Currency News

Forex Market: EUR/GBP off seven-week highs, UK’s April jobless claims reach their highest level since 1996

EUR/GBP came off recent seven-week highs during early European trade on Tuesday, following the latest string of employment data released from the United Kingdom. The Office for National Statistics said that the number of people who filed for unemployment benefits rose by 856,500 to 2.097 million in April due to the coronavirus pandemic, or the […] Read more

Forex Market: EUR/GBP trades near recent seven-week highs on negative interest rate prospects, UK employment data eyed

EUR/GBP remained in proximity to Friday’s seven-week high of 0.8959 during early European trade on Monday, as the prospect of negative interest rates still weighed on the Sterling. Such a move was not ruled out by Bank of England’s chief economist Andy Haldane. As of 7:06 GMT on Monday EUR/GBP was gaining 0.05% to trade […] Read more

Major Currency Pairs: Pivot Levels for Friday (July 21st 2017)

USD/CHF R1 – 0.9524 R2 – 0.9536 R3 (Range Resistance – Sell) – 0.9548 R4 (Long Breakout) – 0.9584 R5 (Breakout Target 1) – 0.9625 R6 (Breakout Target 2) – 0.9642 S1 – 0.9500 S2 – 0.9488 S3 (Range Support – Buy) – 0.9476 S4 (Short Breakout) – 0.9441 S5 (Breakout Target 1) – 0.9399 […] Read more

Major Currency Pairs: Pivot Levels for Tuesday (July 18th 2017)

USD/CHF R1 – 0.9632 R2 – 0.9638 R3 (Range Resistance – Sell) – 0.9644 R4 (Long Breakout) – 0.9662 R5 (Breakout Target 1) – 0.9683 R6 (Breakout Target 2) – 0.9692 S1 – 0.9620 S2 – 0.9614 S3 (Range Support – Buy) – 0.9608 S4 (Short Breakout) – 0.9590 S5 (Breakout Target 1) – 0.9569 […] Read more

Major Currency Pairs: Pivot Levels for Tuesday (July 11th 2017)

USD/CHF R1 – 0.9662 R2 – 0.9667 R3 (Range Resistance – Sell) – 0.9671 R4 (Long Breakout) – 0.9684 R5 (Breakout Target 1) – 0.9699 R6 (Breakout Target 2) – 0.9705 S1 – 0.9654 S2 – 0.9649 S3 (Range Support – Buy) – 0.9645 S4 (Short Breakout) – 0.9632 S5 (Breakout Target 1) – 0.9617 […] Read more

Major Currency Pairs: Pivot Levels for Friday (July 7th 2017)

USD/CHF R1 – 0.9611 R2 – 0.9616 R3 (Range Resistance – Sell) – 0.9622 R4 (Long Breakout) – 0.9639 R5 (Breakout Target 1) – 0.9658 R6 (Breakout Target 2) – 0.9666 S1 – 0.9599 S2 – 0.9594 S3 (Range Support – Buy) – 0.9588 S4 (Short Breakout) – 0.9571 S5 (Breakout Target 1) – 0.9552 […] Read more

Major Currency Pairs: Pivot Levels for Wednesday (July 5th 2017)

USD/CHF R1 – 0.9658 R2 – 0.9661 R3 (Range Resistance – Sell) – 0.9665 R4 (Long Breakout) – 0.9676 R5 (Breakout Target 1) – 0.9689 R6 (Breakout Target 2) – 0.9694 S1 – 0.9650 S2 – 0.9647 S3 (Range Support – Buy) – 0.9643 S4 (Short Breakout) – 0.9632 S5 (Breakout Target 1) – 0.9619 […] Read more

Major Currency Pairs: Pivot Levels for Friday (June 30th 2017)

USD/CHF R1 – 0.9562 R2 – 0.9566 R3 (Range Resistance – Sell) – 0.9570 R4 (Long Breakout) – 0.9583 R5 (Breakout Target 1) – 0.9597 R6 (Breakout Target 2) – 0.9603 S1 – 0.9554 S2 – 0.9550 S3 (Range Support – Buy) – 0.9546 S4 (Short Breakout) – 0.9533 S5 (Breakout Target 1) – 0.9519 […] Read more

Major Currency Pairs: Pivot Levels for Tuesday (June 27th 2017)

USD/CHF R1 – 0.9729 R2 – 0.9734 R3 (Range Resistance – Sell) – 0.9739 R4 (Long Breakout) – 0.9753 R5 (Breakout Target 1) – 0.9770 R6 (Breakout Target 2) – 0.9777 S1 – 0.9719 S2 – 0.9714 S3 (Range Support – Buy) – 0.9709 S4 (Short Breakout) – 0.9695 S5 (Breakout Target 1) – 0.9678 […] Read more

Major Currency Pairs: Pivot Levels for Friday (June 23rd 2017)

USD/CHF R1 – 0.9721 R2 – 0.9724 R3 (Range Resistance – Sell) – 0.9727 R4 (Long Breakout) – 0.9736 R5 (Breakout Target 1) – 0.9747 R6 (Breakout Target 2) – 0.9751 S1 – 0.9715 S2 – 0.9712 S3 (Range Support – Buy) – 0.9709 S4 (Short Breakout) – 0.9700 S5 (Breakout Target 1) – 0.9689 […] Read more