Dow Jones (.DJIA) correlation continued to guide direction in most of the FX major pairs, though the Cable traded high against the Greenback in contrast to other pairs. The common currency settled marginally higher at 1.3496 yesterday...
Market Review – 15/02/2011 19:36 GMT Cable rallies on Tuesday on future rate hike expectation The British pound rose broadly on Tuesday as rate hike expectation increased after U.K. data showed a thirteenth consecutive month of inflation...
H4 Despite reckless efforts of the bulls to restore the market, the AUD could not break up above the Kijun-sen on 4-hour graphs. The aussie has bounced off it and tested the lower limit of the Cloud...
Concerns over the EC budget crises rise again. Asian and European trading sessions:
A heavy news day is expected today, as leading economic releases from France, Germany, Great Britain and the U.S. are scheduled. The abnormal amount of significant news events is likely to create high volatility throughout the majority...
Greetings. Let’s take a look at the EUR/JPY hourly chart. Our research shows the EUR/JPY to potentially continue it’s upward movement to a potential price point of 117.22.
EURUSD continued weakness and settled at 1.3479 against previous close of 1.3547 after hitting three week’s low of 1.3428. Mixed moves were seen in remaining pairs with the Cable and Aussie Dollar showing signs of stagnation. Dow...
Market Review – 14/02/2011 19:13 GMT Euro hits a three week low versus dollar on WestLB rescue hitch The single currency pared its initial intra-day gain against the greenback in European session on Monday and fell from...
Market review for 7 – 11. 02, 2011
The AUD/USD is moving in medium term downtrend and now is developing corrective wave 4 – colored red in the chart. The targets of the upmove are Fibonacci retracements of 1.0188-0.9960 (wave 3), 1.0139-0.9960 (subwave C within...
