Roman Vashchilin / Blog
After refreshing its highest level since late August of 2015 at 1.1677 during the early trading hours of the European session, the EUR/USD pair went into a consolidation phase and retraced majority of its daily gains. At the moment, the pair is trading at 1.1637, up only 6 pips on the day...
After easing to 1.1480 following the ECB's decision to keep its monetary policy unchanged, the EUR/USD pair caught a fresh buying wave as the ECB President Draghi adopted a hawkish tone during the press conference and reached its highest level in nearly 23 months at 1.1660...
The USDJPY pair touched 111.65 level again and found solid support there, waiting to break this level to confirm extending the correctional bearish wave on the short term basis to head towards 110.98 level that represents the next correctional level...
The EURUSD pair begins today's trading with slight bullish bias after the decline that it witnessed yesterday, as stochastic provides positive signals on the four hours' time frame, which forms positive motive that we are waiting to assist to push the price to resume the main bullish trend, which...
The EUR/USD pair maintained it’s offered tone through early NA session but has still managed to hold its neck above the key 1.15 psychological mark despite upbeat US housing market data...
The precious metal is having a difficult time retracing its losses against the greenback in the NA session on Wednesday amid higher risk appetite. As of writing, the XAU/USD is trading at $1,241.45, losing 1$, or 0.08% on the day...
Gauging political risk and how it will likely impact the pound remains difficult, according to Carl Paraskevas, Research Analyst at Lloyds Bank. Key Quotes “Some have interpreted the result of the snap UK general election as positive for the British pound because it will lead to a “softer” Brexit...
According to analysts from Wells Fargo, the prospect of tax cuts in the wake of the Presidential election likely led investors to delay realizing capital gains at the end of 2016, affecting tax revenues...