Pound/yen is now developing corrective wave B of weekly degree. Wave A – 135.03-126.43. The tragets of the corrective upmove are Fibonacci retracements of 135.03-126.43 (wave A), and expansions off 126.43-129.58-128.51.
ForexPros Daily News October 28, 2010 Forex – EUR/USD hits daily high as dollar reverses uptrend Forex Pros – The euro was up against the U.S. dollar on Thursday, rising to hit a daily high as the...
The USD held onto its gains from the day before and started to raise the eyebrows of investors who may believe the slide in the greenback has almost reached its end. The USD picked up ground against...
GBPJPY Once again we are seeing a tag of the channel lines in the GBPJPY, although prices managed to push through briefly. The channel trade has worked excellently on this pair over the past 6 weeks, although...
Bond markets internationally have been a nervous bunch with the prospects of a Fed intervention and continued turmoil in Europe shadowing bonds in Greece and Portugal. The EUR struggled again on Wednesday and this came with little...
The Sterling did trade slightly lower on Wednesday but maintained a fairly comfortable range. The Nationwide HPI will be released today and is expected to have a result of minus -0.3%. Tomorrow Net Lending to Individuals and...
The Bank of Japan made no changes to its monetary policy earlier today and the JPY has stayed well within it strong consolidated range versus the USD. The AUD also had a rather small range on Wednesday...
The U.S dollar weakened for the first time in three days against the euro in overnight trading, as Asian stocks gained amid optimism the global economic recovery remains intact, damping demand for the greenback as a refuge.
Hello. Let’s take a look at a pair we like to trade – the EUR/JPY.
Market Review – 27/10/2010 22:50 GMTDollar rises broadly on reconsidered QE expectationsThe greenback strengthened against major currencies on Wednesday as investors questioned about the size of additional monetary easing by U.S. Fed and continued to reduce short...
