Crude Oil weekly Report 06/ September /2010
Crude continues trading below support for the previously breached bullish channel, although the MA 50 maintains its stance as a support barrier that impedes achieving more bearish movement.
Category: Daily Forex Reports
Major Currencies’ weekly Report 06/ September /2010
EURUSDhe pair achieved that awaited primary targets around 1.2900 after insuring the bullish technical pattern shown previously, while momentum indicators have entered overbought areas; where we expect some fluctuation and a slant towards some minor bearish correction...
Dollar Trades Weaker; Which Pairs Are Ready To Breakout?
EURUSD: The EUR closed on Friday exactly at near term Resistance, at 1.2894. Obviously a close higher would provide added support to this EUR rally. The EUR has also closed up four consecutive sessions, something it failed...
EUR/USD Reaches 1.2900 Following Better Than Expected Non-Farm Payrolls Results
The US Non-Farm Payrolls wasted no time bringing the greenback down on Friday. The EUR/USD pair, which seemed very steady around the 1.2800 level before the report, promptly jumped due to the better-than-expected figures, and is currently...
A Test Of Ranges Today
The week will start on a quiet note because of the Labor Day holiday in the States. Before going into the weekend mixed data surrounded investors once again and gave both bulls and bears more reasons to...
Daily FX Market Review-6-9-2010
Market Review – 03/09/2010 21:50 GMTDollar falls broadly as better-than-expected U.S. jobs data boosts risk appetite The greenback dropped against most major currencies on Friday as better-than-expected U.S. non-farm payrolls eased recent worries on U.S. economic recovery...
Crude Oil Morning Report 03/ September /2010
Oil extended its rise yesterday noting that trading stabilized below the subsidiary channel’s support levels that were previously breached and shifted to resistance, at 75.20. Overbought signs are appearing on the momentum indicators which adds to the...
Major Currencies’ Morning Report 03/ September /2010
EURUSDThe pair’s trading between the retested levels at 1.2770 and 61.8% Fibonacci levels at 1.2830 and it found difficulty in breaching due to the negative sings appearing on the four-hour chart momentum indicator.
Daily FX Market Review-3-9-2010
Market Review – 02/09/2010 22:47 GMTEuro rises due to solid European bond auctions ahead of U.S. non-farm payrolls The single currency strengthened against the greenback on Thursday, as solid results from Spanish and French bond auctions boosted...
Forexpros.com Daily Analysis – 02/09/2010
ForexPros Daily Analysis September 02, 2010 Euro Dollar For the first time in 11 days the Euro reached 1.28, penetrating the resistance in yesterday’s report 1.2792, declaring that it refuses to give up. However, the rise stopped...