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Could It Be Time For GBPAUD To Decline?
30With European financial fears still evident in the market, it’s no surprise that the Australian dollar has lost some of its previous luster. This has been more than exhibited in
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EURGBP Fights To Stay Above 0.8550
30Even as the Euro financial saga continues, the EURGBP is looking resilient and finding support at 0.8550. The level stands as a key support level in the short term 15-minute
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NZDUSD Slides on Slower Services Sector, Retail Sales
30New Zealand dollar gains were non-existent on the session, following the currency’s slide from an overnight 79.14 high. Perpetuating the session’s losses was a relatively disappointing Bank of New Zealand
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GBPUSD Finds Technical Support at 1.5900
30The British pound is now trading higher against the US dollar following the retest of the 1.5900 support barrier earlier in the session. Momentum has now carried the currency pair
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AUDUSD Hits 3-Week Low, Breaks Key 1.0200
30With all of today’s risk aversion sparked by troubles in Europe, the Australian dollar wasn’t untouched during the session. The AUDUSD currency pair fell to a three week low, in
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EURUSD Finds Support at 1.3800
30Here we are, once again at the 1.3800 psychological level. Since testing 1.3725 support in the overnight, the EURUSD currency pair has skyrocketed higher, now trading at 1.3806. Although further
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Triple Bottom Boosts EURGBP Short Term Potential
30Finding support just above the 0.8550 figure, the EURGBP currency is making its way higher as it tests current resistance at 0.8600. The psychological barrier serves as a key technical
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Bidders Seek Out EURGBP At 0.8550 Support
30Plunging from an overnight high of 0.8641, the EURGBP is now establishing support just short of the 0.8550 barrier. Technical indications are supportive of a move higher off of this
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EURUSD Tests 1.3825 Resistance
30Bouncing back from support at 1.3660 in the overnight session, the EURUSD currency pair is now trading at 1.3801. Although the psychological level could give the exchange rate some short
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ADP Employment Report Boosts EURUSD, GBPUSD
30Market risk sentiment was boosted on the heels of the ADP employment report release for the month of October. According to the private company’s survey, private sector jobs advanced by
