Latest Forex Research

Daily Technical Report

EUR/USD’s bounce has thus far beenunimpressive.

EURUSD: The market is meandering higher in what seems an unfinished correction higher.

Today’s most interesting event are the minutes from the FOMC meeting on 29October,

Stocks on both sides of the Atlantic register modest gains and a rebound in the Nikkei after Shinzo Abe

Gains continued for gold Tuesday with the close above the 21-DMA ($1186.7) and

Bulls took a little comfort in the bounce from fresh 2014 and 4 year lows and

Despite a slight gain in the headline CPI number to 1.3%, GBP/USD remained in narrow European range trade on Tuesday.

After repeatedly bouncing from support noted just below the 21-DMA Stoxx50 is again testing

The pair traded at $0.8723 heading into the NY close after it had marked a $0.8682 to $0.8746 range through the day.

EUR/USD continues to find support on dips ahead of 2014 lows and resistance ahead of the $1.2584 level.

The pair started this morning at $1.2536 after a $1.2510 to $1.2545 range during the US hours last night.

The pair opened at Y116.86 this morning in Asia and tested Y117.00 in early dealings before backing away.