Foreign Exchange Market Commentary EUR/USD closed higher on Friday and above the 20-day moving average crossing confirming that a short-term low has been posted. The high-range close sets the stage for ...

Foreign Exchange Market Commentary EUR/USD closed higher due to short covering on Wednesday as it consolidates some of the decline off this month's high. The high-range close sets the stage for a steady ...

... that a short-term low is in or is near. If it extends last week's rally, the reaction high crossing is the next upside target. Closes below the reaction low crossing would renew the decline off August's ...

... move against the trend of falling equity markets overnight. Despite that most are well aware of the fact that another round of stimulus will spur risk sentiment short term, but long term it is not going ...

... that a short-term top might be in or is near. The low-range close sets the stage for a steady to lower opening on Wednesday. Stochastics and the RSI are diverging and are turning neutral to bearish warning ...

... target. Closes below the 20-day moving average crossing would temper the bullish outlook. USD/JPY closed lower on Monday and below the 10-day moving average crossing signalling that a short-term top ...