Stocks and Dollars

The EURUSD was still able to maintain its bearish bias yesterday and hit 1.2654 earlier today. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.2625 – 1.2586 region as a part of the bearish scenario after broke below the descending triangle and

The EURUSD was still able to maintain its bearish bias yesterday and hit 1.2654 earlier today. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.2625 – 1.2586 region as a part of the bearish scenario after broke below the descending triangle and

The EURUSD was still able to maintain its bearish bias yesterday and hit 1.2654 earlier today. There are no changes in my technical outlook. The bias remains bearish in nearest term testing 1.2625 – 1.2586 region as a part of the bearish scenario after broke below the descending triangle and

Despite intra-day resumption of recent upmove, loss of near term upward momentum should prevent sharp move beyond 0.9500-05 (1.236 times projection of 0.8931-0.9335 measuring from 0.9002) and upside should be limited to 0.9540-50, price should falter well below previous resistance at 0.9595 and risk from there is seen for a

Despite intra-day resumption of recent upmove, loss of near term upward momentum should prevent sharp move beyond 0.9500-05 (1.236 times projection of 0.8931-0.9335 measuring from 0.9002) and upside should be limited to 0.9540-50, price should falter well below previous resistance at 0.9595 and risk from there is seen for a

Despite intra-day resumption of recent upmove, loss of near term upward momentum should prevent sharp move beyond 0.9500-05 (1.236 times projection of 0.8931-0.9335 measuring from 0.9002) and upside should be limited to 0.9540-50, price should falter well below previous resistance at 0.9595 and risk from there is seen for a

As the British pound has fallen again after brief recovery on massive risk aversion, suggesting recent decline from 1.6304 top is still in progress and below intra-day support at 1.5732 would extend weakness towards 1.5700, however, loss of near term momentum should prevent sharp fall below 1.5670-75 and reckon 1.5634

As the British pound has fallen again after brief recovery on massive risk aversion, suggesting recent decline from 1.6304 top is still in progress and below intra-day support at 1.5732 would extend weakness towards 1.5700, however, loss of near term momentum should prevent sharp fall below 1.5670-75 and reckon 1.5634