EURUSD broke above 1.3861 resistance and reached as high as 1.4006, suggesting that the uptrend from 1.2874 has resumed. Further rise is still possible in a couple of weeks, and next target would be at 1.4200 area....
Greenback rehabilitates.
H4 The aussie is still moving in the sideways direction – consolidation is in full play on 4-hour graphs. All Indicator lines directed horizontally are showing sideways movement (1, 2, 3, 4), as well as the Chinkou...
Hello and welcome back to another Non-Farm Payroll release. Depending on the actual numbers released, here are the price levels to watch for the GBP/USD.
A day prior to the US Non-Farm Employment Change report, ECB President Jean-Claude Trichet set the stage for the first European interest rate increase since the financial crisis.
EURUSD rose sharply yesterday on Interest rate hike decision by ECB during its April, 2011 meet. Common Currency is hovering near key resistance of 1.3955; strong vigilance is needed at this level as any negative news may...
Market Review – 03/03/2011 20:24 GMT Euro rallies as ECB’s President signals rate hike next month Euro soars broadly on Thursday after European Central Bank’s President Jean-Claude Trichet said in a press conference following rate decision that...
TODAY OUTLOOK : After testing the 1.3750 level that acted as a strong support yesterday, the pair reversed to the upside until it broke out above the Resistance 1.3857 and found new Resistance at 1.3893 (near the...
ECB rate increase speculations pushed euro to maximums. Asian and European trading sessions:
USD/CHF As can be seen on the daily graph the pair got to the supporting level of 127.2 on the Fibonacci retracement-0.9205, due to the fact that the latest down trend was not yet retraced to 38.2...
