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EUR/USD Increase Maintained

EUR/USD broke resistance at 1.2356 (24/01/2018 high) and challenges the 1.24 range. New hourly resistance is now at 1.2537 (25/01/2018 high) while hourly support is maintained at 1.2165 (17/01/2018 low). The technical structure suggests further upside moves. Read Full Story ...

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EUR/USD fails ahead of 1.2400 handle, EZ GDP up next

• Fails to gain traction despite some follow-through USD weakness. • Traders shrug off German Economy Ministry’s upbeat assessment. • EZ GDP/US macro data eyed for fresh directional impetus. The EUR/USD pair extended its steady decline from one … Read ...

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EUR/USD remains firm around 1.2380, US CPI eyed

Spot keeps the solid pace this week. EMU’s GDP figures next on tap. US CPI, retail sales next on tap. The rally in shared currency remains well and sound so far this week, with EUR/USD posting moderate gains in the ...

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GBP/USD Remains Supported Above 1.3750

The British Pound declined recently, but the 1.3760 support prevented further declines against the US Dollar. There is a major expanding triangle forming with support near 1.3680 on the 4-hours chart of EUR/USD. The UK Consumer Price Index increased 3% ...

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ForexLive Asia FX news: USD loses more ground

Yeah, whatevs, dude …. The yen found renewed buying, taking USD/JPY down to around 107.00 and EUR/JPY around 132.50. The USD lost ground as this was happening, EUR/USD to above 1.2380 and other currencies strengthening against the big dollar also. ...

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