Author: Tina Reyes

The U.S. Dollar strengthened this morning after touching a five-month low against the Euro. The subsequent break in the EUR USD put this pair in a position to form a bearish closing price reversal top, but a late session surge...

The U.S. Dollar was under pressure all day on Wednesday as the Federal Reserve considers additional monetary policy easing amidst growing concerns that the economic recovery is poised to derail. The Euro surged to the upside...

Weaker than expected U.S. economic reports triggered a surge in the EUR USD, taking out Monday’s closing price reversal top and a major 50% retracement level at 1.3510.The news that the U.S. economy weakened overshadowed...

The EUR USD posted a closing price reversal top on Monday after Moody’s Investors Service said it cut Anglo Irish Bank’s unguaranteed senior debt to Baa3 from A3, and cut its dated subordinated debt to Caa1 from...

The U.S. Dollar finished sharply lower last week after the Fed strongly hinted that it would provide more aid to prevent the economy from derailing. Foreign currency investors reacted as if the Fed had given them the green light...

The Dollar/Yen remains balanced at the mid-point of the 82.88 to 85.93 range at 84.40. In addition, a Gann angle at 84.38 is providing additional support, making 84.40 to 84.38 an important support cluster.  Clearly this...

After hovering on both sides of an uptrending Gann angle at .9570 on Wednesday, the Aussie Dollar finally succumbed to selling pressure, triggering a break from its high and putting it in a position to form a daily closing price...

The U.S. Dollar fell sharply lower versus the Euro and the Japanese Yen Tuesday afternoon after the Federal Open Market Committee hinted that it stood ready to provide stimuli for the U.S. economy. The suggestion of additional...

The U.S. Dollar traded slightly lower versus the Euro as traders factored in the possibility of more monetary policy easing by the Federal Reserve at tomorrow’s Federal Open Market Committee Meeting.The FOMC is not...