The release of the Westpac Consumer Sentiment and Wage Price Index data resulted to the rise of the Australian dollar by 54 pips versus the Japanese yen in the previous Asian trading exchanges.
Date: 13.11.2012 Time: 18:15 Rate: 79.44 4 Hour chart Last Review USD/JPY Forecast- Indeed the descending price structure has lead the price to the 79.16 Fibonacci correction level (50% technical correction level of the uptrend marked with...
Date: 13.11.2012 Time: 17:26 Rate: 0.9506 4 Hour chart Last Review USD/CHF Forecast- The price has climbed towards the 0.9513 price level but stopped at the peak of the harmonic pattern named “butterfly” (blue triangles). By this...
Date: 13.11.2012 Time: 17:15 Rate: 1.0431 4 Hour chart Last Review AUD/USD Forecast- the price has breached the 1.0387 price level but left a large shadow downwards by doing that (it shows an aggressive come back of...
Date: 13.11.2012 Time: 16:58 Rate: 1.5885 4 Hour chart Last Review GBP/USD Forecast- The price did go down to the 1.5900 price level after breaking the 1.5960 support level. It is possible to assume that currently it...
Date: 13.11.2012 Time: 16:20 Rate: 1.2718 Daily chart Last Review EUR/USD Forecast- The price is breaking the 1.2750 support level and it is possible to assume that its next target will be the 1.2600 Fibonacci level. It...
The euro sunk to a fresh two-month low against the US dollar yesterday, as ongoing uncertainties regarding the next round of Greek bailout funds caused investors to keep their funds with safe-haven assets.
The USD/JPY pair fell during the session on Tuesday as the bearishness in the marketplace overall continues. We still see this market as being stuck in consolidation and still recognize 79 as a bit of a “floor”...
The USD/JPY pair fell during the session on Tuesday as the bearishness in the marketplace overall continues. We still see this market as being stuck in consolidation and still recognize 79 as a bit of a “floor”...
The USD/CAD pair broke higher during the Tuesday session as the parity level continues older support. We believe that this market is trying to grind higher, and a break above the 1.0050 handle has as buying this...
