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I’m having quite a day today and I will be away from the blog. My apologizes for the inconvenience. See you early tomorrow!
Original post by Valeria Bednarik

The pair is not only oversold in smaller charts and offered a quick rebound in the base of the channel, also a tough congestion zone. Market is moving more quickly than my hands here, but as long as the minimum remains unbroken, we could see some more short term bullish there.
 
 
Original post by Valeria Bednarik

Things are changing and while Gbp (against Usd dollar) is attempting to break higher, the Euro remains under selling pressure, and clearly seen in the Eur/Gbp. Last week the pair reached the proposed level @ the 138.2% of an inverted Fibonacci, and being highly over bought, begin a correction that right now, seems ready to […]

By Jerry Furst - Sr Analyst at
Investors Education Network.com
“We’ll Meet Again”  
The much anticipated Historic G20 meeting in Washington this weekend leaves me wanting something more – and yet the status quo seems so comfortable.  My hunch that this would be a meeting to have more meetings after Obama gets “steeped” into his new gig […]

We have a bunch of fundamentals in a few minutes,  but I won’t be able to be here in the next hours, so this is just a note, to tell you about it. If I could make it back in a couple of hours, I will try to post something else. if not, have a […]

The pair begin a sudden correction to the upside, and is quoting right now at 1.2740. The correction has plenty of room to the upside, and if the up trend continues, above 1.2766 the pair could reach the 1.2800 level quickly, yet a more long term correction could be triggered only above 1.2880 zone, a daily […]

Why I choose to talk about this pair today? Because Gbp is probably the weaker currency these days, and is falling against all other majors, including the Euro, although both pair usually move the same way. I was commenting the pair was  clearly bullish, but with a resistance @ 0.8450/75, and here we are, with the pair […]

The pair has set a fresh minimum a few minutes ago at 1.4811, where the pair shows some support, however, a new movement to the downside will quickly send the pair to the zone @ 1.4770 and form there, we have no strong supports until 1.4680. Wait for some upside correction before trying to go […]

The Usd/Chf has a really important resistance level at 1.1800 where the pair has been rebounding strongly. If the pair manages to break above it, it could trigger a dollar bullish rally against all European majors. However, small charts both in Euro and Swiss franc against Usd, are suggesting a correction (as the dollar is […]

HI! Ok, in a few minutes, I will be starting the live coverage of the announcements, at Fxstreet.com home page. Market is expecting cuts from both Central Banks, of 0.50 basis points each.
The key levels to watch for the pairs will be
Euro/Usd 1.2780 to the downside, and 1.2990 to the upside.
Gbp/Usd 1.5760 to the downside […]