GBP/USD Open 1.4964 High 1.5000 Low 1.4802 Close 1.4954On Wednesday Pound/Dollar continued recovering, as expected, in converse with negative Interbank sentiment at nearly -26%. The Cable appreciated from 1.4802 to 1.4970 yesterday, closing the day at 1.4954....
Crude succeeded in achieving yesterday’s suggested bearish technical pattern flawlessly, where it managed to achieve key targets while keeping in mind that it was not able to build a base below the pivotal level 75.75.
EURUSD The pair has attempted to breach pivotal support 1.2240, but was not able to build a base below it to push to the upside to achieve yesterday’s awaited targets flawlessly, as it currently stabilizes at the...
GBPUSD: We spoke about this move the other day. Price was pushing up against trend line Resistance just as the 50 day moving average was hitting the same level. This combination exerted tremendous pressure against the GBP.
The Dollar weakened on all fronts yesterday as the Fed kept rates lower than 0.25%. Today, another volatile trading session is expected as the U.S. Core Durable Goods Orders and the weekly Unemployment Claims are scheduled for...
EUR/USD Open 1.2318 High 1.2351 Low 1.2214 Close 1.2309After partial downward correction, on Wednesday Euro/Dollar continued recovering. The European currency appreciated from 1.2214 to 1.2329 yesterday, in converse with the Interbank sentiment projection, at around -0.7%, closing...
Market Review – 23/06/2010 21:33 GMTDollar slips as Fed turns cautious on U.S. economic recoveryDollar fell against the Japanese yen and euro on Wednesday as the Federal Reserve remained cautious on the U.S. economy and reiterated its...
The Australian dollar, as it was expected, closed the gap zone. Now, I wait for the reach of the level of 0.8550, but we would like to warn you about possible correction to the level of 0.87...
Crude has been trading in a very narrow range since this morning, due to the effect of the positivity appearing of momentum indicators and support from the MA 50. Meanwhile, pivotal resistance is currently at 77.70 and...
EURUSD The pair neared the awaited pivotal resistance at 1.2330, yet still struggling to stabilize above the 50 MA. The suggested morning scenario remains intact, yet we again point out to the signs of an expected bearish...
