Daily FX Analysis
January 1st, 1970 00:00:00 UTC +0000
Forex News: US Dollar Takes Another Beating. Higher Prices to Follow?
EUR/USD

Forex News: The pair remained in a tight range for most of yesterday’s trading session but later in the afternoon bullish pressure increased and we saw a break of the horizontal channel. However, it remains to be seen whether this break is true or not.


January 1st, 1970 00:00:00 UTC +0000
Forex News: Euro Stalls, Pound Gains Momentum. WEF Meetings in the Spotlight
EUR/USD

Forex News: The pair remained inside the range for the entire yesterday’s trading session, mostly due to the lack of any fundamental developments or economic data releases. Trading was choppy and without important advances to either side.


January 1st, 1970 00:00:00 UTC +0000
Forex News: Range-bound Trading Amid a Lackluster Fundamental Scene
EUR/USD

Forex News: Friday we saw mixed price action and yet another move into resistance that resulted in a bounce lower. The US Consumer Sentiment survey posted a lower than expected reading but the US Dollar still gained against the Euro and overall price remained in range-mode.