Crude Oil Morning Report 09/6/2010
Crude stabilized above the retest level for the previously shown bearish technical pattern; therefore causing us to currently drop it from current calculations.
Category: Daily Forex Reports
Daily Market Outlook by AceTrader
Market Review – 08/06/2010 21:37 GMTEuro edges up against the greenback on rebound in U.S. stocksDespite falling in NY session on Monday due to renewed cross-selling in euro versus yen, good buying interest at 1.1900/10 area contained...
Crude Oil Midday Report 08/6/2010
Crude succeeded in breaching the pivotal support mentioned this morning at 71.10, while the last four hour candlestick closing was below it; therefore, the bearish technical pattern was activated. This makes us maintain our morning expe ctations as...
Major Currencies’ Midday Report 08/6/2010
EURUSD The pair is close to touching the awaited level where it has currently descended to 1.2005; a minor bearish technical pattern has formed at 1.1910 and we expect it to effect trading today. Our expectations for...
Forexpros.com Daily Analysis – 08/06/2010
ForexPros Daily Analysis June 8, 2010 Fundamental Analysis: Fed Chairman Bernanke Speaks Traders of the US look forward to the Fed Chairman Bernanke Speech tomorrow June 9. The Fed Governor Ben Shalom Bernanke was born in 1953....
USD/JPY 91.44 – 8 June 2010
USD/JPY Open 91.50 High 92.08 Low 91.02 Close 91.36On Monday Dollar/Yen made a sharp decline, in line with the Interbank sentiment at around -58%, after which the losses were recovered. The currency couple depreciated down to 91.02...
USD – A Nervous Confidence Game
The USD made a strong start on Monday and then allowed the EUR and GBP to bounce back from their lows. Powering to new highs the USD started to find some resistance as the day developed and...
EUR – Can Rescue Package Bring Stability?
The EUR traded to new lows early on Monday but was able to bounce back and push itself at least into stronger parts of its intraday ranges. The EUR found some stability as Hungarian officials stepped forward...
GBP – Nationwide Consumer Confidence Today
The Sterling started off Monday on a weaker foot but it did find some balance and managed to climb from its lower depths. The EUR centric storm clouds persist for the GBP, but there is also U.K....
JPY – Asian Bourses Bounce Up A Bit
The JPY and USD traded in a consolidated motion as some of the risk adverse fervor lessened and the Asian bourses actually turned in slight gains on their own going into the European trading session on Tuesday....