Market Review – 16/03/2011 20:40 GMT The Japanese yen reaches record high on worsening Japan nuclear crisis The Japanese yen surged across the broad on Wednesday as the deepening Japan’s nuclear crises triggered heavy risk aversion. Usd/jpy pair...
EUR-USD It can be seen that the last candle stick supported on the level of 1.3860, however, produces Japanese pattern, which signifies the end of an uptrend. Due to this we believe that the break out of...
The USD saw its ranges get tested by the EUR on Tuesday. As equity markets declined globally on fears that transpired because of the Japanese crisis, currencies began to move off of their consolidated ledges. The price...
The US dollar corrected losses against most of the major currencies over the past few days, as data showed that global recovery might take longer than expected. This decreased risk-appetite in the market and turned investors to...
US Dollar remained strong during the Asian trading session and during most of the European trading session but has lost ground during the U.S trading session on the event of late recovery in the key index of...
Greetings. Let’s take a look at the EUR/USD hourly chart. AS you can see, we’ve seen some moves and because the previous high from earlier in March is acting as resistance, look for a potential drop down...
Market Review – 15/03/2011 20:21 GMT The Japanese yen surges broadly as Japan nuclear crises triggered active risk aversion The Japanese yen rallied against all of its counterparts on Tuesday as nuclear crises in Japan worsened, fueling speculation...
Market review for 7 – 11.03, 2011
GBP-JPY It can be seen that the price has got to the down side of the parallel descending channel (fragmentary purple line), stopped and a green candle opened which signifies reversal pattern if and when a confirming...
Consolidation was largely seen in the currency and commodities markets on Monday as caution became the general theme due to the developing story in Japan. Equities however remain under considerable strain on many bourses as investors react...
