Date: 05.11.2012 Time: 17:59 Rate: 1.5976 4 Hour chart Last Review GBP/USD Forecast- the price is breaching the descending trend line between the lows (red broken line), while it is possible to assume that breaching the 1.6163...
Date: 05.11.2012 Time: 17:33 Rate: 1. 2787 Daily chart Last Review EUR/USD Forecast- The price is keeping on ranging around the 1.3000 price level while we cannot define a clear direction yet. Breaking the 1.2824 price level...
The Euro is foreseen to lose additional ground opposite the US dollar today on increasing signs of deteriorating economic conditions in the bloc. Meanwhile, Greece is also garnering market attention as the debt-strapped nation braces itself for...
The EUR/USD spent most of the day yesterday near its lowest point since early September, as concerns regarding Greece’s ability to secure a new round of bailout funds caused investors to shift their funds to safe-haven assets.
CFTC Commitments of Traders Report, 30 October 2012. Speculators reduced their net short USD, as revealed in the latest COT report to 75.6K from 91.2K in the previous week. This is the 11th week specs have been short...
The Dollar traded mixed against the FX majors wherein it has appreciated against the Euro, the Cable and the Swiss France where as the USD has weakened by about 50 pips against the Aussie Dollar.
The USD/JPY pair fell during the session on Monday as the markets essentially did very little before the US Presidential elections. This by far is the most interesting pair for us over the next 24 hours as...
The USD/CAD pair rose during the session after going back and forth overall on Monday. We still sit just under the 200 day exponential moving average, and above the 0.99 support level.
The GBP/USD pair fell during the session to get below the 1.60 level at the close. This is a relatively negative expression on this pair, but the truth is we still haven’t broken down below the lowest...
The EUR/USD pair fell during the Monday session, but got a bit of a bounce once the market fell below the 1.28 level. The resulting candle is somewhat hammer like, but this sets up a very obvious...
