Daily Technical Analysis

Yesterday the EURUSD made indecisive movement by opened and closed at almost the same price (1.5585 and 1.5577). It seems like the bearish momentum is limited right now, but the Greenback seems to remain positive in days ahead. My model is mixed with neutral bias. Immediate support is seen at...



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Asia Session Recap

The US Dollar remained little changed and in very tight ranges ahead of what is a grand finale to the week with US GDP on Thursday and NFP on Friday. The latter data may have far reaching implications as the Fed will be closely watching in order to gauge the...



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Buy the Strongest, Sell the Weakest

One of the best technical tools we can use in our analysis is the status other currency pairs. If you are of the opinion that because of fundamental reasons the US Dollar will weaken, your next step would be to find the currency pair that gives you the best chance...



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