07/15/2011 07:52 UTC USD swings higher as it strengthens against the EUR, CHF, CAD, AUD and NZD. Recent mid-term strength indicator reading for USD is 3 out of 8, thus suggesting that the current swing may be...
The pair is now back under pressure after a new fail at the top of its range (1,08). Considering the latest price actions, we will consider a new test of 1,05 with a possible extension towards 1,0450...
The pair remains under pressure after a new fail to establish above 0,97. The recent bullish bounce turned to be a simple pullback on the daily 20 moving average now resistance.
With the US Dollar finding some support, the pair has been consolidating as of late on top of the fresh record low at 0,8080. A break back above 0,82 today would allow a pullback towards former support...
The pair remains bearish after the breakout of the 80,00 critical support. However, the market has found some great support on top of 78,50 tested twice oover the last 2 days. A break above 79,60 would validate...
The Cable remains well bid after a slight pullback on the 1,61 level. A break above 1,62 (wednesday high) would accelerate the move towards 1,6250 which might offer a great resistance (daily bollinger band and weekly 20...
The pair did stall out yesterday ahead of 1,43 which offers a great resistance. This level is at a confluence of several moving averages (20, 50 and 100). Besides, the pair has also validated a pullback towards...
07/15/2011 06:03 UTC AUD swings lower as it weakens against the USD, NZD, CAD, EUR and GBP. Recent mid-term strength indicator reading for AUD is 4 out of 8, thus suggesting that the current swing may be...
The Greenback traded flat after it has depreciated heavily on Wednesday, the 13th on the back of widened trade deficit. Key equity index, Dow Jones Industrials (DJIA) is expected to find resistance in the zone of 12700-12800...
Market Review – 14/07/2011 21:40 GMT Dollar gains as Fed’s Bernanke rejects immediate stimulus The greenback pared previous sessions’ losses and recovered against its major counterparts on Thursday as Fed Reserve Chairman Ben Bernanke said Fed was...
