EUR/USD Daily Outlook

EUR/USD continues to struggle below 1.5594 resistance and is bounded in tight range today so far. Nevertheless, as mentioned before, further rally is still expected as long as 1.5447 minor support holds. Firm break of 1.5594 resistance will confirm that decline from 1.6019 has completed and a short term low...



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USD/JPY Daily Outlook

USD/JPY's consolidation from 103.52 continues today but still, intraday bias remains mildly on the downside as long as 104.56 minor resistance holds. An intraday top is in place at 105.44 and further fall is in favor towards 102.58 support. As discussed before, bearish divergence condition is seen in 4 hours...



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List of Currencies of the World - Links to Top Resources

As promised in the previous post on this blog - List of Currencies in the World - we have done a search to answer the questions of our blog visitors about getting complete lists of world currencies. (...)



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GFT: Daily Market Commentary

The dollar tanked on Friday and the magnitude of its slide shows that the market was bullish. I think the corrective strength of the dollar is over and its downtrend has just resumed. But some mild bounce may be seen today....



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USD/CAD Mid-Day Outlook

USD/CAD dives further to as low as 0.9898 today on the back of broad based strength in the Canadian Dollar. At this point, intraday bias remains on the downside as long as 0.9962 minor resistance holds. Nevertheless, fall from 1.0326 is still displaying a corrective structure and is treated as...



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USD/JPY Mid-Day Outlook

USD/JPY's recovery and touching of 104.56 minor resistance turn intraday outlook neutral for the moment and argues that price actions from 105.70 is probably just sideway consolidation to the whole rebound from 95.77. On the upside, break of 105.44 resistance will indicate that such rebound has resumed for 108.59 resistance....



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