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 ...
Fundamental Analysis

The AUD had yet another strong rally last week which left many traders scratching their heads given that there was little to explain the aggressive move. Nevertheless, the week's performance isn't ent...
Fundamental Analysis

The Canadian and Australian Dollar saw the largest increase in long bets at 13.9k and 13.1k respectively. CAD saw the largest net change of 16.6k contracts which pushed it to net long for the first ti...
Technical Analysis

EURUSD - With the pair holding on to its upside pressure, more strength is expected in the new week. Resistance comes in at 1.1700 level with a cut through here opening the door for more upside toward...
Technical Analysis

But as always, we're back on Monday morning ready and raring to go with another look at the EUR/USD chart. After EUR/USD broke out of its channel last week, price has continued higher all the way to n...
Fundamental Analysis

Global markets took a turn for the worse heading into weeks end as the lethal combination of political uncertainty and the void of encouraging US economic data weighed on investor confidence which was...
Fundamental Analysis

A strong print for housing starts in June was the most noteworthy piece of economic news in an otherwise quiet data week. Housing starts rose 8.3 percent to a 1.215 million-unit pace in June followin...
Fundamental Analysis

It was a light week for domestic economic data with investor focus primarily on political events, G7 central banks, and international data. China kicked off the week with the release of economic growt...