Today's EUR/USD trading ended in vacillation. The past fews weeks have finally brought the EUR down south. In a thinly traded day like today coupled with low volatily the market produced a lack lustred directionless day.
Topics: eur, eur-usd, Forex Tips, pivot, Range, trading, trend, USD

Who would have thought have thought that the euro would have receded its upward momentum to 1.4690 a few month ago? The last three weeks have seen over a thousand pips shed from the EUR-USD pair. Is this an indication or the sign of a crack on the wall?
Topics: Charts Of The Day, consolidation, Currency Analysis, economic numbers, eur, eur-usd, Forex Charts, GBP-JPY analysis, GBP-USD currency, high volume, momentum, USD, volume traders

The EUR was exhibiting weakness across board. Against the JPY, it is trading also trading at 168.17/44 range after making a high of 169.50 earlier today. It has since been consolidating around that 38.2% level.
Topics: Currency Analysis, eur, jpy, slides, target, trading

European Central Bank have announced her decision to leave interest rates unchanged at 4.25 percent. Traders have expected this but the long anticipated wait is on the ECB president - Jean-Claude Trichet and his subsequent press conference. The keen...
Topics: Currency Analysis, ecb, Economic Report, eur-usd, growth prospects, inflation, interest rates, slides, slowdown, Trading Forex

Yesterday session saw a very stale trading day with most currency pairs trading within themselves sideways. Not even the Asian market could-start or alter direction in the overnight trades. Yesterday is in the tomb and today is all we have right now but..
Topics: asian market, Currency Analysis, currency pairs, currency trading, economic news, eur, eur-usd, euro, gbp, gbp-usd, GBP-USD currency, resistance level