Daily FX volumes plunge in February after volatile start to year

Daily FX volumes plunge in February after volatile start to year

January was turbulent for the FX market, with the shock move on Jan. 15 by the Swiss National Bank to scrap its cap on the franc against the euro driving the biggest day's trading ever by some measures, worth more than $ 9 billion on the day. Volatility …

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Forex Market: USD/CHF technical outlook

On the following trading day (March 13th) the pair made an attempt to test that high, but it was unsuccessful, which bolstered the case that a trading range was probably at hand. A lower high at 1.0112 (the yellow line) was recorded, after which a …

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Forex technical analysis: GBPUSD extending to new day lows

The GBPUSD has reversed it's gains seen in the day and is now trading lower on the day. The pair is currently testing the 200 hour MA (green line in the chart below). The price bounced off this MA in yesterday;s trading. The high today was able to …

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