Supported by a rise in commodity prices AUD/USD rose to the December high at 0.9170 on Tuesday but could not surpass this key level....

Yesterday the EUR/USD hit 6-week highs at 1.3794 (just short of October highs of 1.3823). This is the 6th consecutive day in profit for the single currency. So far ahead of the European open the...

Our cautious stance on a further rise in USD/JPY was justified yesterday (“…this should open the door for another corrective move lower towards the 102.80:103.00 region”). The pair dropped even...

The EUR/USD continued its uptrend yesterday. After yet another bullish consolidation the pair shot up in the afternoon and made a high for the day at 1.3797 before retracing slightly back down to...

Throughout the course of last week as customary (since it was the first week of the current month) we got a number of important economic data. Apart from the manufacturing data out of Europe and the...

The price of gold continues on its rebound in the short-term after it re-tested its 5-month trough earlier this month....

The AUD/USD traded in a range on Monday and did not penetrate neither key support at 0.90 nor key resistance at 0.9150. Within the last hours the pair has traded in a tight consolidation range....

USD/JPY continued its rise yesterday as expected. We still expect new highs for the pair sooner or later but a look at the two hour chart shows that the pair failed in the region of last week`s high...

The euro touched a six-week peak against the dollar and a five-year high versus the Japanese yen. The single currency was well bid amid fading expectations for more stimulus by the European Central...

Our bullish stance was confirmed yesterday. Apart from a very brief drop under the 1.37 level the single currency rose steadily against the Greenback throughout Monday`s session and finished near the...