By FXEmpire.com Analysis and Recommendations: The EUR/USD declined today, trading at 1.2561. The euro is flat to yesterday’s close but has rallied an impressive 4% since its June 1st low of 1.2288. With renewed hope that...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/GBP is trading at 0.8072 falling slightly on the weakness of the euro. The pair followed the tract of the EUR/USD. Trading in the EUR/GBP cross rate mostly joined the...
Read MoreBy FXEmpire.com Analysis and Recommendations: The EUR/CHF is trading at 1.2012 as the euro was able to gain a bit in today’s session. The EURCHF is unchanged as the SNB’s 1.20 floor remains credible, but increasingly...
Read MoreBy FXEmpire.com On Wednesday, trading in the EUR/GBP cross rate mostly joined the intraday trading pattern of the headline EUR/USD pair. EUR/GBP hovered near the 0.81 area during the morning session. The pair tumbled going into...
Read MoreBy FXEmpire.com Before we look at the ECB decision, lets get an understanding. The ECB has acted aggressively and above and beyond their call to action. Each time, the central bank has bought the EU leadership more time, by...
Read MoreBy FXEmpire.com The EUR/USD pair rose during the session on Wednesday as the 1.25 level gave way as resistance. The pair is getting a boost by the potential easing out of the Fed, and the fact that the ECB head Mario Draghi...
Read MoreBy FXEmpire.com The USD/JPY pair gained for the third session in a row on Wednesday as the “risk on” trade came back into vogue. The Bank of Japan has been jawboning the value of the Yen down again, and as a result...
Read MoreBy FXEmpire.com The GBP/USD pair managed to bounce hard finally on the session as the hammer from the previous Friday finally trigger buy orders. The pair is a risk sensitive one, and as a result we think that this pair will...
Read MoreBy FXEmpire.com The EUR/GBP pair fell hard during much of the session on Wednesday, but managed a nice bounce by the end of the session in order to form a long hammer at the 0.81 level. This suggests that a lot of buyers stepped...
Read MoreBy FXEmpire.com The EUR/CHF pair continues to do absolutely nothing at this point in time. The Swiss National Bank continues to defend the 1.20 level as the “minimum acceptable exchange rate” between the Euro and...
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