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...
CFTC Commitments of Traders Report, 06 November 2012. Speculators continue to cover their short USD positions, taking the net position down to only 42,006 contracts from last week’s total of 75,689 contracts. When dissecting the aggregate net...
In yesterday’s European trading session, the Euro gained versus the Great British pound as it found little support from the Eurogroup meeting, wherein the officials decided to give more time for the indebted country to meet austerity...
The euro largely remained within reach of its recent two-month low against the US dollar throughout yesterday’s trading session, as investors eagerly awaited news regarding the next round of the Greek bailout package.
The USD/JPY pair did very little during the session on Monday as we continue to bounce around in the 79.50 level. The hammer that was formed on Friday still has is thinking that this pair will bounce...
The USD/CAD pair basically sat still during the session on Monday as the Americans celebrated Veterans Day. This market is heavily skewed towards trading during the North American session, so this really should have been much of...
GBP/USD fell during the session after initially trying to gain on Monday, and managed to close below the 1.59 level. This level was very significant to us as it was the bottom of the “zone” that was...
The EUR/USD pair fell again during the session on Monday, as we currently hover above the 1.27 handle. This level is the bottom of significant support from the previous consolidation area.
