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This analysis continues the series of the major currency pairs’ previews today, showing both technical and fundamental background behind the possible EUR/USD movement. The currency pair continues to trade inside a consolidation wave and some interesting opportunities may spring up soon.

Posted on Forex Video Zone.

The euro profited today after Greece announced several measures to tighten its massive budget deficit, allowing the confidence towards the Eurozone and making the euro to rank among the best performers in currency markets today.(…)
Read the rest of Is The Greek Crisis Coming to an End? (63 words)

Posted on Forex News.

The euro had the sharpest gains today this week as speculations that Greece will be bailed out by public lenders associated with worse than expected real state data in the U.S. were supportive for a corrective movement on the euro’s charts.(…)
Read the rest of Euro Rebounds on Greek Crisis Comments, U.S. Home Sales (129 words)

Posted on Forex News.

The Japanese yen, known as the safest bet in forex markets during times of uncertainty, profited today from negative releases in both Europe and North America, allowing the Asian refuge currency to post the sharpest gains versus currencies tied to growth.(…)
Read the rest of Yen Benefits From Overseas Negative Reports (149 words)

Posted on Forex News.

The British pound was one of the worst performing currencies today in foreign-exchange markets as its monthly budget deficit for January decreased appeal for assets in the country and fueled speculations that economic stimulus will be need for a longer period to help the kingdom’s economy to grow.(…)
Read the rest of Pound Suffers as British Economy Struggles to Rebound (159 words)

Posted on Forex News.

This video offers a technical and fundamental overview of the major Forex pairs for today. The volatility in euro and yen based currency pairs increases as the fundamental factors suggest more financial instability related to the government debt.

Posted on Forex Video Zone.

The emerging market Brazilian currency advanced today after carnival’s bank holidays, fueled by a rally in the nation’s stocks supported by better than expected data published today in the U.S., allowing the real the reach high levels versus the pound and the euro.(…)
Read the rest of Brazilian Real Profits on National Stocks Advance (72 words)

Posted on Forex News.

The dollar gained today versus most of the 16 main traded currencies paring yesterday’s losses as demand for assets in the U.S. rose after several better than expected figures came out in reports published in the U.S., evidencing that the economic recovery in the country is accelerating.(…)
Read the rest of Dollar Revives Rally on Domestic Data (140 words)

Posted on Forex News.

The Aussie profited today from a risk driven scenario in global markets and extended yesterday’s gains after central bankers in the nation said that interest rates may be hiked further this year if the economy continues to recover.(…)
Read the rest of Australian Dollar Extend Gains on Interest Rates Outlook (73 words)

Posted on Forex News.

Not much can be predicted today after such a low volatility due to the yesterday’s holiday. Wait for breakouts on the major currency pairs and go with the trend. Watch this technical analysis video to see the most important levels.

Posted on Forex Video Zone.