GBP/USD Analysis (August 30)
The pressure remains on the upside since the pair bounced on an ascending channel near the 1,62 level.
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EUR/USD Analysis (August 30)
Considering a return of the risk appetite on the market, we continue to watch a possible development to the upside on the Euro after a confirmation of the break above 1,45.
Dollar Losses Limited, Markets Expecting Heightened Volatility
Liquidity will likely be higher in today’s early trading as several events are being published in rapid succession from Britain, Canada and the US. American liquidity will be heightened, and Canada will contribute to today’s movements with...
Recent Recommended Trades by AceTrader
Update Time: 29 Aug 2011 17:20GMT DAILY EUR/JPY CROSS OUTLOOK – +111.55+ Euro’s intra-day breach of last wk’s 111.64 topsignals the rise fm this month’s low at 108.01 toretrace MT decline has resumed n further gain to112.00/10...
Daily FX Market Outlook by AceTrader-30-8-2011
Market Review – 29/08/2011 21:58 GMT Dollar rises versus yen and franc on risk appetite The greenback strengthened against the Japanese yen and the Swiss franc Monday due to rally of U.S. and European stock markets as...
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In this article we will discuss about a widespread, well-known key element of technical analysis. Why do you think technical analysis especially some elements work so well for financial markets? Why do you think Fibonacci levels are...