Market Review – 21/09/2010 23:00 GMTUS dollar falls broadly as Fed offers to easeThe greenback dropped against other major currencies on Tuesday, as the statement of U.S. FOMC meeting indicated that U.S. Fed prepared to ease monetary...
With plenty of today’s trading having taken place already and the Building Permits number from the U.S. having turned in a slightly negative outcome all eyes now turn to the Federal Reserve’s FOMC Statement.
The drop of the greenback in the threshold of the FOMC meeting. Asian and European trading sessions: Euro: The EUR/USD pair strengthened above the $1,3100 mark. US Dollar: The greenback showed weakness as the expectations for the...
ForexPros Daily Analysis September 21, 2010 Euro Dollar Stunningly, the Euro stopped exactly & down to the pip at our suggested resistance in yesterday’s report 1.3118, to confirm the importance of this level, which will live to...
On the daily chart above, we can see that the pair’s trading was restrained between the ends of the symmetrical triangle since the beginning of 2009, yet recently the pair breached the support for the pattern -precisely...
The index breached the upside correction level and the last was 61.8% at 10555 –the correction for the downside move from 11205 till 9507- this upside move was supported by the positive pattern and the breach of...
AUDUSD: The AUD has taken out major Resistance that had been in place since October of 2009 and with one point extending as far back as October 2007. This level of Resistance stood between .9350 and .9400....
The Dollar is under pressure ahead of the Federal Reserve meeting statements later today, as the possibility of further quantitative easing measures by the Fed weigh on the greenback.
Market Review – 20/09/2010 22:56 GMTEuro hovers near five-week high against dollar on ahead of U.S. Fed meetingThe single currency hovered near five-week high against the greenback on Monday, as investors were focusing on the FOMC meeting...
Support levels: 1.0212, 1.0101, 1.0050Resistance levels: 1.0369, 1.0511,1.0569At 4-hour graph the USD/CAD currency pair made a huge rollback upwards from the support level near 1.0212. The view on the currency pair remains bearish, as the downside trend...
