Wave analysis of the GBP/USD currency pair for March 16, 2010
Having formed the first five waves of the assumed correction, yesterday, the price of the GBP/USD currency pair made
Author: InstaForex.com
Technical analysis and trading recommendations for the EUR/USD currency pair for March 15
Overview: The sideways movement looks like finished. The Bollinger Bands have started to diverge and the price- to move upwards. A ‘buy’ signal targeted to 1,3815 is being formed. At the moment, it is recommended to trade...
The US stock market review
On Thursday, the US stock indices were up, where Standard & Poor’s 500 grew to a 17- month high amid the optimistic comments of the Chief Executive Officer of Citigroup; which pushed upwards the financial markets’ stocks...
EURUSD’s analytical review with the forecast for March 11
Yesterday, the European currency managed to overcome the bearish pressure, which was continuing during last few days, and showed the growth to the weekly high of 1.3678. On the Asian session, the pair was sliding, however,...
Technical analysis and trading recommendations for the USD/CHF currency pair for March 10
Overview: This situation is similar with the euro. The price, having not completed the planned targets, began to move in sideways direction again. We see, as the price moves in the sideways channel, which is clearly signaled...
EURUSD’s analytical review with the forecast for today
There were no any changes on Monday, as the pair growth before noon was fully leveled by slumping demand for risky assets in the US trades.
Technical analysis and trading recommendations for the EUR/USD currency pair for March 4, 2010
The overall picture: A long-expected trend has finally begun, as Bollinger Bands signaled about it. A “buy” signal with the target level of 1.3962 is formed. At present moment, the price has not managed to strengthen above...