Forexperts

EURUSD: Bearish, Threatens Further Downside Momentum

Having reversed its corrective recovery, the pair is on the verge of resuming its broader weakness. This will open the door for a run at the 1.2620 level, its Jan 2012 low. Further down, support stands at the 1.

Mohammed Isah | Quick Read

Deflation isn't the Enemy

We now live in a world where deflation has become public enemy number one. In this current economic environment, governments seek a condition of perpetual infl...

Michael Pento | Quick Read

EUR/USD – Bullish Divergence At Key Support Pivot Suggests Consolidation

The EUR/USD fell from slightly above 1.28 starting in the 5/22 Asian session after it developed a bearish divergence with the RSI in the 1H chart. It has since fell sharply but is now testing (and cracking) the 1.

Fan Yang | Quick Read

Euro Searches For Support, EU Summit To Provide Little Relief

The Euro bounced back from a fresh yearly low of 1.2614 amid the renewed effort to address the sovereign debt crisis, but the threat of a Greek exit may continu...

David Song | Quick Read

BoJ Leaves Monetary Policies Unchanged; USD/JPY Drops

The Bank of Japan met during the 5/22 Asian session to discuss monetary policy. The market has been pricing in more stimulus even though Shirakawa had spoke again st it.

Fan Yang | Quick Read

EURUSD Drops to 2012 Low but Don’t Get Caught Chasing

This morning's action may compose the 'flush' before a larger correction takes hold. There are no setups to short the USD here with a sensible stop.

Jamie Saettele | Quick Read

AUDUSD: Reverses Gain, Set To Recapture The 0.9663 Level

The pair has reversed its one-day recovery and now looks to resume its broader medium term downtrend. This development now leaves AUDUSD targeting further declines towards the 0.

Mohammed Isah | Quick Read

Australian dollar posts fresh 6-months lows; Risk assets crumble under the weight of Euro-region concerns

The U.S dollar resumed its north-bound run overnight with global markets remaining under the negative influence of Euro-region uncertainty.

Chris G. | Quick Read

NZDUSD Testing Major Neckline

The NZDUSD easily sliced through the trendline that extends off of the 2009 and late 2011 lows but is currently testing the more important head and shoulders ne...

Jamie Saettele | Quick Read

Deflation isn't the Enemy

We now live in a world where deflation has become public enemy number one. In this current economic environment, governments seek a condition of perpetual infl...

Michael Pento | Quick Read

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