Recent content by Vesta trader

Aussie Resilient As US Dollar Outperforms The US dollar surged higher against most major currencies yesterday, including the Euro, the British pound, the Swiss franc and the Japanese yen. The currency which showed a lot of resiliency against the US dollar was the Australian dollar signalling...

Euro Making An Attempt To Push Higher? The Euro consolidated briefly against the US dollar yesterday, and managed to sustain more losses despite solid US ISM manufacturing PMI, which was released yesterday. Today, during the London session, the Euro zone services PMI was released. The forecast...

Apple Introducing Payment System? Apple, one of the tech giants is in the news for many reasons these days. The most talking points as of now are iPhone6 and iWatch. The tech giant is rumored to launch these two devices during the second week of September, precisely on September 9th, 2014. The...

Can US Dollar Provide One More Buying Opportunity? The US dollar was seen trading higher against a few major currencies, including the Swiss franc. The USDCHF pair about an hour ago challenged the 0.9200 resistance area, but failed to gain momentum above the mentioned level. Yesterday, was a...

Simple Forex Strategy – Aussie Likely To Trade Lower The Australian dollar has shown a lot of resiliency against the US dollar compared to any other major currencies. The AUDUSD pair recently traded above the 0.9360 level, but failed to break the 0.9370-80 resistance level, which means there is...

Amazon To Get A Boost Post Twitch Deal Amazon, one of the international electronic commerce giants recently purchased a company knows as Twitch. Not many people are aware of this company, but I think most game lovers might be aware of it. This company is better known as Twitch.tv, and is an...

EURUSD Struggling To Close Opening Week Gap The Euro was hammered recently against the US dollar, as the EURUSD pair traded below the 1.3200 support area. Moreover, the pair opened with a gap lower this week, and has struggled to close the gap. Earlier during the Asian session, the pair traded...

Euro Might Break Higher Against New Zealand Dollar The Euro has struggled recently against most major currencies, but managed to hold the ground against the New Zealand dollar. The main reason for this is the weakness of the New Zealand dollar. The recent economic data came on the negative...

US Dollar Likely To Trade Higher Against Swiss Franc The US dollar opened with a small gap higher against the Swiss franc this week. The US dollar sellers yesterday tried to close the opening week gap, and as a result the USDCHF pair traded a touch lower. The pair traded as low as 0.9141, which...

The US dollar traded higher against the Japanese yen during this past week, and managed to break the 104.00 resistance area. The pair has opened with a small gap up during this week, and climbed as high as 104.26. However, the upside looks like extended in the short term, and there is a...

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The US dollar traded higher against the Canadian dollar yesterday. However, the Canadian dollar sellers seem to be nervous ahead of key risk events lined up during the NY session. The Canadian consumer price index and retail sales data will be published. Both these events are likely to impact...

The US dollar hammered all major currencies and precious metals yesterday after the FOMC meeting minutes were released. The highlight of the report was the hawkish stance of the Fed members. This change in shift caught the attention of the function of forex exchange market and the US dollar...