Monthly Archives: January 2018

Signs of a near term dollar recovery grow as Wall Street soars

The near term technical prospects for the dollar continue to improveas the weakness seen over the past few weeks shows signals of a retracement. This comes with the Fed’s Beige Book suggesting that growth and inflation are picking up, whilst Apple unveiled plans to repatriate its overseas earnings…

EURUSD Rejected at 2008 Crisis Low

Over the weekend we discussed how the EURUSD would likely find selling pressure at 1.2325. As the low of the 2008 financial crisis, it makes sense that offers would build up here. As it turns out, Wednesday’s session carved a high of 1.2323, just two pips below our key level. Not only did the pai…

000webhost logo