The GBP/USD pair initially tried to rally during the Tuesday session, but was beat back at the 1.59 level. The resulting action caused a shooting star to form for the day, and it now looks like we’re...
The EUR/USD pair fell below the 1.2700 level on Tuesday, but did get a bounce in order to pop back above it. Currently, we are flirting around with that handle, and have formed what looks a lot...
The AUD/USD pair fell during the session on Tuesday as we retested the 1.04 level for support. It did hold, and we bounced in order to form a hammer. However, we are still below the Wednesday shooting...
Concerns over the Euro Zone economy are presumed to continue weighing on the Euro in today’s exchanges after a weak German business confidence data highlighted the rising pain in the region’s stronger economies.
The Dollar Index is trading at the short term resistance of 81.00-81.20 ranges after the FOMC meeting yesterday. The Dollar Index may again expected to find resistance at 81.00-81.20 ranges from where is sold off during September...
Date: 12.11.2012 Time: 18:15 Rate: 79.44 4 Hour chart Last Review USD/JPY Forecast- It is possible to see that a descending price structure was created on the breaking of the 80.00 price level which indicates that the...
Date: 12.11.2012 Time: 18:05 Rate: 0.9479 4 Hour chart Last Review USD/CHF Forecast- The price has corrected the uptrend marked with blue broken line towards the 38.2% Fibonacci correction on the 0.9394 price level and immediately went...
Date: 12.11.2012 Time: 17:53 Rate: 1.0427 4 Hour chart Last Review AUD/USD Forecast- As it was written on yesterday’s review, the price has reached the 1.0747 target and stopped. Breaking of the 1.0387 price level will probably...
Date: 12.11.2012 Time: 17:46 Rate: 1.5872 4 Hour chart Last Review GBP/USD Forecast- The price did breach the 1.6000 price level and ascended towards the 1.6040 level which is an exact 38.2% correction of the downtrend marked...
Date: 12.11.2012 Time: 17:25 Rate: 1.2713 Daily chart Last Review EUR/USD Forecast- the price did correct the last downtrend (small arrow on the right) and immediately went back down while finally reaching the 1.27500 price level, which...
