Breakouts and Fakeouts
AUDJPY AUDJPY has been difficult to trade recently, chopping back in forth since the September jump in the yen. Price retested the level set before the Bank of Japan intervened, and has rocketed up higher since, breaking...
Category: Daily Forex Reports
forex daily technical analysis
USD/CHF: For the last three weeks, an important uptrend corrected the previous direction of the pair until a very important resistance on the daily graph: 0.9933.USD/CAD: The navigation started a few weeks ago was stopped in the...
Republicans & The FOMC
The USD traded in a rather predictable range against the major currencies on Tuesday as the U.S. midterm elections were held. The results of the election are nearly in and it is evident that the Republicans have...
Dollar Weakens Ahead of Election Results
The U.S. dollar dropped against most of the major currencies, especially the euro, ahead of the Congressional Election results. The main reason for the dollar’s fall is the speculation regarding asset purchases by the Federal Reserve.
Daily FX Market Outlook-3-11-2010 by AceTrader
Market Review – 02/11/2010 23:07 GMTEuro rallies against dollar on speculation of Fed easing The single currency surged against dollar on Tuesday as investors forecasted that U.S. Fed will announce the second round of quantitative easing on...
AUD/USD Elliott wave count and Fibonacci levels, November 2, 2010
AUD/USD is about to continue the long term uptrend and develop wave 5 of weekly degree. As far as wave count on smaller timeframes is concerned, this pair is developing wave C of the med term uptrend...
Forex-Metal Daily Analysis – 02/11/2010
The next FOMC quantitative easing measures are driving the markets. Asian and European trading sessions: Euro: On Monday the EUR/USD rate showed maximums around the $1.4010 mark, and decreased to $1.3950.
Forexpros.com Daily Analysis – 02/11/2010
ForexPros Daily Analysis November 02, 2010 Pound Trying to Break Range, Yen Near All Time Low — Euro Dollar The euro is in a range, in a wedge. The range is narrowing into a wedge.Euro is holding...
Forex daily analysis
USD/JPY: During the navigation of the 20 previous trading sessions, the pair tried to cross several times the support of 80.42 but failed. AUD/CAD:The navigation of the last three weeks didn’t stop and is still moving between...
Dollar Rebounds on Stronger than Expected Manufacturing Data
The U.S dollar rose on Monday, spurred by strong U.S. and Chinese manufacturing data, as investors awaited mid-term U.S. congressional elections and more monetary easing from the Federal Reserve in the days ahead.