Yesterday’s pivotal support was at 71.65 showing a strong stance in front of crude’s strong attempts to push upwards and attack 23.6% Fibonacci correction, which has currently turned into resistance at 73.75. Through the image above, we...
EURUSD The pivotal support mentioned yesterday at 1.2175, shown strong steadiness against the negative pressure on the pair; thereby pushing it to the upside to attack resistance for the descending channel that organizes the last bearish intraday trend. ..
EUR/USD Open 1.2237 High 1.2328 Low 1.2181 Close 1.2248On Wednesday Euro/Dollar traded hesitantly at first and with a slight increase later in the day. Euro/Dollar appreciated from 1.2181 to 1.2265 yesterday, in converse with the Interbank sentiment...
Market Review – 02/06/2010 20:48 GMTThe Japanese yen tumbles on uncertainty after Prime Minister resignsThe Japanese yen weakened broadly as the resignation of Japanese Prime Minister Yukio Hatoyama brought bearish bias on the currency while his likely...
On Tuesday, the Single European currency turned out to be in high turbulence zone as already in the first part of the day the investors had started selling the euro, but on the North-American session, the pair...
Crude continues trading close to the awaited pivotal support at 71.65 shown in our morning report, where currently trading is wedged between the mentioned support and 38.2% Fibonacci correction that has presently turned into resistance at 72.45....
EURUSDThe pair is fluctuating sharply to retest the breached level once again, accompanied by negative signs appearing through momentum indicators; pointing to a bearish intraday trend shown in yesterday’s reports that we recommend reviewing. The first required...
ForexPros Daily Analysis June 2, 2010 Fundamental Analysis: ADP Nonfarm Employment Change Traders of the US anticipate the publication of the ADP Nonfarm Employment Change tomorrow June 3. The report is a measure of the monthly change...
The first day back from a long holiday proved cautious for the USD and broad markets. Tuesday produced gains for the Greenback versus the Single Currency, but it did lose some ground to the Sterling. Wall Street...
The EUR continued to face pressure on Tuesday in a cautious market. With full volume returning to the marketplace as traders from the U.S. and U.K. made their way into offices, the Single Currency has found that...
