose to the top of the 91.87 Thursday, and from there made a substantial down to 89.78 at the bottom, as the U.S. president Barack Obama to the financial institutions indust...Read More>>

GBP / USD Open 1.6197 High 1.6392 Low 1.6200 Close 1.6195 GBP / USD fell Thursday, in line with market expectations, from 1.6312 down to 1.6125 below the day to close at 1.6195. This morning, however, almost all of the cable recovery from y...Read More>>