On the October 25th we wrote of a possible reversal scenario on EUR/JPY represented by a rising wedge reversal pattern. Last week, our scenario was confirmed as the price broke out of the bottom line...

The dollar approached its eight-week low against the euro and languished near its two-week peak against the yen amid signs the US economy was strengthening....

The middle to long term picture on EUR/USD is bearish....

The euro plunged to an eight-week low yesterday and was on its way to its steepest two-week fall in over a year after the European Central Bank cut interest rates yesterday. The ECB surprised markets...

Ahead of the ECB interest rate decision this afternoon it is certainly worth taking a look at the short term technical picture in EUR/USD....

EUR/GBP approaches rebound zone....

We see the euro nursing its wounds when seen against the USD, in what looks like a phase of consolidation ahead of the ECB data expected tomorrow – with speculation on whether a rate cut will be...

With investors focused on key macro-economic data at the tail end of the week, volatility on currency markets was low at the start, with no major moves recorded on the major currency pairs....

Looking at price action on a daily chart of AUD/USD we can spot an interesting up trend continuation setup....

Looking at price action on a daily chart of AUD/USD we can spot an interesting up trend continuation setup....