Market Review – 17/01/2011 21:34 GMT Euro ratchets lower on uncertainty on euro zone rescue fund Euro weakened on Monday as the ECB’s Governing Council member Athanasios Orphanides played down talk of tighter policy and the market’s...
Since Friday EURUSD pair has been moving in a downward trend that is currently narrowing. Declining volatility indicates high probability of strong surge on a price chart to come. Strong signal biasing toward further dollar depreciation might...
4-hour timeframeOverview:The buy signal with target level at 1.5722 is being developed; however, price movement has stopped, which can be considered as a correction. The formed signal is strong and confirmed since the Chinkou Span fixated above...
The euro gained about 580 pips against the U.S. dollar in last week’s trading session, following strong debt sales in Spain, Italy and Portugal. This has increased risk-appetite in the market and as a result weakened the...
Market Review – 14/01/2011 19:42 GMT Euro pares gains on profit-taking after rising to one-month high vs dollar The single currency climbed above $1.3400 level against the dollar on Friday as traders bought euro aggressively on short-covering....
H4 Yesterday’s optimism on the aussie market turned inverse immediately after the prices reached the lower limit of the Ishimoku cloud on four-hour graphs. The price bounced off of the Senkou Span A and directed to the...
Although the euro had a very positive day on Thursday, the currency peaked against most of its main currency rivals in overnight trading and is currently in the middle of a bearish trend once again. The EUR/JPY...
Market Review – 13/01/2011 21:53 GMT Euro surges broadly on short-covering due to Trichet’s hawkish comments Euro rose sharply across the board on Thursday after head of ECB Trichet expressed concerns about inflation. Traders bought the single...
The GBP/JPY is now moving within subwave C (colored red in the chart) of daily impulse wave C – colored royal blue in the chart. The targets of the upmove are Fibonacci retracements of 133.03-125.47 and expansions...
Beige Book report saves the greenback. Asian and European trading sessions: Euro: On Wednesday the EUR/USD pair started to strengthen and reached the $1,3000 level during the morning trading. Euro continued to strengthen after the successful auction...
