Regardless of an agreement at the weekend’s G20 summit to avoid a currency devaluation war, investors have begun to price in the expectation of an asset purchasing facility by the Fed following their upcoming policy meeting on...
Market Review – 25/10/2010 22:48 GMTDollar sinks to a fresh 15-year low against yen after G-20 meetingThe greenback tumbled to a fresh 15-year low against the Japanese yen on Monday as investors prepared for additional monetary easing...
During the beginning of the previous trading week the greenback gained some strength against the background of the euro weakening. Expectations for the release of the Euro-zone fundamentals, which were planned to be published on Tuesday, pressured...
Pound/yen is moving within wave 5 of the long term downtrend – colored royal blue in the chart. The strategic targets of the downside movement are Fibonacci expansions off 135.03-130.78-132.93 (waves 1-2), 132.93-127.33-129.21 (waves 3-4), and 129.21-127.07-127.86...
USD/CHF Daily graph: http://www.real-forex.com/charts-daily/251010/CHF_DAILY_251010.JPG
ForexPros Daily Analysis October 25, 2010 Forex Analysis For GBP/USD and GBP/JPY 1) Forex Trading Signal For GBPJPY Forex Trend Analysis The overall trend for this currency pair is DOWN for the week Forex Technical Analysis
As the market’s get set for another week of heavy trading, investors are eagerly awaiting a speech from the Fed Chairman today, scheduled to occur at 12:30 GMT. Traders will want to watch out for any mention...
This currency pair is moving within the flat limited by 0.9662 and 0.9889. The breakout of the flat will show the direction of the med term trend. According to wave count the long term wave 0.8772-1.0002 is...
USD/CHF:3 sessions ago, the trend changed its orientation from down to uptrend. During the third day of the increase, the pair crossed a resistance at 0.9734.USD/JPY:For the last 7 sessions, there is a clear navigation between 80.89...
With speculations about further quantitative easing and possible currency agreements dominating this week’s trading, the meeting of G20 central bankers is going to continue to be the focus coming to next week and will likely provide a...
