GBP/USD to Break out of Narrow Range in the NY Session

The 1H chart of the GBP/USD shows the market in a tight range to start the week. After finding support at 1.6150, the market also found resistance near 1.6220. The near-term pivot above that is the 1.6240-1.6250 area. The market should start picking up in the NY session for a breakout

Source: ActionForexall Rss Feed

JPY: Japanese Yen stuck in the range

Forex analytics: At the Forex currency market the Japanese Yen rate remains in the quite narrow range of 80.15-81.33 at the beginning of the week. At the moments the interest of players in JPY has been observed, since it acts as a safe asset while external background is still tense.
Forex forecast: MACD indicator for the pair USD/JPY has crossed the signal line from top to bottom and is not giving a clear signal. ...

Source: Liteforex.org rss feed

Narrow Range for Government Yields on New Commodity Sales

Sliding crude oil prices and a turn in the euphoric tide lifting equities prompted a mid-morning lift for government debt prices midweek. Yields subsequently remain close to the recent floor even after commodity buyers plundered offers after the worst performance in three years forcing a rebound not only in inflation-bearing

Source: ActionForexall Rss Feed

Euro/USD: Euro remains in the range

Forex analytics: At the Forex currency market the pair EUR/USD continues to move slightly downward on Wednesday morning, remaining in the previous range.
By 9.00 Moscow time the Euro is at 1.4802 against closing session level of 1.4824 yesterday.
Investors are still interested in the safe currencies, moving away from risk amid ambiguous sentiments of investors in the global capital markets.
Authorities of ...

Dollar Index Range Bound- Haven Flows Benefit Swissie, Yen

The dollar drifted amid a choppy US trading session, with the index ending flat on the day as risk-aversion flows benefitted the yen and the Swissie.

GBP/USD’s Short-term Range Presents Scalping Opportunity

The GBP/USD erased the majority of its post PMI manufacturing gains as support swung in the dollar’s favor following a robust private employment report from ADP.