2013.01.23 : The greenback failed again to break support. What’s next?
EUR/USD
We anticipated movement, but the roller – coaster that proved to be yesterday’s trading session was definitely a surprise. This kind of trading session is rarely seen and it is definitely not what we call normal, with price falling 100 pips, rising another hundred and then falling again.
Technical Outlook
Fundamental Outlook
GBP/USD
The pair had a more calm movement but it wasn’t an easy ride all the way as it had some swift turns that could trap traders.
Technical Outlook
Fundamental Outlook