USD/CAD:For the last few weeks, the pair is navigating and doesn’t have any specific trend. A vain breach occurred during the session of 08-11-2010 and today’s session is likely to be closed above it… CAD/JPY: Actually, the...
Greetings. Pulling up the USD/CHF hourly chart, we see the upward will potentially continue. It seems we’re in a potential Zig Zag (ZZ) corrective movement and have just completed the 2nd wave.
The USD essentially traded in a consolidated range versus the major currencies on Monday on a very light day of data globally. The real story of the day was Gold as it smashed upwards to new highs...
The debt concerns to arise from the euro zone over the past few trading days has put some downward pressure on the 16-nation single currency and reduced demand for other high-yielding investments.
Market Review – 08/11/2010 23:08 GMT Euro sinks against dollar on renewed eurozone debt concern The single currency tanked against dollar on Monday as worries over the budget problems in Ireland and eurozone resurfaced, prompting investors to...
At 4-hour graph the GBP/CHF makes a rollback from Fibonacci correction level 61.8. Earlier the GBP/CHF formed a combination of Bearish Engulfing candlesticks which gives a signal to the downward trend and that confirmed afterwards.
Normal 0 false false false MicrosoftInternetExplorer4 USD/CHF Daily Graph: http://www.real-forex.com/charts-daily/November2010/CHF_DAILY_081110.JPG
ForexPros Daily Analysis November 08, 2010 Forex Analysis For EUR/USD, GBPUSD and GBP/JPY 1) Forex Trading Signal For GBPJPY Forex Trend Analysis The overall trend for this pair is DOWN for the week.
The NFP data indicated that businesses are starting to hire, providing the dollar with a much needed jump against many currencies. EURUSD The Euro fell back to support, now sitting precariously on its 2-week long rising trendline.
The USD gained on Friday and this came on the back of a better than anticipated Non Farm Employment Change number. As much as the jobless figure typically runs the show on the first Friday of every...
