Market Review – 04/10/2010 22:20 GMTEuro tumbles from a 6 1/2-month high on renewed concerns over European debtEuro tanked from a 6 1/2-month high against dollar on Monday, as renewed worries about European debt crisis dampened investors’...
According to wave count this currency pair has just ended daily corrective wave B (colored royal blue on the chart). To confirm wave C break above 135.03 is needed. If the price breaks below 130.78 it means...
The beginning of the previous trading week saw the euro still holding its maximum levels against the greenback, but the released data could not allow the euro grow higher. In particular, the rating agency Moody’s reduced the...
GBPUSD: The GBP hit just south of 1.60 nearly 2 months ago and has not been back there since. The GBP closed Friday at the most recent highs, or near term Resistance at 1.5835.
The U.S dollar held near its lowest levels in 6 months against the euro on Monday after Federal Reserve officials said more quantitative easing might be needed if the U.S. economic outlook remained weak.
Market Review – 01/10/2010 22:23 GMTEuro rallies to a six-month high against dollar on Fed Dudley’s dovish commentsEuro rose strongly to a 6-month high of 1.3793 against the greenback on Friday after dovish comments from NY Fed...
After a sideways movement in a range between 1.0191 and 1.0378, USDCAD breaks below 1.0191 support, suggesting that the downward move from 1.0672 has resumed. Further decline is expected next week and next target would be at...
USDCHF remains in downtrend from 1.1730 and the fall extends to as low as 0.9708 level. Further decline is still possible next week and next target is at 0.9634 (2008 low). Resistance is at 1.0000, as long...
USDJPY stays in a trading range between 82.87 and 85.92, and is now facing the previous low support at 82.87, a break below this level will indicate that the downward movement from 94.98 has resumed, then deeper...
AUDUSD’s rise from 0.8771 extends to as high as 0.9749. Supports are at 0.9620 and 0.9550, as long as these levels hold, uptrend could be expected to continue and next target is at 0.9849 (2008 high).
