GBP/USD rose during the session on Tuesday as the top of Monday’s shooting star has been broken. This is a bullish sign, and as such we believe that this market will continue to rise over the next...
EUR/USD finally closed above the 1.28 level as that resistance area has been slowly chipped away over the last couple of weeks. With this being said, it is a bullish sign and we would consider the possibility...
AUD/USD into the session essentially unchanged after flirting with both opposed 1.04 levels, and pre-1.04 levels. In other words, the market went back and forth and eventually did nothing.
Technical analysis for 20.11
Date: 19.11.2012 Time: 17:24 Rate: 0.9403 4 Hour chart Last Review USD/CHF Forecast- The price has reached the 0.9513 price level and immediately backed down while at the moment it is located under the Bollinger’s moving average...
Date: 19.11.2012 Time: 17:13 Rate: 1.0404 4 Hour chart Last Review AUD/USD Forecast- the price has descended and checked the 1.04110 support level while breaching the 1.0443 resistance level will probably lead the price towards the closest...
Date: 19.11.2012 Time: 16:56 Rate: 1.5909 4 Hour chart Last Review GBP/USD Forecast- It is possible to see that the last trading day characterized in stoppage of the price on the lower lip of the descending price...
Date: 119.11.2012 Time: 16:30 Rate: 1.2810 Daily chart Last Review EUR/USD Forecast- It looks like the price is stopping on the 1.2678 support level, while it is creating a candle called “Hammer” (at the moment, we will...
CFTC Commitments of Traders Report, 13 November 2012. Once again the currency specs reduced their aggregate USD short position, and this time they took it down to only 5,960 contracts.
Higher-yielding assets, including the euro and Australian dollar, saw modest gains to start off the week yesterday, as hopes that Greece will be able to secure a new round of bailout funds in the near future led...
