Latest Articles

EURUSD printed new lows in the Asian session. Light Economic Calendar today.
By: HotForex - 27 August 2014

EURUSD dropped yesterday and closed at 1.3166. The Durable Goods Orders in the United States rose to a record level at 22.6 percent on a monthly basis in July. Market had expected a rise [...]

Euro sliding again
By: HotForex - 27 August 2014

Euro’s inability to hold above 1.3200 against the U.S. Dollar and challenge significant technical levels on the upside, initiated new selling interest for the common currency in yesterday’s afternoon trading session. EUR/USD recorded low [...]

U.S. Dollar in oversold area
By: HotForex - 26 August 2014

EUR/USD is in oversold area on the daily chart with the RSI and MACD oscillators looking a bit overextended. The pair is now trading just above the support trend line 1.3204, and is looking [...]

EURUSD pushed through the 1.3200 level at the market open. US New Home Sales on tap.
By: HotForex - 25 August 2014

EURUSD dropped on Friday and closed at 1.3241. During its speech in Kansas city at the Jackson Hole annual conference the President of the European Central Bank Mario Draghi stated that ECB is ready [...]

U.S. Dollar reiterating its bullishness; Euro under fierce pressure
By: HotForex - 25 August 2014

The forex markets opened with a weekend gap as the Jackson Hole central bankers’ conference offered quite intuitive insight in how central bankers are thinking. The central point of the conference was Draghi’s statement [...]

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