Technical Analysis

USDJPY (111.05): USDJPY extended declines, touching a 3-week low. The yen strengthened despite the BoJ standing pat on policy and reiterating its commitment to maintain the QE purchases. With USDJPY n...
Technical Analysis

GBPUSD (1.3016): The British pound wasn't able to capitalize much on the US dollar weakness. As a result, the GBPUSD fell below 1.3000 last week after briefly rising to levels above 1.3100. Price acti...
Technical Analysis

EURUSD (1.1671): The EURUSD maintained its strong gains as EURUSD touched highs of 1.1682. This marked a two-year high in the currency as investors prepare for the European Central Bank to announce th...
Fundamental Analysis

The pair is expected to find support at 0.9429, and a fall through could take it to the next support level of 0.9394. The pair is expected to find its first resistance at 0.9509, and a rise through co...
Fundamental Analysis

The Euro continued to rally strongly last week and currently shows no sign of topping or a loss of momentum. Much of the bullishness came late in the week when the ECB’s Mario Draghi suggested that ...