After completing a full positive Elliot cycle, made up of five waves, the New Zealand dollar – United States dollar pair is expected to have a correction movement, which, according to the Elliot wave theory should move...
AUD/USD Daily graph: http://www.real-forex.com/charts-daily/November2010/AUD_DAILY_181110.JPG
ForexPros Daily Analysis November 18, 2010 Euro Heading to Next Setup, Pound in Short, Yen In Long Euro: On daily, bouncing off next 50% traditional long at 1.3430. with target at 1.4679.
The markets witnessed a day of consolidation across the boards on Wednesday as investors took a pause to reflect on the gyrations from the past few days. The USD waffled against the major currencies as it displayed...
The EUR remains within the Irish storm that is causing investor unease and the possibility of other doubts causing fires. The EUR struggled in early trading versus the USD falling to new recent lows, but it did...
The Sterling maintained an air of stability on Wednesday a day after declining against the USD. Claimant Count numbers were slightly better than anticipated, but the economic outlook for the U.K. remains cloudy and its housing market...
Greetings. Let’s take a look at the USD/CHF hourly chart. It seems we’re flirting with the high from early November but look for a potential small retracement down from its current price and then turn back up....
The JPY traded in a consolidated manner on Wednesday as bourses found some stability. The sudden weakness (albeit slight) in the JPY may be positive development for the Japanese export companies, but it will take more than...
Slight optimism is apparent in the markets this morning as European Union and International Monetary Fund officials travel to Dublin to discuss a possible aid package for the nation’s troubled banking sector. The Irish debt crisis is...
Market Review – 17/11/2010 23:12 GMT Euro rises on weak U.S. inflation and housing data The single currency ratcheted higher on Wednesday as less-than-expected rise in U.S. CPI and weaker-than-expected housing starts gave support to U.S. Fed’s...
