The markets demonstrated a positive dynamics yesterday, thus the euro ended up. Today a beginning of a new season is due, so, a fresh inflow of liquidity can become a basis for a good trend, though by...
ForexPros Daily Analysis September 01, 2010 Euro Dollar Monday’s headline for the EURUSD was “Slowly rising, signaling weakness”, and the Euro listened, and kept on falling from the weekly open, losing more than 140 pips from yesterday’s...
Updating our expectations for August 24, the index respected our bearish scenario reaching the first target around 9915 and rebounding to retest the breached neckline for the bearish pattern which resides with the 100 MA.
EURUSDThe pair neared the awaited primary first target around 1.2625 rebounding to the upside due to the effect of bullish momentum appearing on the four hour chart, where the pair is losing this momentum ; whereas SMA 50...
Crude was able to breach support for the minor bullish channel paving the way towards achieving a bearish trend that targets returning within the descending channel that has previously halted to bullishly correction, as shown in our...
The USD traded in range against the EUR on Tuesday and managed to gain a bit versus the GBP. Trading remained rather tentative as the U.S. produced a mixed bag of data for investors to study before...
The EUR managed to trade in range against the USD on Tuesday as it found some stability. The EUR has certainly been under a dollar centric shadow the past few weeks as heightened talk about a downturn...
The Sterling moved a bit lower against the USD as Tuesday’s sessions came to an end. While Mortgage Approval beat expectations slightly, the Net Lending To Individuals numbers disappointed investors.
The JPY continues to hover near its highest values and its implication on the Japanese economy continues to spark concerns. While various government officials speak about possible intervention this has hardly scared away investors who seemingly continue...
After the U.S. dollar corrected some of its gains yesterday, a new trading day, packed with significant economic publications is ahead. Most attention should be given to the U.S. ADP Non-Farm Employment Change, which attempts to estimate...
