EUR/GBP candlestick analysis for 21/05/2010

by InstaForex.com | May 21, 2010 2:19 pm
At 1-hour chart of EUR/GBP there was formed an “Evening Star” combination which gives a signal of the downward movement. In addition, this candlestick formed near the resistance level 0.8780-0.8790 where also stood Fibonacci correction level 50.0.

Analytical review of EUR/USD. Forecast for Friday, May 21

by InstaForex.com | May 21, 2010 2:09 pm
A confident pair growth in the second part of the day on Thursday led to setting of a new local maximum of 1.2596, though many market participants were skeptical about this uprise since they are bounding it...

The US stock market review

by InstaForex.com | April 16, 2010 3:09 pm
On Thursday, the US stock indices increased to a 19-month high. As the growth leaders performed the industrial companies stocks, which were up after the release of the data showing the improvement of the industrial sector conditions. 

The US stock market review

by InstaForex.com | April 7, 2010 1:07 pm
On Tuesday, the US stock indices showed a mixed ending. Dow Jones Industrial Average was down by 3,56 points or by 0,03% to 10969,99 points, having demonstrated only the 6th falling out of the last 27 sessions. 

Analytical review of the EUR/USD pair for Monday April 5, 2010

by InstaForex.com | April 5, 2010 2:29 pm
Because of the holidays at the markets in the USA and Europe the trading for the euro-US dollar pair on Friday was under influence of the fundamental data from the US labor markets. Right from first minutes...