Fx Charts

(eToro Blog) Putting a little pressure on the Euro yesterday was news that Portuguese bond yields touched on record highs, suggesting to investors that Portugal is quickly becoming the new Greece. However, that pressure was brief as the Euro-Dollar is …

(eToro Blog) Wall Street had earlier rallied higher on investor hopes that Greece would reach an agreement with private bond holders that would prevent the country from defaulting on the debt which comes due in March. Despite some initial pull back for…

(eToro Blog) With economic data points lacking today from the Eurozone, some traders have switched their focus to the Australian Dollar, which is rallying higher, trading recently at 1.0563, a session high. Even trader pyruss, who allocates nearly 95% …

(eToro Blog) Media reports over the weekend, one bad and one not-so-bad, sent investors of the Euro-Dollar into defensive mode. Since the currency markets opened for the trading week, bearish posturing has been the norm and it’s no different among tr…

(eToro Blog) For the brunt of the trading week, markets and traders of the Euro and other higher-risk currencies were clearly optimistic that surprisingly positive economic data from the Eurozone might be pointing to a recovery of sorts. After a retrea…

I’m no Forex (FX) trader, but I think it’s funny that so many macro guys … I’ll leave you with a side-by-side comparison of the EUR/USD & DXY monthly charts, something to keep in mind over the coming years: (Click to enlarge) EURUSD v DXY monthly- th…

On the charts, immediate support for euro/dollar lies at $1.3104 … Steven Englander, global head of FX strategy at Citi, calls this a “significant change” in the bank’s positioning.

With regard to the euro-dollar pair, it is moving sideways as seen on the daily charts after falling earlier today to a low of 1.1900, where the 16-nation currency is still traded below its lowest level in four years against the greenback on the back …

The dollar fell against a basket of major currencies to 87.35 from the day’s opening at 87.20 as seen by the dollar index on the daily charts. With regard to the euro-dollar pair, it inclined earlier today to a high of 1.2215 but it stopped its …

With regard to the euro-dollar pair, it rebounded on the daily charts after the euro fell for two consecutive sessions against the dollar. Meanwhile, there are hopes after the $1 trillion plan announced to provide deficit contagion to spread from …