- Euro Remains Under Pressure, British Pound Relatively Resilient – New Zealand Dollar, Australian Dollar Hit Hard By Carry Trade Reversal – Japanese Yen…
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-EURGBP drops below support line -EURCHF towards 1.49 -EURCAD drops below support line -EURAUD and EURNZD may be bottoming
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The NZDUSD is testing a line drawn off of the April 1st and April 8th lows. A drop below there opens up the door for an acceleration of the decline that…
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The currency market is still lacking a course on general risk appetite. This has recently led to a retracement of those moves tied to a rally in sentiment…
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Student’s Question: It seems to me that I can draw two lines of support. Am I correct?
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The CHF has been showing some strength especially when paired with the JPY.
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U.S. retail sales are expected to have risen 0.3% in March despite mounting job losses. Although it is a modest gain, it would be only the second positive…
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The US Dollar may see selling pressure in European hours as stock exchanges open for the first time since last week and investors price in Japan’s third…
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