The greenback demonstrated diverse trading activity this week. On Monday the EUR/USD pair grew and reached the $1,4000 level. The released Euro-zone industrial new orders showed considerable increase over the predicted data. The stock markets growth also...
The month of October ended on a cautious note in the broad markets. The USD held firm against the EUR. However, the GBP did manage to keep pace against the greenback. Wall Street managed to turn in...
The US dollar experienced a rapid spike in this morning’s trading hours following the opening of Asian equity markets. The spike initially drew concern that an intervention by the Bank of Japan (BOJ), selling their currency against...
USD/CAD Daily graph: http://www.real-forex.com/charts-daily/011110/CAD_DAILY_011110.JPG
Market Review – 29/10/2010 21:11 GMTDollar falls to a fresh 15-year low against yen on Fed easing expectationsThe greenback weakened to a fresh 15-year low against yen on Friday as lackluster U.S. GDP data reinforced market’s speculation...
EUR/USD Daily graph: http://www.real-forex.com/charts-daily/011110W/EUR_DAILY_011110.JPG
AUD/USD is developing wave C of the midterm downtrend – colored magenta in the chart. Within this wave there’s corrective wave B that is developing. Its targets are Fibonacci retracements of 0.9973-0.9651.
Greenback switched to the negative dynamics. Asian and European trading sessions: Euro: The demand for the risky assets grew on Thursday, and the euro stabilized. The EUR/USD pair showed maximums at the level of $1,3865.
AUD/USD: The bearish trend started in the beginning of the week has been corrected by exactly 50% during the 28-10-2010 session. NZD/USD: During this trading week, the pair didn’t stop to navigate between the resistance 0.7564 and...
A solid day of range trading took place within the broad market place. The currencies essentially saw the USD trade strong early on and then tend to give back a bit of ground as the day progressed.
