EURUSD might be forming a cycle bottom at 1.3969 on daily chart. Further rise is still possible next week, and target would be at 1.4500 area. However, the bounce from 1.3969 is treated as consolidation of downtrend...
05/27/2011 19:31 UTC NZD swings lower as it weakens against the USD, JPY, EUR, GBP and CHF. Recent mid-term strength indicator reading for NZD is 8 out of 8, thus suggesting that the current swing may be...
05/27/2011 13:55 UTC JPY swings lower as it weakens against the EUR, GBP, CHF, AUD and NZD. Recent mid-term strength indicator reading for JPY is 6 out of 8, thus suggesting that the current swing may be...
05/27/2011 12:27 UTC EUR swings higher as it strengthens against the USD, GBP, JPY, CAD and AUD. Recent mid-term strength indicator reading for EUR is 1 out of 8, thus suggesting that the current swing may be...
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The Dollar Index (DXM11) taking resistance at 76.50 ranges is lower at 75.20 ranges; weekly close below 75.00 ranges would result in continuation of the long-term dollar weakness.Benchmark equity index of the Dow Jones Industrials (DJIA) recovered...
Euro showed continuous growth, while greenback dropped.
The stock market closed higher Thursday as technology and consumer discretionary stocks countered the weight of weaker-than-forecast jobless claims and first-quarter economic growth. The Dow Jones Industrial Average finished up 8.10 points to close at 12,402.76. The...
Eur/usd – 1.4246 … The single currency jumped to 1.4278 in Tokyo lunch session (liquidity was poor as mentioned earlier) due to active short-covering after triggering stops at 1.4210 n 1.4250 on speculation that U.S. economic growth...
Skeptics were given GDP data from the U.S. on Thursday that confirmed that the American economy is not doing as well as official estimates have pronounced. The Prelim GDP yesterday came in with a result of 1.8%...
